According to the American Chemistry Council (ACC), following a 0.2 percent gain in March, the U.S. Chemical Production Regional Index (U.S. CPRI) was 0.6 percent higher in April. All seven regions grew in April.
Unilever PLC says it has agreed to sell ownership of its Ragu and Bertolli brand sauces in North America to Japan's Mizkan Group for $2.15 billion.
Marathon Petroleum will spend $2.87 billion to acquire the retail operations of Hess, the largest chain of company operated gas stations and convenience stores on the East Coast.
Venezuela's state oil company PDVSA has secured a $2 billion credit line from several energy service companies, including U.S.-based Halliburton and Schlumberger.
In the considering Big Data, as well as other emerging trends like mobility, cloud technology and how to implement metrics programs that drive the most performance improvement, LNS Research teamed up with MESA International to create the ‘Metrics that Matter’ survey. With over 200 responses, it aims to identify the ways leading manufacturers are approaching these and other manufacturing technologies and initiatives.
China signed a landmark deal to buy Russian natural gas worth about $400 billion, giving a boost to diplomatically isolated President Vladimir Putin and expanding Moscow's ties with Asia.
A bill that would make it a crime to publicly disclose the secret chemical mixtures that energy companies pump into the ground when fracking for natural gas is headed for a vote before the North Carolina Senate.
America’s shale energy revolution is creating and sustaining hundreds of thousands of jobs in diverse sectors of the economy that supply construction, equipment, supplies and services to shale energy operations, and making the U.S. manufacturing sector more competitive.
New Hampshire Gov. Maggie Hassan is planning to sign a bill that raises the tax on gasoline and diesel by 4 cents per gallon, the first increase since 1991.
State officials say a plastics firm plans to open a production facility in Limestone County. The plant is expected to employ up to 100 workers when it reaches full capacity.
When breaking down the multi-faceted components, resources and benefits the Internet of Things encompasses, it clearly offers an intriguing display of opportunity, investment and concern. IoT’s surge into the everyday lives of nearly every person represents significant social and cultural change, with its impact being felt in numerous areas - including manufacturing.
The SEC's Conflict Minerals Rule has been controversial throughout its short history due to questions of business materiality and the costly due diligence requirements of the rule itself. The rule requires public companies to investigate the origin of specific minerals that the companies use in their manufacturing process.
China plans to sign a multibillion-dollar deal to buy Russian gas during a visit by President Vladimir Putin next week despite U.S. pressure to avoid undermining sanctions on Moscow over the Ukraine crisis.
Indiana regulators have approved Indianapolis Power & Light Co.'s nearly $670 million plan to upgrade two of its power plants as part of a push to meet tougher environmental regulations.
Company spokeswoman Jane Slusark said the closing will allow for better use of technology near areas with more seed acres. She said the company is doing a global review of its seed production plants, and optimizing around areas with more seed acres.
Weeks before an underground accident killed two workers, employees at a problem-plagued West Virginia mine were notified that they may lose their jobs because the coal was selling for less than the cost of digging it out.
Unlike the Keystone XL oil pipeline, whose review the administration has delayed, probably until after the elections, the clock is ticking for the power plant rules — the cornerstone of Obama's campaign to curb climate change. Unless he starts now, the rules won't be in place before he leaves office in 2017, making it easier for his successor to stop them.
The oil exploration and production company said its board approved a quarterly dividend of 27 cents per share, up from 18 cents per share.
A Minnesota-based glass fabrication company is planning to add more than 100 new jobs when it expands a plant in eastern Georgia.
The Department of Mineral Resources says the record March production was up from an average of about 952,000 barrels daily in February.
Tension is rising in South Africa's platinum mine sector, where police are struggling to keep order after three miners working in defiance of a strike were killed in separate incidents.
Federal regulators have announced an $875,000 settlement with Chevron related to a pair of Utah oil spills in recent years.
With Germany taking a slight lead, Europe’s chemical industry is slowly exiting the global economic recession. However, despite expected marginal growth, concerns are mounting for industry leaders who face increasing competition, feedstock cost disadvantages, a difficult business climate and aging infrastructure.
Federal land managers are seeking public comment on their proposal to nominate 193 parcels of public land for potential oil and gas leasing in eastern Nevada.
Restaurants and storefronts are buzzing again in West Virginia's capital city, but many still haven't filled a financial hole after chemicals sullied their running water and forced them to close for several days in January.