Advertisement
Business
Subscribe to Business
View Sample

FREE Email Newsletter

Goodyear Posts $58M Q1 Loss

April 29, 2014 10:53 am | by Associated Press | News | Comments

Goodyear reported a $58 million loss for the first quarter largely due to Venezuelan currency charges. The loss was compounded by the extreme winter weather across the U.S. that hurt tire sales, the company said.              

Consol Energy Turns Q1 Profit

April 29, 2014 10:51 am | by Associated Press | News | Comments

Consol Energy Inc. earned $116 million in the first quarter, helped in part by growth from its division that focuses on oil and gas exploration and production.                         

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 in part due to divestitures and mega deals – those valued at more than $1 billion, accordi

Chemical M&A Activity Up In The First Quarter

April 29, 2014 10:15 am | by PwC US | News | Comments

Chemicals mergers and acquisitions (M&A) activity in the first quarter of 2014 increased 21 percent over the same period last year, driving total deal value in the space to more than $12 billion.

Advertisement

Energy Transfer Buys Susser Holdings For $1.8B

April 28, 2014 10:14 am | by Associated Press | News | Comments

Energy Transfer Partners LP is buying Susser Holdings Corp., an operator of convenience stores that sell gas, in a deal valued at about $1.8 billion.                            

Meeting The Biggest Challenges In Manufacturing Today

April 28, 2014 1:00 am | by Tom Bonine, President, National Metal Fabricators | Articles | Comments

It's no secret that American manufacturing has faced significant obstacles recently. In an industry known for low wages, subpar working conditions and quality control issues, none of which attract new workers — are those the real challenges facing manufacturing? Here are some of the biggest challenges in manufacturing right now, from a manufacturer’s perspective.

Rapid City Courts Energy Business

April 25, 2014 10:56 am | by Associated Press | News | Comments

Economic development officials believe the southwestern South Dakota city of Rapid City is in a prime spot to lure more energy-related businesses — even though it's not in the heart of energy territory.                   

Baltic States Push To Cut Russian Gas Reliance

April 25, 2014 10:51 am | by DAVID McHUGH, LIUDAS DAPKUS, Associated Press | News | Comments

The countries in this northeastern corner of the European Union are among the most dependent on Russia to keep their homes warm and industries running. The three Baltic nations of Latvia, Estonia and Lithuania get all their gas from Russia and lack connections to the wider European pipeline system that would allow them to import from elsewhere.

U.S. Manufacturing Makes Gains On The Competition

April 25, 2014 10:46 am | by PAUL WISEMAN, AP Economics Writer | News | Comments

U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world's other major economies.                          

Advertisement

Looking For Growth & Profitability Solutions?

April 24, 2014 3:32 pm | by Mike Edgett, Director of Industry Marketing, Process Manufacturing at Infor | Articles | Comments

Over the last decade, many companies have been “making do” with what they had to in order to run their businesses. The stories of companies delaying capital investment and squeezing more years out of equipment have been told over and over again. Now is the time to decide which IT investments can both grow your business and improve your profitability. So, where to begin? 

Arch Coal Writes Off Coal-To-Liquid Project

April 24, 2014 10:17 am | by Associated Press | News | Comments

Arch Coal Inc. has written off as a loss its total $57.7 million investment in a planned coal-to-liquids plant in southern Wyoming but continues to maintain its equity interest in the project, according to a company spokeswoman and a recent report to federal regulators.

Marathon Proposes Louisiana Expansion

April 24, 2014 10:11 am | by Associated Press | News | Comments

Marathon Petroleum Corp. said it is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company's Garyville refinery.                                      

A couple of weeks ago one of Chevron's fracking well pads exploded and caused a deadly fire in a small town in Pennsylvania. Since, the apology letters and coupons for free pizza have met with a great deal of internet scorn. Is there a "right" way to apol

The Challenge Of Energy Consumption Control

April 24, 2014 1:00 am | by Nikita Ernst, Associate Editor | Articles | Comments

In a time when both regulations and money are tight, companies can't afford not to keep track of their energy consumption. Chem.Info sat down with Kevin Price, an EAM Product Director at Infor, to talk about some solutions to the challenges posed by maintaining energy usage sustainability.

Finding The Next Generation Of Manufacturers

April 22, 2014 1:00 am | by Timm Johnson, Vice President of Sales/Marketing, Spee-Dee | Blogs | Comments

Notice anything about your workforce? Some of them may be graying and soon preparing to retire. The age of your workforce represents a good opportunity for qualified younger employees to step in and launch their career. The problem you face is finding that young person...

Advertisement

Plastic Machinery Shipments Stay Strong

April 21, 2014 4:40 pm | by Plastics Industry Trade Association | News | Comments

Business levels for manufacturers and suppliers of primary plastics machinery (injection molding, extrusion, blow molding, and thermoforming equipment) posted another strong quarterly performance in Q4 of 2013.                    

Labor Talks Sink Platinum & Palladium

April 21, 2014 3:58 pm | by Associated Press | News | Comments

Platinum and palladium prices dropped sharply Monday on signs that South African mining companies are close to reaching a labor agreement that would end a four-month strike.                          

Documents Link SDRC Inc. And Keystone XXL

April 21, 2014 11:37 am | by Associated Press | News | Comments

A state-sponsored company that directed millions of dollars from foreign investors to the idled Northern Beef Packers plant and other projects in South Dakota before running afoul of authorities also attempted to help finance the now-stalled Keystone XL oil pipeline, documents show.

Halliburton Posts $600M In Q1

April 21, 2014 11:28 am | by Associated Press | News | Comments

Halliburton says it was profitable in the first-quarter after reporting a loss for the period a year ago. Its latest results topped Wall Street expectations, and its shares edged up in premarket trading Monday.                      

Hundreds Relocate For Chemical Plant Expansion

April 21, 2014 11:18 am | by Associated Press | News | Comments

More than 200 Mossville and Brentwood residents with property close to the Sasol chemical company's Westlake facility have agreed to sell their property to the company as part of a voluntary relocation plan.                

Stillwater Mining Production Up, VP Resigns

April 18, 2014 10:39 am | by Associated Press | News | Comments

Montana's largest mining company says its precious metals production rose modestly while recycled metal volumes dropped sharply in the first quarter of 2014.                                

NorthWestern $900M Dam Deal Nixed By Consumer Counsel Changes

April 18, 2014 10:37 am | by MATTHEW BROWN, Associated Press | News | Comments

NorthWestern Energy would have to walk away from a $900 million deal to buy 11 hydroelectric dams in Montana if forced to make changes recommended by the state Consumer Counsel, an executive for the South Dakota-based utility said Thursday.

Minnesota Pipe Line Seeks Expansion

April 17, 2014 10:28 am | by STEVE KARNOWSKI, Associated Press | News | Comments

Minnesota Pipe Line Company plans to ask regulators for approval to nearly double the capacity of a crude oil pipeline that carries oil from Canada and North Dakota to the two refineries in the Twin Cities.                               

U.S. Factory Output Up In March

April 16, 2014 10:22 am | by JOSH BOAK, AP Economics Writer | News | Comments

U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products.

Kentucky Drilling Scam Convictions Upheld

April 16, 2014 10:17 am | by BRETT BARROUQUERE, Associated Press | News | Comments

Two brothers who defrauded millions of dollars from thousands of investors in an oil and gas drilling scheme lost a bid Tuesday to have their convictions and sentences overturned.                     

Glencore Xstrata Buys Caracal Energy For $1.35B

April 15, 2014 10:38 am | by Associated Press | News | Comments

Swiss-based commodities giant Glencore Xstrata Plc says it is buying oil exploration firm Caracal Energy Inc. for about 800 million pounds ($1.35 billion) in cash.                             

Utilities' Defenses Hold Against Hackers

April 15, 2014 10:23 am | by STEPHEN SINGER, Associated Press | News | Comments

Electric, natural gas and major water companies and regional distribution systems in Connecticut have been penetrated by hackers and other cyber attackers, but defenses have prevented interruption, state utility regulators said Monday in their first report on cyber security.

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading