Mergers and acquisitions (M&A) activity in 2014 for the global chemical industry will likely increase due to downstream value-added opportunities, continued strength in specialty chemicals, and portfolio realignments in North America.
AK Steel announces that the company's Middletown (OH) Works coke plant has received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute (ACCCI), a leading industry trade organization. The award recognizes the company for operating one of the safest cokemaking facilities in America during 2013.
Chemicals mergers and acquisitions (M&A) activity in the fourth quarter of 2013 saw a large uptick that helped level off 2013 overall deal volume and value, largely due to divestitures and mega deals.
A group of residents is suing Lyon County commissioners and a mining company over a decision that it fears could pave the way for mining expansion close to Silver City, about 30 miles southeast of Reno.
The Tennessee Valley Authority is hoping to open a $1 billion gas plant within three years in western Kentucky to replace its two oldest coal-fired facilities.
North Carolina Gov. Pat McCrory denied he had any talks with Duke Energy executives or lobbyists about his administration's scuttled deal to settle environmental violations at two of the $50 billion company's coal ash dumps for $99,000.
Check out this video profile of Alcoa and ArcelorMittal, participants in the U.S. Department of Energy's Better Plants Challenge, to see how through the program companies have increased recycling efforts, dramatically reduced emissions and saved almost $20 million dollars a year in energy costs.
Nigeria's Senate is ordering a forensic audit to track down billions of missing petrodollars after the Central Bank reported that nearly $50 billion worth of oil sold by the state oil corporation had not been paid to the government.
Near-shoring is just one of many hot topics to be discussed at the inaugural Supply Chain & Transportation USA Exhibition & Conference, March 17-20, at the Georgia World Congress Center, Atlanta, GA.
A federal appeals court on Thursday reinstated a shareholders lawsuit filed against BP Alaska in the wake of two oil spills in 2006 on the North Slope that exposed problems with the company's pipeline maintenance program.
The price of oil barely budged Thursday. But natural gas futures soared and U.S. drivers again saw higher numbers at the gas pump.
Natural gas prices moved sharply higher Thursday after a winter storm hit much of the Eastern United States. Natural gas futures rose 40 cents, or 8.3 percent, to $5.22 per 1,000 cubic feet.
The 2014 resolutions of process industry clients focus across a variety of initiatives, like building more robust technology infrastructures, automating business processes, or improved collaboration with trading partners. These initiatives ultimately point to the same goal - a real competitive advantage.
Dow Chemical is rejecting a push by a major shareholder to break off its petrochemicals division.
The president of BP Alaska says the company plans to boost its capital spending in the state from just under $900 million last year to $1.2 billion this year.
The reaction was slow in coming, but financial markets and corporate bosses have been jolted awake to China's relentless growth decline and are scrambling to cope with wrenching changes in global business.
Shares of Boardwalk Pipeline plunged more than 36 percent Monday following disappointing fourth-quarter results and after it slashed its quarterly distribution.
Aleris is buying Nichols Aluminum LLC for $110 million in cash. Nichols Aluminum produces aluminum sheet for the North American transportation, building and construction, machinery and equipment, consumer durables, and electrical industries.
Amphenol Corporation has completed the acquisition of the Advanced Sensors business from GE. The acquisition of The Advanced Sensors business will operate as part of Amphenol Corporation under the name of Amphenol Advanced Sensors.
The economic reports this week were mixed with several reports coming in weaker than expected.
Public officials in Fairbanks are assessing effects from closure of the North Pole Refinery by June 1. North Pole Mayor Bryce Ward tells the Fairbanks Daily News-Miner that Flint Hills Resources accounts for roughly one-third of the city property tax base.
Washington lawmakers considered a plan Thursday that would eliminate a decades-old tax break now used by oil refineries to save millions of dollars each year.
North Dakota is losing nearly $1 million monthly in natural gas tax revenue as vast amounts of the byproduct of oil production goes up in smoke, state tax department records show.
Uganda's government has signed an agreement with three foreign oil companies, a government official said Thursday, clearing the way for commercial production of crude reserves.
Whether it’s for internal comparisons, or for measuring the effectiveness of a company against close competitors, benchmarking is a vital continuous improvement tool. And although it’s safe to say that the average executive understands the benefits of benchmarking performance, that doesn’t necessarily mean his or her company has ever participated in such an initiative.