Americas top stories: weekly summary

Author: ICIS Editorial

2021/08/30

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 27 August.

SK Capital acquires majority interest in Louisiana-based PS producer Deltech Holdings
US private investment firm SK Capital Partners has acquired the Monomers, Polymers and European businesses of Deltech Holdings, a Louisiana-based producer of high-performance aromatic monomers and specialised crystal polystyrene (PS), SK Capital announced on Monday.

Mexico Pemex may miss oil-output goal because of fires - Fitch
Pemex may miss its 2021 target for oil production because of fires at its largest production complex, Fitch Ratings said on Tuesday.

Increased derivative growth, product adoption to drive TOFA growth - Ingevity
Leveraging the bio-based nature of derivatives into lubricants markets and continued opportunities to grow the adoption of products into oilfield markets are among the dynamics driving tall oil fatty acids (TOFA) market growth, Ingevity said in an outlook presentation on the pine chemicals and rosin industries.

Tropical Depression Nine forms, threatens Gulf oil, Louisiana chems
Tropical Depression Nine formed on Thursday near Jamaica, and meteorologists expect it to strengthen into a hurricane before passing near offshore oil wells and making landfall on the coast of southeastern Louisiana.

Storm remains on track to threaten Gulf oil, Louisiana chems
Tropical Depression Nine remains on track to pass over offshore oil wells and make landfall on the coast of southeastern Louisiana, threatening petrochemical plants and crude production.

Storm threatens US Gulf oil, chem production amid already-constrained supply chains
Tropical Depression Nine continues to churn towards the center of the Gulf of Mexico and forecasters at the National Hurricane Center (NHC) are predicting it will make landfall on the southeastern Louisiana coast, home to petrochemical plants and crude production.

Tropical Storm Ida forms in Caribbean, heads towards Louisiana
Tropical Storm Ida formed on Thursday in the Caribbean Sea, and meteorologists expect it will become a hurricane before making landfall in southeastern Louisiana by Sunday.

Tropical Storm Ida strengthens, on track to hit Louisiana
Tropical Storm Ida has continued to barrel toward the coast of southeastern Louisiana, strengthening before it makes landfall on Sunday as a major hurricane, threatening petrochemical plants and crude production.

Ida becomes hurricane, remains on track to hit Louisiana chems
Ida has become a hurricane on Friday as it approaches western Cuba and remains on track to hit the southeastern Louisiana coast, home to petrochemical plants and refineries.