Huntsman mulls public stock offering for debt relief
Huntsman, a Salt Lake City based private group with Odessa petrochemical plant, announces a proposed initial public offering to repay debt. Spokesman says the move is in a quiet period and not a done deal, with registration expected later this year. Local investor Perry sees IPO as a way to raise funds though price negotiations loom.
MENTIONED IN THIS ARTICLE
Huntsman
Huntsman Polymers’ Petrochemical
Odessa
Salt Lake City
Olsen
SEC
Houston
Securities and Exchange Com
South Odessa
Charles Perry
Perry
Perry Gas Co
County to rebid health contract in Ector County
Ector County Commissioners Court voted 4-0 to modify bids for third party administration of the county health plan and for stop loss insurance. The change shifts from sealed bids to requests for proposals and starts Thursday. Current administrator Group Resources Inc. must submit proposals for plan administration and catastrophic coverage.
MENTIONED IN THIS ARTICLE
Ector County Commissioners Court
Group Resources Inc
Precinct 2
Greg Simmons
GRI
Monstrous Ivan Threatens U S Gulf Coast After Cuba Hit
Hurricanes Ivan, a Category 5 storm with 160 mph winds, lashed Cuba’s western tip and churned toward the U S Gulf Coast. The system killed at least 68 across the Caribbean and prompted mass evacuations from Florida to Louisiana as Fidel Castro spoke on Cuban preparations.
MENTIONED IN THIS ARTICLE
Ivan
Cuba
U.S. Gulf Coast
Pinar del Rio
Grand Cayman
Caribbean
United States
Yucatan Channel
Gulf of Mexico
U.S
Florida Panhandle
Louisiana
Gulf Coast
Fidel Castro
Pinar del Rio City
Fidel
Castro
Oil prices surge as Ivan fears roil Gulf energy outputs
Oil prices jumped over a dollar as Hurricane Ivan’s shifting path prompted evacuations of Gulf rigs by major producers. Analysts cited fear and speculative buying while noting initial supply losses were small, with futures at 43.87 a barrel and concerns over potential refinery damage in Louisiana.
MENTIONED IN THIS ARTICLE
Ivan
Washington
Gulf of Mexico
Agbeli Ameko
Enercast.com
Louisiana
The
Gulf
Also Mentioned on This Page
Jeremy Klaus
Permian Basin Fair
Iran
New York Mercantile Exchange
Cayman
Amelia
Phil Flynn
Alaron Trading Corp
Chicago
Ius
CBS
Natura
Fallujah
Baghdad
Iraq
al-Qaida
Abu Musab al-Zarqawi
Al-Zarqawi
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