Williams Geismar Olefins facility - click for larger version
Williams, because of evil corporate raiders like Keith "Mini-Me" Meister, continues to be in a fight for its very existence (see Corvex Raider Launches Hostile Takeover Attempt of Williams). In an effort to shore up the company--make it stronger AND produce cash that can be used for various purposes--Williams announced in August they are selling their Canadian assets for $1 billion (see Bold Move – Williams Selling Canadian Assets). Yesterday the company announced another potential asset sale--the company's 88.5% ownership interest in the Geismar, Louisiana olefins petrochemical plant...
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