Americas top stories - weekly summary

12 September 2011 09:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 09 September 2011.

(Please click on the link to read the full text.)

US Olin shuts Tennessee chlor-alkali plant after mercury spill
US chlor-alkali producer Olin has shut down its Charleston, Tennessee, plant after reporting a mercury spill into a river, the company said on Friday.

A weaker Tropical Storm Nate still threatens Mexico
Tropical Storm Nate weakened off the coast of Mexico on Friday, but it could still form into a hurricane by Sunday, the US National Hurricane Center (NHC) said.

Obama missed the mark on jobs – US chem, energy, business groups
President Barack Obama missed an opportunity to jump-start US job creation in his speech to Congress, US chemical, energy and general business interests said on Friday, warning that yet another federal stimulus spending bill is not the answer.

US ConocoPhillips to include CP Chem stake in refinery spinoff
US-based ConocoPhillips confirmed on Thursday its plan to include its Chevron Phillips Chemical (CP Chem) stake in the spinoff of its refinery business.

Tropical Storm Nate forms off the coast of Mexico
Tropical Storm Nate has formed off the coast of Mexico, the US National Hurricane Center said on Wednesday.

Initial US September propylene contracts settle flat
US propylene contracts for September began to settle flat on Wednesday, pointing to a likely second rollover in as many months for the monomer.

Another Gulf storm threatens US offshore production after Lee
Another weather system in the Gulf of Mexico will likely become a tropical storm, meteorologists said on Wednesday, threatening US offshore production just as producers have started returning workers to platforms following last week's Tropical Storm Lee.

Sunoco US refineries may become ethylene plants, terminals
US Sunoco executives laid out on Tuesday several options for its Marcus Hook and Philadelphia refineries in Pennsylvania, including the possibility of converting the sites into ethylene plants.

Sunoco to sell US refineries, exit refining business in strategy shift
Sunoco plans to exit its refining business and has begun the process to sell its refineries at Philadelphia and Marcus Hook, Pennyslvania, in the US, the company said on Tuesday.

By: Staff Reporter
+44 20 8652 3214

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