Arcanum Infrastructure, LLC Strengthens Leadership and Growth Strategy with New Board change
HOUSTON, June 18, 2021 /PRNewswire/ -- Arcanum Infrastructure, LLC is pleased to announce the appointment of John Dearborn as a new director on its Board. Kevin Clement, who served a Director since 2016, expands his role as Chair of the Board. The changes continue to bring senior leadership, expertise, vision, and strategy to further support the company's growth.
Arcanum (Raven) Announces Butene-1 Expansion Plans
HOUSTON, Jan. 9, 2018 /PRNewswire/ -- Arcanum (the Company) today announced plans for expansion of its Butene-1 production complex. The Company’s flagship project, Raven, an on-purpose Ethylene-to-Butene-1 processing facility, is currently under construction in Baytown, Texas. Permitting and other development efforts are now underway which would enable two more on-purpose Butene-1 production facilities to be sited at the same location.
Raven celebrates groundbreaking and announces the appointment of Kevin C. Clement to the Board of Managers
BAYTOWN, Texas, April 28, 2017 /PRNewswire/ -- Raven Holding Company, LLC (the Company) held a groundbreaking ceremony yesterday to commemorate the start of construction of "Raven", an on-purpose Ethylene-to-Butene-1 processing facility.
Partners Group invests in construction of state-of-the-art midstream energy infrastructure asset in Baytown, Texas
Partners Group, the global private markets investment manager, has invested in the construction of Raven, a midstream processing facility to be located in Baytown, Texas, on behalf of its clients. Partners Group has invested 50% of the equity in the construction project as the lead independent investor, with the remainder provided by Quanta Capital Solutions, Inc. and institutional investors. Site preparation activities have already begun, with the completion of construction and start of commercial operations currently scheduled for 2018.
Raven On-Purpose Butene-1 Facility Announces Capital Commitments and EPC Contract
HOUSTON, Nov. 16, 2016 /PRNewswire/ -- SBE Chemical Partners I LLC (the Company), the owner of "Raven", an on-purpose Ethylene-to-Butene-1 processing facility to be located in Baytown, Texas, today announced the execution of definitive agreements for all capital commitments, subject to certain conditions, necessary for the construction of the facility. Additionally, the Company has entered into an engineering, procurement, and construction (EPC) contract for the project. Engineering and site preparation activities have begun, and Raven's commercial operations are currently expected to commence in 2018.