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The economic reports this week were mixed with several reports coming in weaker than expected.

U.S. Chemical Production Higher In June

July 23, 2014 5:14 pm | by American Chemistry Council | News | Comments

According to the American Chemistry Council (ACC), following an upwardly revised 0.5 percent gain in May, the U.S. Chemical Production Regional Index (U.S. CPRI) continued to expand, rising by 0.3 percent in June. Chemical output was higher in all regions.

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Multi-Million Metal Research Center Heads To Detroit

July 23, 2014 5:07 pm | by Associated Press | News | Comments

The $148 million American Lightweight Materials Manufacturing Innovation Institute (ALMMII) is expected to help move cutting-edge metals from research into vehicles, planes and ships used commercially and by the U.S. military.                 

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Oil Gains On Sharp Drop In U.S. Supplies

July 23, 2014 4:54 pm | by Associated Press | News | Comments

The price of oil rose Wednesday after the government reported that U.S. oil supplies rose more than expected.                                              

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New Safety Rules Proposed To Phase Out Old Oil Trains

July 23, 2014 4:48 pm | by Associated Press | News | Comments

Thousands of older rail tank cars that carry crude oil would be phased out within two years under regulations proposed Wednesday in response to a series of fiery train crashes over the past year, including a runaway oil train that exploded in the Quebec town of Lac-Megantic, killing 47 people.

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Oil Supply Plant Fire Finally Extinguished

July 23, 2014 10:07 am | by JOSH WOOD, Associated Press | News | Comments

A massive blaze that shot fireballs into the sky at an oil supply and logistics company in a western North Dakota oil patch hub has been extinguished, according to the town's fire department.                                      

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Industrial Fire's Cause Still Unknown

July 23, 2014 10:05 am | by JOSH WOOD, Associated Press | News | Comments

More than half a day after an industrial fire broke out in the North Dakota oil patch town of Williston, authorities still were unable to say what caused the massive blaze.                          

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Dow Chemical Adjusted Profit & Revenue Rise

July 23, 2014 9:59 am | by Associated Press | News | Comments

Dow Chemical's second-quarter net income slid 62 percent as the prior-year period benefited from a $2.16 billion payment related to a scrapped joint venture.                             

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Shuttle Vertical Lift Module

July 23, 2014 9:37 am | by Nikita Ernst, Associate Editor | Product Releases | Comments

Kardex Remstar introduces a Shuttle Vertical Lift Module (VLM) with an extended the weight capacity for oil and gas operations looking to increase productivity, reduce floor space and increase profit.

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Pivoting Dock Light

July 23, 2014 9:15 am | by Nikita Ernst, Associate Editor | Larson Electronics, LLC | Product Releases | Comments

The WAL-DL-WP60E-72-1227 extendible work area dock light from Larson Electronics provides operators with a powerful and energy efficient alternative to traditional gas burning filament luminaries.

People, Processes And Problems

July 23, 2014 1:00 am | by Tom Comstock, Vice President, DELMIA Strategy & User Experience, Dassault Systèmes | Articles | Comments

One glance at your morning newspaper and you’ll find troubling news within today’s global manufacturing industry. It could be one of many things: a fire, a chemical spill, numerous workers injured or killed. In manufacturing, especially in the process industries, the smallest abnormal situation can trigger a series of events that can lead to disaster.

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The EPA's Twitter Faux Pas

July 22, 2014 4:58 pm | by DINA CAPPIELLO, Associated Press | News | Comments

The Environmental Protection Agency's fight to clean up water pollution got a splash of pop culture, thanks to an Internet flub involving reality TV star Kim Kardashian.                                        

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Flaws Found In Gas Drilling Regulation

July 22, 2014 4:51 pm | by Associated Press | News | Comments

Pennsylvania's state auditor general released a performance audit report saying the Department of Environmental Protection lacks a clear policy on the timeliness and frequency of inspections of the thousands of wells and does not routinely verify information the industry provides about waste disposal.

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Opponents Petition To Halt Vermont Pipeline Construction

July 22, 2014 4:48 pm | by Associated Press | News | Comments

Critics of a natural gas pipeline expansion in western Vermont want construction halted while state regulators review a recent 40 percent increase in the project's cost estimate.                              

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Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth

Exxon Mobil Will Follow Anti-Bias Rules

July 22, 2014 4:46 pm | by Associated Press | News | Comments

Exxon Mobil Corp. says it will comply with new protections for gay and transgender employees required of federal contractors, but isn't saying whether it will formalize that wording in its corporate policies.                    

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Lawsuit Expected After Tar Sands Oil Ban

July 22, 2014 4:42 pm | by Associated Press | News | Comments

With a potential lawsuit targeting a decision to ban tar sands oil in South Portland, the governor's energy chief said that he hopes the state can eventually have a conversation about managing the flow of petroleum products rather than having it decided locally.

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