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Saudi King Vows Development, Stability Despite Low Oil Price

March 11, 2015 10:18 am | by ABDULLAH AL-SHIHRI and AYA BATRAWY, Associated Press | News | Comments

Salman, 79, said the kingdom would continue oil and gas exploration, despite crude prices being nearly half of what they were last summer. In an acknowledgement of the kingdom's burgeoning young population, he urged businesses to help create jobs, calling it a national duty.

Seattle Mayor, Council Seek Review of Shell Drilling Fleet

March 10, 2015 11:33 am | by PHUONG LE, Associated Press | News | Comments

City officials said Monday they want to review whether current permits allow Royal Dutch Shell PLC to lease port property along the Seattle waterfront for its Arctic oil drilling fleet.

Lawmakers Move to Halt New Jersey's $225M Exxon Settlement

March 10, 2015 10:23 am | by GEOFF MULVIHILL, Associated Press | News | Comments

A New Jersey legislative committee advanced a resolution on Monday calling for the rejection of a deal Gov. Chris Christie's administration announced last week to settle a decade-old lawsuit against Exxon Mobil for $225 million, a fraction of what the state previously sought for environmental damage from the oil company.

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Miss. Power Says it Has Started Gasifier at Kemper Plant

March 9, 2015 4:43 pm | by JEFF AMY, Associated Press | News | Comments

It's another step by the unit of the Atlanta-based Southern Co. toward moving the $6.2 billion plant to being fully operational by the end of June 2016.

Report: Reshoring to Boost Industrial Construction in 2015

March 6, 2015 2:48 pm | by Andy Szal, Digital Reporter | News | Comments

The Georgia-based group's quarterly forecast suggested lower domestic energy prices and declining overseas competitive advantages make the U.S. "an attractive destination for high value-added manufacturing."

BP signs $12B deal to develop Egypt gas field

March 6, 2015 2:07 pm | by The Associated Press | News | Comments

BP said in a statement that the investment is "a vote of confidence in Egypt's investment climate."

3 Arguments Against Lifting The Crude Ban — That Are Still (Mostly) Bogus

March 6, 2015 9:54 am | by Meagan Parrish, Editor, Chem.Info | Blogs | Comments

With tanks of oil piling up in the U.S., the drumbeat for lifting the crude export ban has been getting louder — but many in Congress are still reluctant to let the ban go. Here are some of the arguments in support of keeping the ban and how they stack up against the facts.

Cost of Iowa Fertilizer Plant Climbs to More Than $2 Billion

March 5, 2015 3:38 pm | by Sioux City Journal | News | Comments

The new plant is projected to triple the company's production of ammonia, a key component of nitrogen-based fertilizer, and help to grow urea and urea-ammonium nitrate production, CF Industries officials said.

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Low Oil Prices Are Here to Stay

March 5, 2015 2:59 pm | by Maura Falk, Associate Editor, Industrial Maintenance & Plant Operations | Videos | Comments

The CEOs of both ExxonMobile and BP say low prices will hang around for another year or two — which isn't great news for everyone. 

Unions Lobby Against Giving Obama Trade Authority

March 5, 2015 10:18 am | by Andy Szal, Digital Reporter | News | Comments

Amid ongoing talks over trade pacts with Pacific Rim nations and Europe, the White House sought Trade Promotion Authority, which would require Congress to consider proposed trade agreements without amendments.

Minnesota Republican Knocks Wisconsin Right-To-Work Proposal

March 5, 2015 9:54 am | by Andy Szal, Digital Reporter | News | Comments

Despite widespread support in Wisconsin's Republican-controlled Legislature and the endorsement of right-to-work by the national GOP, one Minnesota Republican harshly criticized the proposed law and invited affected companies to consider moving across the Mississippi River

Dow's Next Big Move — A $6 Billion Manufacturing Expansion

March 5, 2015 9:32 am | by Andy Szal, Digital Reporter | News | Comments

Dow has increased production of ethylene, propylene and derivatives for the packaging industry. The plans will expand the Gulf Coast facilities by 40 percent.

Fallout From Formaldehyde Scandal Continues For Lumber Liquidators

March 5, 2015 9:21 am | by Meagan Parrish, Editor, Chem.Info | News | Comments

A lawmaker is calling for an investigation while the company's stocks have tumbled and they've bowed out of several public appearances. 

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Auto Industry, Batteries Expected To Bolster Graphite Market

March 4, 2015 2:33 pm | by Andy Szal, Digital Reporter | News | Comments

A newly released report expects auto production and lithium-ion batteries to bolster the U.S. graphite market by nearly 30 percent by 2020.

McDonald's to Switch to Chicken Raised Without Antibiotics

March 4, 2015 2:27 pm | by The Associated Press | News | Comments

The announcement comes as the fast-food giant struggles to shake its junk-food image amid intensifying competition from smaller rivals positioning themselves as more wholesome alternatives.

Nuclear Company Areva in Turmoil After Billions in Losses

March 4, 2015 10:32 am | by The Associated Press | News | Comments

Nuclear manufacturer Areva has announced a 4.8 billion euro loss for 2014, more than its entire market value, plunging the powerful French nuclear industry into turmoil.

Chemical Industry Group Launches Defense Of BPA

March 3, 2015 3:32 pm | by Andy Szal, Digital Reporter | News | Comments

The American Chemistry Council announced an ad campaign highlighting recent evaluations of bisphenol A as "safe."

US Manufacturing Slows as Output And Hiring Weaken

March 2, 2015 4:08 pm | by CHRISTOPHER S. RUGABER, AP Economics Writer | News | Comments

U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly.

Gas Prices Lead to 'Positive Near-Term Economic Outlook'

March 2, 2015 10:53 am | by Andy Szal, Digital Reporter | News | Comments

The MAPI Foundation's latest quarterly economic forecast predicted the cost per barrel of imported crude oil to average less than $50 this year, down dramatically compared to the $80 per barrel forecast in the group's November report.

South Korea Renews License of 2nd-Oldest Nuclear Plant

February 27, 2015 1:40 pm | by YOUKYUNG LEE, AP Business Writer | News | Comments

The South Korean nuclear regulator said Friday it renewed the operating license of the country's second-oldest nuclear power plant until 2022, overriding the objections of residents and anti-nuclear groups.

Baton Rouge-Area Industries Expect to Maintain Employment

February 27, 2015 1:37 pm | by The Advocate; Baton Rouge, Louisiana | News | Comments

The Advocate reports the group represents more than 57 petrochemical, energy, paper, pharmaceutical, pipeline, storage terminal and other industrial facilities in the eight parishes surrounding Baton Rouge.

What's Going On With The Labor Unions Of Today?

February 27, 2015 1:21 pm | by Maura Falk, Associate Editor, Industrial Maintenance & Operations | Blogs | Comments

Here's a list of some of the key advantages and disadvantages associated with union membership in today’s society.

President Barack Obama is satisfying a year-old pledge by announcing the creation of two Pentagon-led institutes that will combine public and private resources to foster manufacturing innovation.

Obama Talks Oil-Train Safety in Oregon Television Interview

February 27, 2015 9:24 am | by The Associated Press | News | Comments

President Barack Obama said the federal government plans to strengthen regulations regarding oil train safety.

Biotech Startup Uses Savvy Software to Engineer Microbes For Specialty Chemicals

February 26, 2015 5:45 pm | by Meagan Parrish, Editor, Chem.Info | News | Comments

A small startup biotech firm says it has a software platform that can come up with 100 times more chemicals from microbes than were previously thought.

How Much Money Is Tied Up In Your Inventory?

February 26, 2015 5:10 pm | by Chem.Info | Videos | Comments

If there’s one thing the Great Recession taught manufacturers, it’s that there are wasted dollars hiding everywhere — and some of the sweetest low hanging fruit for a cost-conscious company is in your MRO inventory.

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