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Released September 26, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Hurricane Ian is expected to reach the western Florida coast Wednesday, making it the first major hurricane to hit the U.S. this fall.

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Click on the image at right for a Disaster Impact Tracker map showing the projected path of Hurricane Ian.

As of Monday morning, the storm was strengthening as it moved northwest toward Cuba, bearing winds of nearly 80 miles per hour, according to the U.S. National Hurricane Center.

"On the forecast track, the center of Ian is expected to pass near or west of the Cayman Islands today, and near or over western Cuba tonight and early Tuesday. Ian will then emerge over the southeastern Gulf of Mexico on Tuesday, pass west of the Florida Keys late Tuesday, and approach the west coast of Florida on Wednesday into Thursday," the hurricane center said in a public advisory.

Based on the current path projections, Ian may be too far east to have any significant impact on most offshore U.S. oil and gas platforms in the Gulf of Mexico. However, platforms east of New Orleans, Louisiana, will be watching the situation closely and likely will be looking to only have essential personnel onboard for the next few days.

In Florida, Port Tampa Bay has changed its condition to Yankee, which means it is expecting a hurricane. The port has begun preparations and is coordinating its activities with the U.S. Coast Guard while closely monitoring the situation.

On the rail side, CSX Corporation (NASDAQ:CSX) was stockpiling supplies in key areas and was prepared to move crews into the region as soon as the hurricane passes and it is safe to begin repair work. Crews were being put together for a rapid response.

Meanwhile, Irving Oil was continuing operations at its 300,000-barrel-per-day Saint John, New Brunswick, refinery after Hurricane Fiona passed to the east of the area. Fiona hit Atlantic Canada on Saturday, but has not caused any disruption at the refinery or any other located along the Atlantic coast in the U.S. or Canada.

Visit Industrial Info's Disaster Impact Tracker often for updates on this and other active storms globally that could impact industrial assets. Click here for more information.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

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