Americas top stories: weekly summary

ICIS Editorial

02-Oct-2023

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 29 September:

US auto union to expand strike to additional Ford, GM assembly plants

The United Auto Workers (UAW) union will expand its strike to two Ford and GM assembly plants at 16:00 GMT (noon EST) as negotiations with the Big Three automakers continue.

Eastman sells Texas City operations to INEOS Acetyls for $490m

Eastman has reached a definitive agreement to sell its Texas City acetyl operations near Houston to INEOS Acetyls for $490m, officials said on Thursday.

BP starts building US solar plant to power Exxon-SABIC petrochemical project

UK energy firm BP has started building a solar project in Texas that will supply electricity to the joint venture petrochemical project of ExxonMobil and SABIC in the US Gulf Coast.

US firms build smaller homes to make them more affordable – Huntsman

US builders are reducing the sizes of single- and multifamily housing to make them more affordable as mortgage rates reach 20-year highs, an executive at Huntsman said.

Canadian labour union starts talks with GM, avoids strike deadline

Canadian labour union Unifor started collective bargaining talks with General Motors (GM) on Tuesday, but has not set a strike deadline.

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