Chemical and oil company BASF SE says it is selling its textile chemicals business to Swiss-based Archroma for an undisclosed amount.
A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years.
Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy.
Although carefully drafted to always reference emission reductions from power plants, since the EPA does not have the legal authority under this rule to directly regulate emissions from other sources, the new rule actually provides a pathway for states to regulate other industries and facilities through their climate change plans.
The need to manage environment, health and safety performance across organizations has never been more apparent. The increased reliance on supply chains extending across the globe, the visibility afforded by online communications and the need to improve end-to-end sustainability are compelling businesses to account for EHS performance across the supply chain.
The Flowood-based private company said that it would enhance parts of the refinery and expand its tank farm. It said the changes, in addition to allowing it to make more products, would allow Ergon to feed the refinery with more kinds of crude oil.
The manufacturing sector, already a leading component of the U.S. economy, would benefit significantly if the crude oil ban were lifted, according to a new study.
The stock market slumped on Monday, unable to shake off worries of a global economic slowdown and plunging oil prices.
California Gov. Jerry Brown recently signed the nation's first statewide ban on single-use plastic shopping bags, following the lead of more than 100 California cities and counties. The fight between environmentalists and manufacturers is not over, as the data begins to show that plastic might not be as bad as you'd think...
Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, creating a huge energy transportation and storage company.
Total U.S. net imports of energy as a share of energy consumption fell to their lowest level in 29 years for the first six months of 2014.
Connecticut oil dealers are suing over Gov. Dannel P. Malloy's drive to expand the use of natural gas, demanding environmental reviews.
As the governor’s race heats up in Pennsylvania, one of the central issues is whether to enact a severance tax on natural gas. Democratic candidate Tom Wolf has emphasized that Pennsylvania is the only state without a severance tax and critics of the status quo argue that the state is giving away resources by not imposing the tax...
Economic activity in the manufacturing sector expanded in September for the 16th consecutive month, and the overall economy grew for the 64th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Turbulence returned to Wall Street for a third day Thursday, with the Dow Jones industrial average plunging more than 250 points in late afternoon trading. Energy stocks fell sharply as the price of oil dropped again, and Gap's stock plunged after the company announced its CEO was retiring.
California's chief utility regulator, under fire over accusations of secret dealings with the state's largest utility, said Thursday he will not seek reappointment when his term ends at the end of the year.
Alcoa Inc. said Wednesday that third-quarter income soared as higher aluminum prices and lower costs for raw materials boosted its core primary-metals business.
Texas Gov. Rick Perry is calling for unlimited natural gas and oil exports, saying it would help the American economy and aid American allies threatened by Russia's control of European natural gas supplies.
California should ban all back-channel contacts between the state's largest utility and the utility's state regulators, groups representing rate-payers and others urged a state administrative judge Tuesday after the release of emails showing regulators and utility executives secretly negotiating rate cases and other matters.
Optimism regarding projected company revenue growth increased among U.S. industrial manufacturers during the third quarter of 2014, according to the Q3 2014 Manufacturing Barometer.
California's largest utility has released an email saying the state's top regulator privately asked the company to donate more than $1 million to support an environmental ballot initiative and separately give $100,000 to a celebration of the utility commission's 100th anniversary.
Freeport-McMoRan Inc. is selling 80 percent of its stake in a copper and gold mine in Chile for at least $1.8 billion.
In an increasingly challenging climate, chemical companies are facing shifting market forces and heterogeneous customers. Many are focusing solely on all-out growth or cost-cutting strategies in an attempt to adjust course. But succeeding requires a more innovative strategy. Now more than ever, chemical companies should make the time and resource investments needed to develop new capabilities in natural supply chains.
South Dakota's tax policies and economic incentives were key in persuading The 3M Company to invest $70 million to expand its Brooking plant between now and 2018, the governor and company officials said this week at a ceremony announcing the project.