Advertisement
Business
Subscribe to Business

The Lead

As Global Plastic Production Rises, Recycling Efforts Fall Behind

January 29, 2015 4:47 pm | by Meagan Parrish, Editor, Chem.Info | Articles | Comments

While plastics boast numerous social benefits, such extending the shelf life of food and reducing waste, efforts to keep it from impacting the environment have failed to keep pace with its use. It’s estimated that in the U.S., only 9 percent of post-consumer plastic was recycled in 2012...

Pine Chemicals as an Engine for Economic Growth and Sustainability

January 29, 2015 2:49 pm | by Charles Morris | Blogs | Comments

Companies are looking for value-added innovations, reduced environmental impact and ways to set...

Shell to Slash Investment After Oil Price Drop Hurts Profit

January 29, 2015 10:41 am | by DANICA KIRKA, Associated Press | News | Comments

In a sign of the impact on the oil sector of the slump in energy prices, Royal Dutch Shell Plc...

10 Resolutions For Building a Better B2B Supply Chain Operating Network in The Process Industries

January 28, 2015 4:31 pm | by Ed Rusch, vice president of Corporate Marketing at Elemica | Blogs | Comments

The inter-connectedness, expansive footprints, and co-dependency within the process industries,...

View Sample

FREE Email Newsletter

Education, Bias-Breaking Keys to Women's Rise in Supply Chain

January 27, 2015 2:38 pm | by Mike Hockett, Associate Editor, Industrial Distribution | Articles | Comments

Corrie Banks and Kleo Landucci, executives at logistics services providing companies, can’t stress enough how they’d like to see fellow females continue to enter the supply chain workforce and break the stereotype of it being “a man’s world.”

Supreme Court Rejects Lifetime Health Benefits For Chem Plant Employees

January 27, 2015 2:31 pm | by Andy Szal, Chem.info | News | Comments

The unanimous ruling from the high court represents a victory for M&G Polymers USA, which first sought to require retiree contributions to health coverage in 2006 after purchasing the plant six years earlier. It also tightens the standard for collective bargaining agreements that do not specify terms for lifetime benefits.

DuPont Profit Rises, But Strong Dollar Cuts Into Sales

January 27, 2015 2:18 pm | by RANDALL CHASE, AP Business Writer | News | Comments

Changes to DuPont's portfolio and improved productivity boosted fourth-quarter earnings and helped to offset the negative impact of a stronger dollar. The company, based in Wilmington, Delaware, boosted its estimated costs savings from operational redesigns by $300 million, to at least $1.3 billion by 2017.

Advertisement

ACC's Weekly Economic Report Shows Increases Compared to a Year Ago

January 26, 2015 5:06 pm | by Andy Szal, Chem.info | News | Comments

Domestic chemical production last month was up compared to the end of 2013 as indicators continue to show a healthy chemical market, according to the American Chemistry Council. Recent ACC analysis shows that chemical output in December was up 5.2 percent over December 2013, with increases reported in each of the seven geographical regions tracked by the industry group.

Cancellation of $6.5B Petrochemical Project in Qatar Changes Outlook For MEG Market

January 26, 2015 11:52 am | by Tison Keel, director, global EO& Derivatives, IHS Chemical | Articles | Comments

Royal Dutch Shell and Qatar Petroleum’s (QP) joint announcement last week that they have cancelled their planned $6.5 billion Qatari petrochemical project, called Al-Karaana, which will significantly change the global supply and demand balances for mono-ethylene glycol (MEG) and polyethylene terephthalate (PET) resins.

Policing The Patch: It's 'Not Mayberry Anymore'

January 26, 2015 9:55 am | by SHARON COHEN, AP National Writer | Articles | Comments

Police chief Art Walgren knew how much the oil boom had changed this once-sleepy town when he spotted something that would have been unheard of not long ago: license plates from Sinaloa, Mexico, home to one of the world's most violent drug cartels.

1 Year After Explosion, Biofuels Plant Has Permits to Reopen

January 26, 2015 9:26 am | by Northeast Mississippi Daily Journal;Tupel, Miss. | News | Comments

A year after an explosion ripped apart the JNS Biofuel plant, the rebuilt plant in New Albany has all the permits it needs to reopen. However, state and local officials don't know when that will happen. TJN Biofuel LLC's president and owner, Steve Bolin, has not given official notice yet.

MeadWestvaco, Rock-Tenn Join to Form $16B Packaging Behemoth

January 26, 2015 9:13 am | by Associated Press | News | Comments

The company, which had not been named as of Monday, will have combined sales of $15.7 billion and its board will include eight directors from Rock-Tenn and six directors from MeadWestvaco. Shares of both companies hit all-time highs late last week.

Advertisement

Report: Manufacturing Wages Significantly Higher Than Comparable Workers

January 23, 2015 3:39 pm | by Andy Szal, Chem.info | News | Comments

In the analysis from D.C.-based liberal think tank the Economic Policy Institute, author Robert E. Scott tabs the wage premium for manufacturing jobs at $1.78 per hour, calling the industry "a particularly important provider of jobs with good wages for workers without a college degree."

Sea-Land Chemical Co. Celebrates 50th Anniversary

January 23, 2015 3:19 pm | by Sea-Land Chemical Co. | News | Comments

Sea-Land Chemical Co. is celebrating its 50th anniversary. A supplier of chemicals to the lubricants industry, Sea-Land has grown into an international, employee-owned specialty chemical distributor. Today, the firm has clients on three continents and over $100 million in annual revenue.

Gas Drilling Watchdog Group Settles Suit Over Terror Listing

January 23, 2015 9:27 am | by Associated Press | News | Comments

A gas drilling watchdog group that says it was characterized in Pennsylvania security bulletins as a potential terror threat has settled its lawsuit against the state. The settlement terms between Pennsylvania and the Gas Drilling Awareness Coalition haven't been released.

Ex-Freedom Industries President Faces New Fraud Charge

January 22, 2015 4:49 pm | by PAM RAMSEY, Associated Press Writer | News | Comments

A federal grand jury in Beckley handed up a superseding indictment on Wednesday against former Freedom President Gary Southern and three other former executives. The indictment charges Southern with a new count of fraud by interstate commercial carrier and restates the original indictment's charges against him and the others.

Hardide Invests $7 Million in New Virginia Plant

January 22, 2015 9:25 am | by Hardide Coatings | News | Comments

The 26,000 square foot facility in Martinsville, Henry County, is planned to be operational in the fourth quarter of 2015. The company produces a patented range of hard wearing coatings which significantly increase the life of critical metal parts operating in abrasive, erosive, corrosive and chemically aggressive environments.

Advertisement

Energy Companies Announce Thousands Of Layoffs

January 21, 2015 4:03 pm | by Andy Szal, Chem.info | News | Comments

The continued decline in the prices of crude oil is wreaking havoc in the oilfield services sector, where three industry giants have announced thousands of job cuts in recent days. Projections for 2015 suggest the number of oil rigs operating on U.S. soil could fall dramatically as prices for crude oil remain low.

Obama: US Must Aim Higher Than Keystone on Infrastructure

January 21, 2015 10:02 am | by Associated Press | News | Comments

President Barack Obama says the U.S. should aim higher than one single pipeline as it works to modernize its infrastructure. Obama wasn't referencing the Keystone XL pipeline by name in his State of the Union address. But he alluded to it by asking Congress to look beyond just one oil pipeline.

Skills Gap Predictions For 2015: Rising Wages And More Training

January 21, 2015 9:29 am | by Bridget Bergin, Associate Editor, Manufacturing.net | Blogs | Comments

While the economy is in the process of recovering from the recent recession, it is essential that the manufacturing sector continues to grow stronger. Eighty-three percent of companies indicated a moderate to serious shortage of skilled production workers and 69 percent of companies expect this shortage to worsen over the next three to five years.

Arson Trial Begins For Omaha Man Over 2008 Fire at His Plant

January 21, 2015 9:16 am | by Associated Press | News | Comments

Prosecutors say 52-year-old Thomas Schropp was in financial trouble and hoped to gain around $4 million in insurance proceeds for the destruction of his PK Manufacturing plant. It burned down on Nov. 20, 2008. The Omaha World-Herald says the trial began Tuesday.

New Rules Could Open Cuba to Wide Range of American Trade

January 20, 2015 3:28 pm | by Andy Szal, Chem.info | News | Comments

The Obama administration's new guidelines regarding relations with Cuba have taken effect, potentially opening the Caribbean nation to a wide range of American products. Analysts warn, however, that companies looking to expand into Cuba should proceed with caution after more than five decades of separation between the two countries.

Oilfield Services Giant Bolsters Presence in Russia Amid Layoffs

January 20, 2015 3:00 pm | by Andy Szal, Chem.info | News | Comments

Just days after announcing job cuts citing uncertainty in the global oil industry, Schlumberger Ltd. announced a deal to purchase a minority stake in one of Russia's leading energy companies. Analysts largely lauded the deal, which further links companies that have worked together since 2011 and signals Schlumberger's intent to grow in the region.

Report Says TTIP Would Undermine Toxic Pesticide Regulations

January 20, 2015 10:50 am | by Meagan Parrish, Editor, Chem.info | Articles | Comments

Many Europeans have voiced concerns that the new agreement will lower the EU’s standards for environmental and food safety, and a new report by the Center for International Environmental Law takes aim at just that — saying that proposals for TTIP could translate into more pesticides making their way into EU food markets.

President Will Push For Paid Sick Leave

January 16, 2015 4:39 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

Ahead of his State of the Union speech Tuesday, President Obama has announced that he will call on Congress to require companies to give workers up to seven days of paid sick leave a year. The initiative will be known as the Healthy Americans Act and will affect all companies with 15 or more employees.

Novartis to Close Manufacturing Plant in Puerto Rico by 2019

January 16, 2015 3:42 pm | by Associated Press | News | Comments

Puerto Rico is still considered one of the world's leading centers for pharmaceutical manufacturing, but the sector has been shrinking. The U.S. territory has been offering incentives for manufacturing plants to expand and is pushing to diversify its manufacturing base by seeking aerospace and information technology companies.

Monsanto Gets US Approval For New GMO Seeds

January 16, 2015 9:23 am | by Associated Press | News | Comments

Agriculture business giant Monsanto Co. said Thursday it received approval from the Department of Agriculture for new cotton and soybean seeds designed to be used with a new herbicide formula. Monsanto's business is built on genetically modified seeds and herbicide.

The Myth Of America's Manufacturing Renaissance: Q&A With Adams Nager

January 14, 2015 5:01 pm | by Bridget Bergin, Associate Editor, Manufacturing.net | Articles | Comments

According to Nager's January 2015 report, "It is easy to get the impression that American manufacturing has entered a new and exciting period of revival. Many in the media, along with consulting firms and economists, now tout the term 'manufacturing renaissance' to describe this so-called revival...If only that were true." 

Manufacturing Job Growth up in 2014

January 12, 2015 10:01 am | by Andy Szal, Chem.info | News | Comments

Manufacturing job growth increased dramatically in 2014 compared to the previous year, according to numbers from the federal Labor Department released Friday. The report from the Bureau of Labor Statistics showed the manufacturing sector added an average of 16,000 jobs per month last year, compared to gains of 7,000 jobs per month for 2013.

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading