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Stock Market & Financial Investment News

News Breaks
March 18, 2013
09:04 EDTWMB, HONWilliams to build and operate PDH facility in Alberta, Canada
Williams (WMB) announced that it has sanctioned construction of a propane dehydrogenation, or PDH, facility in Alberta, Canada. The new PDH facility, the first and only in Canada, will allow Williams to significantly increase production of polymer-grade propylene from its Canadian operations. Williams is the only company in Canada currently producing polymer-grade propylene, a valuable petrochemical feedstock used in plastics manufacturing. The company estimates capital expenditures of up to C$900M to be funded with expected cash flow from its Canadian operation and international cash on hand. Pending appropriate permitting approvals, the PDH facility is scheduled to go into service in the second quarter of 2016. Williams has selected Honeywell’s (HON) UOP as the vendor to provide the UOP Oleflex process technology for the dehydrogenation process.
News For WMB;HON From The Last 14 Days
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August 31, 2014
14:07 EDTHONVertical Research Partners to hold a conference
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13:37 EDTHONCowen to hold a conference
7th Annual Global Transportation Conference & Aerospace/Defense Forum to be held in Boston on September 3-4.
August 26, 2014
08:32 EDTWMBWilliams announces open season for Transco Pipeline's Diamond East project
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August 21, 2014
16:16 EDTWMBWilliams confirms 32% Q3 dividend raise, dividend-growth guidance
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August 19, 2014
09:07 EDTHONHoneywell company UOP selected by BW Offshore
UOP, a Honeywell company, announced that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading, or FPSO, vessel off the coast of Scotland. The vessel, which will be leased to Premier Oil, will include a UOP Separex Membrane System to remove carbon dioxide.

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