Odess a refinery sale hopes rise as Americol Synpol weighs bids
Ameripol Synpol officials see a potential sale to International Specialty Polymers for Port Neches with a 1 million cash offer and debt assumption, while Odessa seeks a 2.5 million minimum. a hearing could set recommendations on proposals and several contracts remain in progress. The Odessa site may be repurposed for warehousing if rejected, as the Odessa Development Corp eyes diversification. Neil McDonald of the Odessa Chamber reports ongoing due diligence and options, including closing, reopening, or operating the facility to create jobs and capital expenditure. The chamber has marketed the site with about 600 brochures to attract warehousing tenants.
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Ameripol Synod
Odessa
Port Neches
Ameripol Synpol
International Specialty Polymers Inc
Wayne
Nut
Odessa Development Corp
ODC
Americol Synod
Neil McDonald
McDonald
Chamber
Debate over Iraq uranium claim echoes in Washington
Congress and many Democrats demand answers on who knew what and when about forged documents linking Niger to uranium sales. The dispute intertwines with the Bush administration's Iraq WMD case, Cheney, Rice, Powell, and Tenet as investigations probe misgivings and the CIA and State Department roles.
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Cigarette Wholesalers Sue Tobacco Giants Over Pricing
More than a dozen cigarette wholesalers sue Philip Morris USA and RJ Reynolds Tobacco Co. in federal court in Greeneville Tennessee alleging illegal pricing programs designed to stifle competition. Philip Morris denies discrimination, saying discounts are based on the share of company cigarettes sold, not volume.
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Philip Morris USA
RJ Reynolds Tobacco Co
Greeneville
Tenn
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Wagner Sues Sony Over Charlies Angels Profits
Robert Wagner sues Sony Pictures Entertainment claiming half of net profits from the Charlies Angels films and related merchandise. He and Natalie Wood allegedly developed five shows with Spelling-Goldberg in 1973, leading to Angels. The suit accuses Columbia and affiliates of breach and unjust enrichment. White Stripes cancel two European shows after Jack White injures a finger in Detroit auto crash.
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Los Angeles
Robert Wagner
Sony Pictures Entertainment
Superior Court
Wagner
Natalie Wood
Spelling-Goldberg Productions
Sony Entertainment
Columbia Pictures Industries
Charlie’s Angels
Sam Pryor
IEA warns of rough ride for oil market in 2004
The IEA predicts independent producers in Africa and the former Soviet Union will outpace global demand next year, pressuring OPEC to cut output to avoid price declines. Iraq’s exports rise slowly due to looting, while Venezuela and Nigeria cut output. Demand may grow 1.0 mbd while non-OPEC supply climbs 1.74 mbd, risking a supply glut.
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London
Africa
Soviet Union
OPEC
International Energy Agency
Iraq
Venezuela
Nigeria
Paris
IEA
United States
China
Russia
Kazakhstan
Angola
Freedom Communications halts plan as bidders emerge
Freedom Communications faces potential sales of its media group including the Odessa American. The company has 26 expressions of interest and will narrow contenders, with presentations starting next week and a final shareholder vote possible in September. Bidder mix includes Gannett and investment groups.
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Los Angeles
Freedom Communications
Odessa American
Freedom
Register
Irvine
Gannett Co. Inc
USA Today
R.C. Hoiles
Odessa American Classifieds Note On Submissions And Subscriptions
Classified ad specifics and subscription rates are detailed for the Odessa American. Contact information for ad placement and advertising staff is listed, along with publication hours and delivery rates for various durations.
Transportation aid corrected by Odessa Center
The Northside Senior Citizens Center offers free rides to handicapped people and seniors to stores and medical appointments. People under 60 are charged 50 cents one way. The Odessa American states the correction and regrets the error.
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Northside Senior Citizens Center
Odessa American
Northside Center
Susan Crenshaw
Tacky Rights Trigger Trout Stocking Row in California
California proposed a 400000 cut ending free trout stocking in 10 Los Angeles County lakes provoked anger from local fishermen who urged the Board of Supervisors to reverse the plan. In Boston, Mayor Menino removing free golf privileges for 15 ministers drew criticism from Rev. James Allen who framed it as a racial issue.
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Los Angeles
County Board of Supervisors
Boston
Thomas Menino
James Allen
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