- Williams Partners (NYSE:WPZ +1.6%) says it plans to resume ethylene production as soon as next month at its rebuilt and expanded Geismar, La., olefins plant following a series of delays after a 2013 explosion at the site.
- WPZ says all major construction related to Geismar’s rebuild, expansion and safety-related upgrades has been completed, and the plant is scheduled to begin manufacturing ethylene for sale in November.
- The 600M lb./year expansion project will bring Geismar’s ethylene production capacity to 1.95B lbs./year from 1.35B lbs/year, with WPZ's share of the total capacity amounting to ~1.7B.
- WMB +3.1%.