HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 19 February.
Formosa extends force majeure on US HDPE, PP,
declares FM on other PE
products
Formosa Plastics USA has extended its force
majeure declaration on polypropylene (PP) and
high density polyethylene (HDPE) and has also
declared force majeure on all
remaining Formolene PE products,
according to a Friday customer letter.
Industrial plants still without power as Texas
reels from storms
Texas' industrial plants remained without power
on Friday morning as the state's operator
continues attempts to restore all parts of the
grid in the wake of freezing storms that have
beset the US Gulf Coast all week.
Formosa Plastics USA cuts rates, shuts output
at all US units
Formosa Plastics USA has either shut down
operations or lowered production rates at its
units in Point Comfort, Texas, and Baton Rouge,
Louisiana, because of the frigid weather, the
polyolefins and vinyls producer said on
Thursday.
Tronox's capital projects to drive TiO2
integration, reduce costs -
exec
Tronox is looking to two key capital projects
to further drive its vertical integration
and reduce costs, Jean-Francois Turgeon, co-CEO
and chief operating officer of the US-based
titanium dioxide (TiO2) company, said in an
update on Thursday.
US Gulf Coast chems paralysis continues amid
widespread blackouts
Chemicals production in the key US Gulf Coast
producing hub continued as Texas residents
dealt with another day of freezing conditions,
with little clarity when power will be restored
in the state.
Freezing weather puts US Gulf Coast chems on
ice
Freezing conditions in the US Gulf Coast have
brought the region’s refining and
petrochemicals production grinding to a halt,
with a barrage of shutdowns, production upsets
and force majeure notices emerging since the
storm hit.
US Gulf Coast ice storms cause chems production
freeze
An almost unprecedented polar storm sweeping
across the US Gulf Coast states has led to
shutdowns and production cuts at a swathe of
petrochemicals plants and refineries in the
area, as well as throttling transport and
leaving millions without power.