Americas top stories: weekly summary
ICIS Editorial
03-Jun-2024
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 31 May.
Automotive major Stellantis plants in
Argentina, Brazil still affected by floods
aftermath
Stellantis’ facilities in Argentina remain shut
and its plant in Goiana, northeast Brazil, has
also partially stopped, a spokesperson for the
global automotive major said to ICIS on Friday.
INSIGHT: Busy hurricane season threatens LPG
exports to China, Europe crackers
The US is expecting its busiest hurricane
season ever when it starts on Friday, which
could threaten shipments of liquefied petroleum
gas (LPG) Europe, a lifeline that has given
those plants a relatively good cost position in
a region battered by higher-cost naphtha and
energy.
Midstream consolidation continues as US Energy
Transfer makes $3.25 billion deal
Energy Transfer plans to acquire WTG Midstream
for $3.25 billion, the latest deal in an
ongoing consolidation of the industry that
provides feedstocks to chemical plants.
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