-Phillips 66 said its new 100,000-barrel-per-day fractionator in Sweeny, Texas, is 90% complete and is set to start up this fall. The company also said its new 150,000-barrel-per-day Freeport, Texas, LPG export terminal is nearly halfway complete. The terminal is expected to start up in the second half of 2016.
Meanwhile, a small fire was extinguished at Phillips 66’s Rodeo, California, refinery this afternoon. No injuries were reported.
-A third-party barge tankerman working near Valero’s Port Arthur, Texas, refinery was injured after falling 20 feet into the water. Via the Port Arthur News, the worker was airlifted from the scene of the incident.
-Dow Chemical completed the sale of specialty chemical business AgroFresh to Boulevard Acquisition Corp. for more than $900 million. Dow said it would exceed its goal of divesting at least $7 billion in global assets when it completes the upcoming spin-off of Dow Chlorine Products, which will be merged with Olin Corp.
-NextEra Energy Partners agreed to buy NET Midstream for $2.1 billion — a deal that would give NextEra seven natural gas pipelines in Texas.
-Renewable Energy Group (REG) entered an agreement to buy a 100-million-gallon biodiesel refinery and a deepwater port terminal in Washington from Imperium Renewables. Iowa-based REG currently has 10 active biorefineries in the U.S.
