Chemical makers stand to get a much-needed boost as an indirect recipient of the billions in government money promised in the stimulus package signed by President Obama.
ThermoEnergy Corporation ("ThermoEnergy" - OTC Bulletin Board: TMEN), and Babcock Power Inc. of Danvers, MA announce the formation of a limited liability company to be called Babcock-Thermo Carbon Capture LLC, to develop and commercialize a new and advanced carbon capture power plant design.
New Generation Biofuels To Provide Delta Chemical Corporation With Renewable Biofuel For Cleaver-Brooks Boiler TestFebruary 23, 2009 10:45 am | News | Comments
LAKE MARY, Fla., Feb. 23 /PRNewswire-FirstCall/ -- Renewable fuels provider New Generation Biofuels Holdings, Inc.
Two water plants shut for three days after a massive chemical leak in eastern China resumed operation Monday, local officials and state media confirmed.
Nova Chemicals Corp., Canada's largest plastics producer, said Monday that it has agreed to be acquired by International Petroleum Investment Co. for $6 per share, or about $499.2 million.
A subsidiary of French oil giant Total and a former factory director went on trial Monday for an explosion at a chemical plant eight years ago that killed 30 people and injured thousands.
Hydraulic systems play a critical role in press operation, enabling the transfer and concentration of enormous force to press metal into desirable shapes in very hostile environments. However, conventional hydraulic systems can be highly inefficient, and lack the precise control necessary to achieve the highest levels of quality and productivity.
Survey results would indicate that this segment has not been hit as hard as others by current economic conditions.
Although this segment has been hit hard in recent years due to natural disasters in the Gulf of Mexico and a lack of interest in building more refineries, it is still surprising to see that investments in this sector could take a pretty dramatic step backwards in 2009.
As could be expected with a general grouping like this, which includes a wider range of facilities with varying production focuses, responses show some interesting ranges.
Although this encompasses a range of facilities with varying plants, respondents seem to be unified in taking a less severe, yet cautious attitude when looking ahead to 2009 purchases.
While the processing marketplace is not immune to cutbacks, the pharmaceuticals segment offers more promise than most.
The most significant issues for this sector seem to stem from fewer capital equipment purchases being made over one year ago, and as a result, maintenance costs have increased, thereby impacting operational efficiency.
As could be expected with the changes in its business climate, this segment will not be among the most dynamic when it comes to purchasing in 2009.