North America downstream news

Over 2000 plaintiffs in Texas will be awarded another US$140 million 30 years after the case began.

The purchase covers 2500 commercial and industrial customer contracts.

The company will supply air cooler systems to a US plant.

The transaction sees the business, workforce and production facilities transferring to INEOS Enterprises, where it will trade as INEOS Joliet

Matrix Service Inc. has serviced the refinery for 16 years.

Pipeline capacity constraints are also a factor.

REG has voiced its approval of the US EPA’s increase of the minimum biofuel volume for 2019.

Commencing in 2024, LNG supply to Vitol will be up to approximately 0.8 million tpy for 15 years.

Energy supply and logistics company acquires lubricant and fuels distributor.

Aggregate proceeds from the divestitures are approximately CAN$100 million.