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Financing Set For $1 Billion Fertilizer Plant

December 20, 2013 11:20 am | by Associated Press | News | Comments

A businessman says he has reached a deal with a Chinese company to finance a proposed southern Indiana fertilizer plant that could cost nearly $1 billion to build.                            

Louisiana Considered For $3 Billion Ethane Plant

December 20, 2013 11:11 am | by Associated Press | News | Comments

Axiall Corp. is considering building a $3 billion ethane cracker and chemical plant somewhere in Louisiana. The Atlanta-based chemical manufacturer said it could make a decision sometime early next year. Axiall would invest $1 billion of its own money, while an unnamed partner would put in $2 billion.

Uncertain Future For Gas Drilling In PA

December 20, 2013 11:03 am | by MARC LEVY, MARK SCOLFORO, Associated Press | News | Comments

The energy industry and policy makers in Pennsylvania, the heart of the nation's gas drilling boom, are thinking about their next moves after the state's highest court threw out significant portions of a law that limited the power of cities and counties to regulate the industry.

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Japan Pays Even More For Fukushima Cleanup

December 20, 2013 10:58 am | by MARI YAMAGUCHI, Associated Press | News | Comments

Japan's government announced Friday that it will increase the amount of money it is providing to the operator of the crippled Fukushima nuclear plant to step up cleanup and decommissioning efforts.                                             

Chicago 'Petcoke' Piles Must Be Removed

December 20, 2013 10:53 am | by SOPHIA TAREEN, Associated Press | News | Comments

Chicago's mayor and the Illinois attorney general announced an agreement with an Indiana company that will require it to remove huge piles of petroleum coke from the city's southeast side and accept no other shipments for the time being.

Quarterly U.S. Industrial Outlook: Growth Rebounding

December 20, 2013 9:32 am | by Manufacturers Alliance for Productivity and Innovation | News | Comments

A rising tide of positive factors bodes well for a rebound in the manufacturing sector, according to the quarterly Manufacturers Alliance for Productivity and Innovation U.S. Industrial Outlook, a report that analyzes 27 major industries.                                     

Tyson Slapped With OSHA Fine

December 18, 2013 5:02 pm | by Associated Press | News | Comments

A federal workplace safety agency has recommended that Tyson Foods pay a $147,000 fine because of several serious workplace violations, including one that led to a worker's hand being severed at the company's Hutchinson plant.                                     

Mexico Gives Oil Reform Approval

December 18, 2013 4:59 pm | by Associated Press | News | Comments

Mexico's federal congress has certified that 24 of the country's 31 state legislatures have approved sweeping energy reforms that allow private companies to explore for and produce oil and gas.                                                                     

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Fire At TN Superfund Site

December 18, 2013 4:57 pm | by TRAVIS LOLLER, Associated Press | News | Comments

Firefighters stopped trying to put out a large industrial fire at a federal Superfund site in central Tennessee Wednesday afternoon because of fears that two 1,000-gallon propane tanks there could explode.                                                              

BP Makes A 'Significant' Discovery In The Gulf

December 18, 2013 1:44 pm | by Associated Press | News | Comments

The company says the find at an exploration well on Keathley Canyon Block 93 is about 300 miles (480 kilometers) southwest of New Orleans and in approximately 4,900 feet (1,493 meters) of water. BP says more drilling is necessary to determine how big, and potentially how valuable, it might be.

Ex-EPA Official Convicted Of Theft

December 18, 2013 1:35 pm | by FREDERIC J. FROMMER, Associated Press | News | Comments

A judge has sentenced a former high-ranking official with the Environmental Protection Agency to 32 months in prison for stealing from the agency by failing to show up for work — while falsely claiming to be working for the CIA.                                   

Equipment Finance Market Confidence Down

December 18, 2013 1:28 pm | by Equipment Leasing & Finance Foundation | News | Comments

The Equipment Leasing & Finance Foundation released the December 2013 Monthly Confidence Index for the Equipment Finance Industry yesterday. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $827 billion equipment finance sector.

Louisville Residents Sue Over Coal Plant Ash

December 18, 2013 11:16 am | by DYLAN LOVAN, Associated Press | News | Comments

A group of Louisville residents who say coal ash from a nearby power plant drifts into their lungs and homes have sued the plant.                                                                        

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Oil Workers Sue For Overtime Pay

December 18, 2013 11:09 am | by DAVE KOLPACK, Associated Press | News | Comments

Attorneys for a major oil drilling business say a federal lawsuit accusing the company of failing to pay overtime to workers in the North Dakota oil patch should be thrown out, according to court documents filed Tuesday.                 

Fight For IL Boeing Plant Fizzles

December 18, 2013 10:47 am | by DAVID MERCER, Associated Press | News | Comments

Illinois has joined more than 20 other states trying to lure Boeing's production of the 777x airliner out of Washington state, but the company's long list of requirements could prove problematic.                                                     

Verdict Reached In BP Engineer's Trial

December 18, 2013 10:39 am | by Associated Press | News | Comments

The judge said that a verdict has been reached Wednesday morning in the case against a former BP engineer charged with deleting text messages to obstruct an investigation of the company's massive 2010 oil spill in the Gulf of Mexico.

Novelis Invests $120 Million In NY Expansion

December 18, 2013 10:31 am | by Associated Press | News | Comments

Novelis Inc. says it will invest $120 million to install a third aluminum automotive sheet finishing line and expand recycling of automotive scrap at its production plant near Oswego.                                             

U.S. Chemical Industry Poised For Dynamic Expansion

December 17, 2013 5:01 pm | by American Chemistry Council | News | Comments

Favorable oil-to-gas price ratios driven by the production of natural gas from shale continue to drive a renewed U.S. competitiveness that is boosting exports, and driving greater domestic investment, economic growth and job creation within the business of chemistry, according to the Year End 2013 Chemical Industry Situation and Outlook.

A Manufacturing Tax Write-Off Hangs in the Balance…Or Does It?

December 17, 2013 3:40 pm | by Holly Henschen, Editor, Food Manufacturing | Articles | Comments

Time is technically running out for manufacturers to write off sizable sums for equipment purchased in 2013 as a tax rule hangs between its Dec. 31 expiration date and congressional action on the matter.                                                    

Putting the Pedal to the Metal in Pharmaceutical Manufacturing

December 17, 2013 3:30 pm | by PMMI | Articles | Comments

To remain competitive in the world’s busiest pharmaceutical market, U.S. manufacturers must increase their speed, running lines constantly while continuing to adhere to stringent FDA regulations at the research and development, preclinical and clinical work phases. Advancements in equipment for material handling, process flow, automation, product inspection and form-fill-seal have enabled manufacturers to speed production like never before.

UT Mine Collapse Investigation Complete

December 17, 2013 10:35 am | by PAUL FOY, Associated Press | News | Comments

The U.S. Mine Safety and Health Administration released an investigation into the coal mine collapse that killed Elam Jones in Carbon County about 10 miles west of Huntington. Federal regulators determined that the mine hadn't done enough to support the ceiling of a tunnel that collapsed on the machine operator.

Oil Tanker Attacked

December 17, 2013 10:28 am | by Associated Press | News | Comments

Greek authorities say an oil tanker has come under armed attack off the west coast of Africa, and the ship's Ukrainian captain and Greek first engineer have been kidnapped.                                       

Trading Wetlands For Mines

December 17, 2013 10:26 am | by Associated Press | News | Comments

The company hoping to build a copper-nickel mine in northeastern Minnesota says it will add wetlands elsewhere to offset the loss of more than 900 acres the project would cause.                                   

Still No Fracking Decision In NY

December 17, 2013 10:22 am | by MICHAEL GORMLEY, Associated Press | News | Comments

Gov. Andrew Cuomo said he would decide whether New York should allow hydraulic fracturing for natural gas by Election Day next year — maybe.                                                        

FDA Questions Anti-Bacterial Soaps

December 17, 2013 10:09 am | by MATTHEW PERRONE, AP Health Writer | News | Comments

After more than 40 years of study, the U.S. government says it has found no evidence that common anti-bacterial soaps prevent the spread of germs, and regulators want the makers of Dawn, Dial and other household staples to prove that their products do not pose health risks to consumers.

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