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Airgas Profit Rises 4.9%

July 24, 2014 2:40 pm | by Associated Press | News | Comments

The Radnor, Pennsylvania-based company said profit increased to $88.9 million, or $1.18 per share, from $84.7 million, or $1.14 per share, in the same quarter a year earlier.                   

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Oil Train Derails In Seattle

July 24, 2014 2:36 pm | by Associated Press | News | Comments

Nothing spilled when three tanker cars in an oil train from North Dakota derailed at a rail yard, but it alarmed environmentalists.                                      

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Noble Energy Profit Falls Almost 50%

July 24, 2014 2:33 pm | by Associated Press | News | Comments

Noble Energy Inc. (NBL) reported earnings that decreased by 49 percent in its second quarter and beat analysts' expectations.                                     

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China and Russia To Lead Global Polypropylene Capacity Additions By 2018

July 24, 2014 2:27 pm | by GlobalData | News | Comments

Global polypropylene capacity increased at a Compound Annual Growth Rate (CAGR) of 5.2% from 2003, reaching 65 million tons per year (mmty) in 2013, and is expected to continue rising to 86 mmty by 2018, at a slightly higher CAGR of 5.8%, according to research and consulting firm GlobalData.

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Oil/Water Separation Technology

July 24, 2014 2:20 pm | Product Releases | Comments

Check out how and why manufacturers need to separate oil from water before disposal.

High Bay LED

July 24, 2014 1:43 pm | by Nikita Ernst, Associate Editor | Product Releases | Comments

Dialight announces the launch of its high-output LED Vigilant High Bay offering a viable replacement for costly and inefficient 1,000W traditional HID high-output fixtures.

3M Q2 Profit Rises

July 24, 2014 9:59 am | by Associated Press | News | Comments

The maker of Post-it notes, industrial coatings and ceramics posted net income of $1.27 billion, or $1.91 per share, in the quarter ending June 30, compared with $1.2 billion, or $1.71 per share, in the same quarter a year ago.                    

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U.S. Refineries Running At Record Levels

July 24, 2014 9:55 am | by U.S. Energy Information Administration | News | Comments

Last year was the third year in a row that North American refineries showed considerably higher profitability than European refineries as measured by earnings per barrel processed.                           

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Breitburn Buys QR Energy For $1.46B

July 24, 2014 9:44 am | by Associated Press | News | Comments

QR unitholders will receive approximately 72 million common units of Breitburn Energy Partners LP, or 0.9856 of a Breitburn unit, for each unit of QR Energy that they own. The consideration to be received by QR unitholders is valued at $22.48 per unit, a 19 percent premium to Wednesday's closing price of $18.87.

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Slow Emergency Response Raises Safety Concerns In The Oil Fields

July 24, 2014 9:43 am | by JOSH WOOD, Associated Press | News | Comments

A more efficient system must be established to alert residents of danger in North Dakota's booming oil patch, an emergency manager and residents said, after authorities failed to alert the public for more than six hours when a facility storing toxic chemicals exploded. 

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Mobile Distribution System

July 24, 2014 9:34 am | by Nikita Ernst, Associate Editor | Larson Electronics, LLC | Product Releases | Comments

The MDC-240-100MB-8X120 temporary power distribution system provides a safe and reliable way for operators in industrial settings to tap into and utilize power sources independently of the work area.

Flexible Miniature Force Transducers

July 24, 2014 9:23 am | by Nikita Ernst, Associate Editor | Product Releases | Comments

HBM, Inc. has introduced the U9C and C9C lines of flexible miniature force transducers. 

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

Economic Expansion Tempered By Uncertainty

July 24, 2014 1:00 am | by American Chemistry Council | Articles | Comments

The Chemical Activity Barometer (CAB posted a 0.4 percent increase over June, as measured on a three-month moving average (3MMA). Uncertainty in global energy markets kept the non-adjusted barometer at a slow 0.1 percent gain in June, but provisional data suggest there is room for further expansion in coming months. 

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Combating The Talent Gap With Targeted Training

July 24, 2014 1:00 am | by Jeannine Kunz, Managing Director of Workforce and Education, SME | Articles | Comments

The demand for skilled workers has never been higher as manufacturers struggle to find the talented workforce needed to fill jobs currently available. To combat the talent gap and build a high-performance team, some are increasingly turning to competency models – a structured system to develop the needed knowledge, skills and abilities for specific jobs.  

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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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