Williams Partners considering sale of Geismar olefins plant

摘要

Williams Partners (Tulsa, Oklahoma) is looking at ways to monetize its share of the Geismar, Louisiana, olefins plant and complex, according to a statement issued on 6 September. Williams Partners says the options include sale or a long-term, fee-for-service tolling agreement. The proceeds of a sale would be used to reduce debt and to help fund planned equity issuances.