Sunday, September 24, 2017

Williams Partners to Shed Petrochem Plant Stake

Posted by April 17, 2017

Pipeline operator Williams Partners LP said it would sell its stake in a unit that owns 88.46 percent of an olefins plant in Louisiana to Nova Chemicals for $2.1 billion cash.

Williams Partners said its units would enter into long-term supply and transportation agreements with Nova after the deal closes, the company said on Monday.
Reporting by Ahmed Farhatha 

Related News

Marine Technology ENews subscription

World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.

Subscribe to World Energy News Alerts.

Press Releases