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.
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.
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, 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.
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.