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Dow to Sell Infrastructure at Chemical Sites in Germany

Image courtesy of Dow Reuters reported that the chemical firm is selling infrastructure and services assets at several of its chemical plants in Germany. Chemicals giant Dow is preparing to part ways with infrastructure related to its chemical plants in Germany, Reuters reported Thursday. Unnamed sources told the news organization that the company intends to sell the assets for about €800 million, or about $966 million. The sale would include infrastructure and services at petrochemical sites in Stade, Schkopau, and Boehlen, a company spokesperson commented to Reuters. If a deal materializes, Dow will continue to manufacture plastics and intermediates at the locations, while paying usage fees to the new owners of the divested assets.

United statesSachsen anhaltWatco companiesNorth americanஒன்றுபட்டது மாநிலங்களில்சாச்சேன் அன்ஹால்ட்வாட்கோ நிறுவனங்கள்வடக்கு அமெரிக்கன்

TrinityRail Launches Trinsight Railcar Tracking

February 02, 2021 TrinityRail Launches Trinsight Railcar Tracking Written by Marybeth Luczak, Executive Editor TrinityRail is offering its customers real-time railcar tracking, and has acquired a tank car cleaning company to expand Maintenance Services. TrinityRail has introduced Trinsight™ tracking to provide shippers with railcar and cargo location, condition and status information in real time. The company also reported that its Maintenance Services division has acquired Bay Worx Rail, a Texas-based tank car cleaning business. Trinsight™ will take data from TrinityRail’s 132,000 owned and managed railcars and provide it to customers through a proprietary user interface. They can access location and asset status, including GPS, track and trace, weather overlay, geo-fencing, customizable triggers and alerts, and Car Location Message (CLM) data, as well as impact and movement detection, according to TrinityRail. Customers

United statesGregg mitchellNorfolk southernWatco companiesMaintenance servicesRail launches trinsight railcar tracking writtenBay worx railCar location messageTheir railpulseNorth americanVice presidentChief commercial officer gregg mitchellஒன்றுபட்டது மாநிலங்களில்க்ரெக் மிட்செல்நார்ஃபோக் தெற்குவாட்கோ நிறுவனங்கள்

Watco Companies Announces Private Add-On Offering Of Senior Unsecured Notes

Share this article Share this article PITTSBURG, Kan., Jan. 20, 2021 /PRNewswire/ Watco Companies, L.L.C. and its wholly-owned subsidiary, Watco Finance Corp. (collectively, Watco ), today announced that Watco intends to commence a private add-on offering (the Add-On Offering ) of $100 million aggregate principal amount of its 6.500% senior unsecured notes due 2027 (the Additional Notes ). The Additional Notes will be issued under the existing indenture under which Watco previously issued $500 million aggregate principal amount of its 6.500% senior unsecured notes due 2027 (the Existing Notes ). Other than with respect to the date of issuance and the offering price, the Additional Notes will have the same terms as the Existing Notes, and the Additional Notes and the Existing Notes will be treated as a single class for all purposes under the indenture. The Additional Notes initially resold by the initial purchasers in reliance on Rule 144A will have the same CUSIP number

United statesWatco finance corpPrnewswire watco companiesWatco companiesWatco financeAdditional notesExisting notesAdd on offeringSecurities actஒன்றுபட்டது மாநிலங்களில்வாட்கோ நிதி கார்ப்வாட்கோ நிறுவனங்கள்வாட்கோ நிதிஇருக்கும் குறிப்புகள்பத்திரங்கள் நாடகம்

Watco Companies Announces Pricing Of Previously Announced Private Add-on Offering Of Senior Unsecured Notes

Watco Companies Announces Pricing Of Previously Announced Private Add-on Offering Of Senior Unsecured Notes
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Watco companiesAdditional notesWatco finance corpInitial purchasersCusip numberவாட்கோ நிறுவனங்கள்வாட்கோ நிதி கார்ப்

Creel, Farmer Headline MARS Virtual Winter Meeting

“Having two rail industry leaders in Ms. Farmer and Mr. Creel as well as an excellent line-up of freight rail experts and advisors makes our Winter Meeting a can’t-miss event,” said MARS President Stefan Loeb, who is Executive Vice President and Chief Commercial Officer of Watco Companies. “We reviewed evaluations from recent meetings to determine the speakers and topics that were of highest interest and have put together a value-packed meeting for attendees.” The Jan. 20 meeting will run from 1–5:15 p.m. CST (2–6:15 p.m. EST). Register by Friday, Jan. 15.

United statesStefan loebTimothy quinlanKeith creelPaul tittertonMidwest association of rail shippersWatco companiesRailway ageFarmer headlineWinter meeting writtenMidwest associationRail shippersCanadian pacific presidentKathryn farmerWells fargo corporateInvestment banking managing director