Americas top stories: weekly summary
ICIS Editorial
15-Apr-2019
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 12 April.
US Houston Ship
Channel reopens after weather halts inbound
traffic
Vessel traffic through the Houston Ship Channel
resumed early on Monday after thunderstorms on
Sunday limited vessel movement to inbound
ships.
Bulk of global
economy expected to slow amid widespread
stresses – IMF
Slowdowns in growth are expected for 70% of
global economies this year amid widespread
political and financial stresses, with a
projected rebound next year predicated on a
“precarious” emerging market recovery,
according to the International Monetary Fund
(IMF) on Tuesday.
US Tronox
completes acquisition of Cristal; FTC approves
N American TiO2 divestiture to
INEOS
Tronox has completed the acquisition of Saudi
Arabia’s National Titanium Dioxide Co
(Cristal), following US approval of a remedy
that addressed antitrust concerns, the US-based
titanium dioxide (TiO2) producer announced on
Wednesday.
US Tronox moves
on plant upgrades, synergies after Cristal
deal
Tronox plans to quickly upgrade the 200,000
tonne/year Cristal titanium dioxide (TiO2)
plant at Yanbu, Saudi Arabia, top executives of
the US-based integrated TiO2 major said in a
webcast conference call on Thursday.
High water on US
Mississippi river reducing ship
traffic
High water on the US Mississippi river
continues to reduce shipping traffic, with a
flood warning still in effect for river areas
north of St Louis, Missouri, limiting the size
of tows in New Orleans, Louisiana and making
the discharge of import vessels there a
challenge.
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