Americas top stories - weekly summary

26 December 2012 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 21 December 2012.

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

US Mosaic may build $700m ammonia plant in Louisiana
US-based fertilizer producer Mosaic may build a $700m (€532m) ammonia plant at its Faustina site in St James parish, Louisiana, the company said on Friday.

OUTLOOK '13: US ethane spot prices may rebound from historic lows
US ethane spot prices should rebound in 2013 from all-time ICIS lows in the last few weeks of 2012.

US PP December contracts up 1 cent/lb with propylene
US polypropylene (PP) contract prices settled higher by 1 cent/lb ($22/tonne, €17/tonne), following an identical increase in feedstock propylene, sources said on Thursday. 

Investment firms complete acquisition of US BD producer TPC
Investment firms First Reserve and SK Capital Partners have completed their acquisition of TPC Group, the US-based butadiene (BD) producer said on Thursday.

US propylene spot prices jump after news of plant outage
US propylene traded higher on Wednesday amid news of an unplanned outage at a plant in Texas.

US CB&I shareholders approve acquisition of Shaw Group
The shareholders of US energy and petrochemicals engineering firm CB&I have approved the acquisition of Shaw Group, CB&I said on Wednesday.

US chemicals barometer suggests slow, steady growth in ‘13
A key measure of US chemicals sector activity held steady in December from November after four straight monthly gains, suggesting that the US economy will see slow but steady growth in 2013, a report said on Tuesday.

US Calumet to acquire NuStar refinery, assets in Texas for $115m
US crude oil refiner Calumet Specialty Products Partners announced on Monday that it has signed an agreement to acquire a Texas refinery and other assets of NuStar Refining and NuStar Logistics for approximately $115m (€87m).


By: Staff Reporter
+44 20 8652 3214



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