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Weekly Chemistry & Economic Trends

January 13, 2014 10:34 am | by American Chemistry Council | News | Comments

The economic reports this week were mostly positive. Evidence from the non-manufacturing sector suggests that this broad section of the economy is improving. Finally, the factory orders report indicates that manufacturing is poised to grow in 2014, which should lift economic growth.

Ahead Of The Bell: Alcoa

January 10, 2014 10:35 am | by Associated Press | News | Comments

Shares of Alcoa Inc. tumbled before Friday's opening bell after the aluminum company reported a $2.34 billion loss for its most recent quarter, hurt by low aluminum prices.                                 

Chinese Co. To Build Auto Parts Plant In OH

January 10, 2014 10:32 am | by Associated Press | News | Comments

Ohio and local development officials say they have an agreement with a Chinese auto parts producer to operate a plant near Dayton that could bring up to 800 jobs.

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Black Hills Corp. Buys Pipeline In WY

January 10, 2014 10:19 am | by Associated Press | News | Comments

Black Hills Corp. says it's buying 400 miles of natural gas pipeline from MGTC Inc., a Wyoming public gas utility and an indirect, wholly owned subsidiary of Anadarko Petroleum Corp.

NY Energy Plan Falls Short On Fracking

January 9, 2014 11:18 am | by MARY ESCH, Associated Press | News | Comments

New York's newly released energy plan calls for increased use of renewable energy and clean technology and anticipates reduced utility bills and a more flexible distribution grid, but takes no position on hydraulic fracturing for natural gas in the fertile Marcellus Shale.

Trend Watch: Biopharmaceutical Outsourcing

January 8, 2014 4:34 pm | by Eric S. Langer, President and Managing Partner at BioPlan Associates, Inc. | Articles | Comments

Outsourcing of biopharmaceutical manufacturing has been growing for several years, to the point where contract manufacturing has become a common strategic decision for developers, extending beyond simple non-core activities and into more high-value, technical ones. 

Shale Well Tax Discussion Continues In OH

January 8, 2014 11:35 am | by Associated Press | News | Comments

Lawmakers will hear from backers of a proposal to increase taxes on horizontally drilled shale wells in Ohio.                                                         

Southeast Manufacturing Activity Down In December

January 8, 2014 11:10 am | by Kennesaw State University | News | Comments

Manufacturing activity reversed its previous two-month climb in the Southeast, widening the gap between the region and the nation, according to the Southeast Purchasing Managers Index (PMI) report released by Kennesaw State University’s Econometric Center in the Michael J. Coles College of Business.

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Standoff At Goodyear Ends

January 7, 2014 10:45 am | by JAMEY KEATEN, Associated Press | News | Comments

Two Goodyear managers held captive by angry French workers were freed Tuesday after police intervened, ending two days of standoff over the factory's bleak future.                                 

Will A Surge Of Older Workers Take Jobs From The Young?

January 6, 2014 2:31 pm | by Matt Sedensky, Associated Press | Blogs | Comments

It's an assertion that has been accepted as fact by droves of the unemployed: Older people remaining on the job later in life are stealing jobs from young people. One problem, many economists say: It isn't supported by a wisp of fact.

Next Generation Manufacturers - Is Your Technology Protected?

January 6, 2014 2:06 pm | by Mark A. Aiello and Nick E. Kyriakopoulos | Blogs | Comments

Manufacturing continues to grow in the U.S., fueled primarily by innovations in technology and advances in the manufacturing process itself. With the advent of new, competitive technologies, next-generation manufacturers must zealously protect intellectual property and assets associated with such manufacturing technologies.

Bosses Held Captive At French Goodyear Plant

January 6, 2014 11:19 am | by LORI HINNANT, Associated Press | News | Comments

An official with Goodyear says workers at a restive plant in northern France have detained two managers in a conference room at the tire factory. "Boss-napping" became rampant in France in 2009 at the height of the economic meltdown, although the practice has since tapered off.

Verso Paper Buys NewPage For $1.4 Billion

January 6, 2014 11:11 am | by Associated Press | News | Comments

Coated papers maker Verso Paper is buying NewPage Holdings Inc. in a deal valued at $1.4 billion including debt.                                                           

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Sterling Energy To Open Clean Coal Facility

January 6, 2014 10:55 am | by Associated Press | News | Comments

An Indiana power plant that had been idle for six years and was scheduled to be decommissioned will find new use after a company purchased it at a bargain price.                                

LA Accuses Federal Judge of Ignoring BP Claims

January 6, 2014 10:50 am | by MICHAEL KUNZELMAN, Associated Press | News | Comments

Louisiana Attorney General James "Buddy" Caldwell has accused a federal judge of ignoring the state's claims over BP's 2010 Gulf oil spill and asked an appeals court to intervene.

ACC Weekly Economic Report

January 3, 2014 12:46 pm | by American Chemistry Council | News | Comments

The economic reports last week were largely positive. Personal incomes rose and helped propel consumer spending to a new level. A rebound in consumer confidence bodes well for further gains.                                             

2013 Closed With Solid Manufacturing Numbers

January 3, 2014 10:59 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | News | Comments

Economic activity in the manufacturing sector expanded in December for the seventh consecutive month, and the overall economy grew for the 55th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

Locking The Media Out Of Unemployment Reports

January 3, 2014 10:48 am | by CHRISTOPHER S. RUGABER, JOSH BOAK, AP Economics Writers | News | Comments

A Labor Department watchdog has recommended ending a practice that allows reporters to review a key unemployment report before it is made public.                                 

Denbury Resources Boosts Buyback Program

January 3, 2014 10:43 am | by Associated Press | News | Comments

Denbury Resources Inc. is increasing its stock buyback program by $250 million.                                                                        

Juror Misconduct Jeopardizes BP Verdict

January 3, 2014 10:40 am | by MICHAEL KUNZELMAN, Associated Press | News | Comments

Defense attorneys for a former BP engineer convicted of trying to obstruct a federal investigation of the company's 2010 Gulf oil spill claimed Thursday that jurors engaged in misconduct that warrants a new trial.

10 Sustainable Energy Trends That Shook Up 2013

January 2, 2014 4:17 pm | by Garrett Hering, GreenBiz.com | Blogs | Comments

With the New Year upon us, let's take a few moments to consider the major sustainable energy trends in business from the past year. Many of these 10 trends represent milestones achieved in 2013 as the result of years of dedicated efforts. Others are of a more short-term nature. Each, however, played a big role in 2013.

Manufacturing: Moving Workers Into The Middle Class

January 2, 2014 2:25 pm | by cafwd.org | Videos | Comments

There's no arguing the facts: in California, manufacturing is a huge element of the state's economy. Now, California's community colleges are stepping up to the plate—educating folks about the manufacturing industry while preparing them for real job opportunities.

Miners Granted Extended Unemployment In KY

January 2, 2014 11:23 am | by Associated Press | News | Comments

Pike County's judge-executive is calling on elected officials from Kentucky to extend federal unemployment benefits to help out-of-work miners.

EPL Oil & Gas Purchases Assets From Nexen Petroleum

January 2, 2014 11:19 am | by Associated Press | News | Comments

EPL Oil & Gas Inc. is buying some oil and natural gas assets from Nexen Petroleum Offshore U.S.A. Inc. for $70.4 million. The assets are located in the shallow-water central Gulf of Mexico and currently produce about 900 net barrels of oil equivalent a day.

OK Pipeline To Begin Shipping This Month

January 2, 2014 11:16 am | by Associated Press | News | Comments

The operator of a $2.3 billion pipeline between Cushing and the Gulf Coast expects to begin shipping oil Jan. 22.                                                           

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