Olefins

Enterprise Exports Lower 48’s First Co-Loaded NGL Cargoes from Houston Ship Channel

Enterprise Exports Lower 48’s First Co-Loaded NGL Cargoes from Houston Ship Channel

In a first for the U.S. midstream industry, Enterprise Products Partners LP (EPD) this month loaded combination cargoes of natural gas liquids (NGL) and olefins on the same vessel. The Houston-based operator said it completed the simultaneous loading of propane and polymer grade propylene into separate compartments on a very large gas carrier at its…

July 15, 2020

Shell Begins Producing from Fourth Unit at Geismar, LA, Facility

Fed by ample natural gas stocks, Shell Chemical LP has begun producing from its fourth alpha olefins (AO) unit at its Geismar, LA, chemical manufacturing site, bringing total output to more than 1.3 million metric tons/year (mmty).

January 7, 2019

Harvey Still Pummeling Gulf Coast Olefins Trade, Says IHS Markit

Hurricane Harvey’s flooding rains sharply reduced domestic and in turn global petrochemical production of linear alpha olefins (LAO), and operators still are scrambling to make up for the shortfall, according to IHS Markit.

October 12, 2017

Williams Selling Geismar Olefins Plant to Nova For $2.1B

Williams Partners LP is selling all of its interest in Williams Olefins LLC, which owns an 88.46% stake in the Geismar, LA, olefins plant and associated complex, to Nova Chemicals for $2.1 billion in cash.

April 17, 2017

Williams’ Armstrong: Northeast Basis Will Collapse in Time

Williams/Williams Partners LP process to sell or find a tolling agreement for its Geismar, LA, olefins plant is in full swing. Meanwhile, adjustments have been made to the schedule for the Atlantic Sunrise project to accommodate a regulatory delay, CEO Alan Armstrong told analysts during a conference call Monday.

October 31, 2016
Williams to Appeal $13.6M Jury Award For Geismar Explosion

Williams to Appeal $13.6M Jury Award For Geismar Explosion

A jury in Iberville Parish, LA, has awarded a total of $13.6 million to four men who were injured in a June 2013 explosion and fire at Williams’ Geismar, LA, olefins plant. Williams said it will appeal the verdict.

September 27, 2016

Shell’s Geismar Expansion to Create World’s Largest Alpha Olefins Facility

A unit of Royal Dutch Shell plc plans to begin construction early next year on a $717 million expansion at its Geismar campus in Ascension Parish, LA, which would make the site the largest alpha olefins (AO) producer in the world.

November 30, 2015

Geismar Nearing Full, Expanded NGL Output Rate

Six months after its restart, the Geismar, LA, olefins plant is up to 87% of its full expanded production rate, Williams Partners LP said late Thursday.

June 19, 2015

Industry Briefs

The U.S. Court of Appeals for the District of Columbia Circuit has upheld a ruling by the U.S. District Court for the District of Columbia that found the Commodity Futures Trading Commission (CFTC) did not act illegally in promulgating Dodd-Frank regulations. The Investment Company Institute and the U.S. Chamber of Commerce brought the action against the CFTC, arguing that the adopted regulations applying to derivatives trading were unlawfully adopted and invalid. The district court “granted summary judgment in favor of the Commission. Because we agree with the district court that the Commission did not act unlawfully in promulgating the regulations, we affirm,” ruled the appeals court. Specifically, the two groups challenged a rule that would subject registered investment companies (RIC) engaged in derivatives trading to many of the Dodd-Frank requirements. Prior to 2003, RICs engaged in rare derivatives trading activities, but that has since changed, according to the CFTC. It is the agency’s latest legal victory with respect to its Dodd-Frank regulation of the $300 trillion.

July 1, 2013

Louisiana Plant Explosion Claims Second Life

Two people have now died as a result of Thursday morning’s explosion at the Williams Geismar, LA, olefins plant in Ascension Parish.

June 17, 2013
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