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Formosa blames pandemic for major construction delay in St. James

FG LA LLC, a member of the Formosa Plastics Group, announced last week that it will delay major construction activities at its Sunshine petrochemicals...

ExxonMobil plans layoffs but maintains faith in fossil fuels

ExxonMobil plans to lay off an unspecified number of employees as low oil prices force the company to delay major projects, Chief Executive Officer...

Huntsman’s Geismar facility temporarily reduces operating rates

Huntsman Corporation announced last week that a mechanical failure at a third-party raw material supplier is forcing its Geismar MDI facility to experience a...

CF Industries plans $41.4M investment in Donaldsonville fertilizer complex

CF Industries is investing $41.4 million capital investment to enhance nitric acid production at the world’s-largest nitrogen fertilizer complex in Donaldsonville. The new project follows...

Sasol strikes a $2 billion partnership in its in Lake Charles chemicals complex

Sasol has struck a deal for a partnership in its U.S. Base Chemicals Business in Lake Charles. LyondellBasell is acquiring 50% of Sasol's 1.5 MM...

Dow finalizes $620M deal for Louisiana, Texas terminal operations

Dow's $620 million deal with Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock’s Global Energy & Power Infrastructure Fund, to...

Sasol: ‘No apparent damage’ to process equipment, utilities or infrastructure

A damage assessment of its 14 manufacturing facilities, associated utilities and infrastructure indicates Sasol's Lake Charles Chemical Complex sustained no apparent damage to major...

Tight commodity markets could be squeezed by delayed petrochem startups

Delayed startups at Louisiana chemical plants caused by downed transmission lines in the wake of Hurricane Laura could squeeze several markets that are already...

Sasol: Efforts to sell stake in Lake Charles Chemicals Complex aren’t hampered by Hurricane...

Although Sasol's manufacturing facilities in Lake Charles remained shut down on Monday, the aftermath of Hurricane Laura isn't expected to hurt the company's efforts...

Dismukes: Hurricane Laura’s impact on petrochemical industry likely to be minor

Though it’s too early to determine the extent of the damage Hurricane Laura wreaked on the southwest Louisiana communities where it made landfall, the...

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