Pioneer Announces That Its Louisiana Chlor-Alkali Plant Will Resume Production
31 Agosto 2005 - 4:15PM
PR Newswire (US)
HOUSTON, Aug. 31 /PRNewswire-FirstCall/ -- Pioneer Companies, Inc.
(NASDAQ:PONR) today reported that the chlor-alkali plant at St.
Gabriel, Louisiana that is owned and operated by its subsidiary,
Pioneer Americas LLC, was spared any significant damage from the
effects of Hurricane Katrina. The plant, which is on the
Mississippi River a few miles south of Baton Rouge, was shut down
on August 28 in anticipation of the storm. Initial indications are
that barge traffic on the river has resumed, and some of the rail
transportation necessary for the movement of product remains
uncertain. The St. Gabriel plant will be restarted as soon as
Pioneer's customers are ready to resume their operations and
transportation means are available. At this time, we anticipate
that it will occur on or about September 4. Michael Y. McGovern,
Pioneer's President and Chief Executive Officer, stated, "The
dedication and efforts of our St. Gabriel team will enable us to
move quickly to restore the production of chlorine and caustic soda
at the plant. Those products will be essential in helping to
rebuild the Gulf Coast area." Pioneer, based in Houston,
manufactures chlorine, caustic soda, bleach, hydrochloric acid and
related products used in a variety of applications, including water
treatment, plastics, pulp and paper, detergents, agricultural
chemicals, pharmaceuticals and medical disinfectants. Pioneer owns
and operates four chlor-alkali plants as well as other downstream
manufacturing facilities in North America. Certain statements in
this news release are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act. Forward-
looking statements relate to matters that are not historical facts.
Such statements involve risks and uncertainties. Actual outcomes
may vary materially from those indicated by the forward-looking
statements. DATASOURCE: Pioneer Companies, Inc. CONTACT: Gary
Pittman of Pioneer Companies, Inc., +1-713-570-3200 Web site:
http://www.piona.com/
Copyright
Pioneer (NASDAQ:PONR)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Pioneer (NASDAQ:PONR)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024
Notícias em tempo-real sobre Pioneer Companies New 2/02 (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Pioneer Companies New (MM)