Motiva to Acquire Flint Hills Port Arthur Cracker
Saudi Aramco’s US subsidiary Motiva Enterprises has agreed to buy Flint Hills Resources’ cracker and related chemical assets at Port Arthur, Texas, USA. Financial terms were not disclosed. The deal is expected to close in the fourth quarter of 2019. The cracker has a capacity of around 700,000 tonnes/year for ethylene and around 300,000 tonnes/year … Read more