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The Lead

Education, Bias-Breaking Keys to Women's Rise in Supply Chain

January 27, 2015 2:38 pm | by Mike Hockett, Associate Editor, Industrial Distribution | Articles | Comments

Corrie Banks and Kleo Landucci, executives at logistics services providing companies, can’t stress enough how they’d like to see fellow females continue to enter the supply chain workforce and break the stereotype of it being “a man’s world.”

Supreme Court Rejects Lifetime Health Benefits For Chem Plant Employees

January 27, 2015 2:31 pm | by Andy Szal, Chem.info | News | Comments

The unanimous ruling from the high court represents a victory for M&G...

DuPont Profit Rises, But Strong Dollar Cuts Into Sales

January 27, 2015 2:18 pm | by RANDALL CHASE, AP Business Writer | News | Comments

Changes to DuPont's portfolio and improved productivity boosted fourth-quarter earnings and...

ACC's Weekly Economic Report Shows Increases Compared to a Year Ago

January 26, 2015 5:06 pm | by Andy Szal, Chem.info | News | Comments

Domestic chemical production last month was up compared to the end of 2013 as...

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Cancellation of $6.5B Petrochemical Project in Qatar Changes Outlook For MEG Market

January 26, 2015 11:52 am | by Tison Keel, director, global EO& Derivatives, IHS Chemical | Articles | Comments

Royal Dutch Shell and Qatar Petroleum’s (QP) joint announcement last week that they have cancelled their planned $6.5 billion Qatari petrochemical project, called Al-Karaana, which will significantly change the global supply and demand balances for mono-ethylene glycol (MEG) and polyethylene terephthalate (PET) resins.

Policing The Patch: It's 'Not Mayberry Anymore'

January 26, 2015 9:55 am | by SHARON COHEN, AP National Writer | Articles | Comments

Police chief Art Walgren knew how much the oil boom had changed this once-sleepy town when he spotted something that would have been unheard of not long ago: license plates from Sinaloa, Mexico, home to one of the world's most violent drug cartels.

1 Year After Explosion, Biofuels Plant Has Permits to Reopen

January 26, 2015 9:26 am | by Northeast Mississippi Daily Journal;Tupel, Miss. | News | Comments

A year after an explosion ripped apart the JNS Biofuel plant, the rebuilt plant in New Albany has all the permits it needs to reopen. However, state and local officials don't know when that will happen. TJN Biofuel LLC's president and owner, Steve Bolin, has not given official notice yet.

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MeadWestvaco, Rock-Tenn Join to Form $16B Packaging Behemoth

January 26, 2015 9:13 am | by Associated Press | News | Comments

The company, which had not been named as of Monday, will have combined sales of $15.7 billion and its board will include eight directors from Rock-Tenn and six directors from MeadWestvaco. Shares of both companies hit all-time highs late last week.

Report: Manufacturing Wages Significantly Higher Than Comparable Workers

January 23, 2015 3:39 pm | by Andy Szal, Chem.info | News | Comments

In the analysis from D.C.-based liberal think tank the Economic Policy Institute, author Robert E. Scott tabs the wage premium for manufacturing jobs at $1.78 per hour, calling the industry "a particularly important provider of jobs with good wages for workers without a college degree."

Sea-Land Chemical Co. Celebrates 50th Anniversary

January 23, 2015 3:19 pm | by Sea-Land Chemical Co. | News | Comments

Sea-Land Chemical Co. is celebrating its 50th anniversary. A supplier of chemicals to the lubricants industry, Sea-Land has grown into an international, employee-owned specialty chemical distributor. Today, the firm has clients on three continents and over $100 million in annual revenue.

Gas Drilling Watchdog Group Settles Suit Over Terror Listing

January 23, 2015 9:27 am | by Associated Press | News | Comments

A gas drilling watchdog group that says it was characterized in Pennsylvania security bulletins as a potential terror threat has settled its lawsuit against the state. The settlement terms between Pennsylvania and the Gas Drilling Awareness Coalition haven't been released.

Ex-Freedom Industries President Faces New Fraud Charge

January 22, 2015 4:49 pm | by PAM RAMSEY, Associated Press Writer | News | Comments

A federal grand jury in Beckley handed up a superseding indictment on Wednesday against former Freedom President Gary Southern and three other former executives. The indictment charges Southern with a new count of fraud by interstate commercial carrier and restates the original indictment's charges against him and the others.

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Hardide Invests $7 Million in New Virginia Plant

January 22, 2015 9:25 am | by Hardide Coatings | News | Comments

The 26,000 square foot facility in Martinsville, Henry County, is planned to be operational in the fourth quarter of 2015. The company produces a patented range of hard wearing coatings which significantly increase the life of critical metal parts operating in abrasive, erosive, corrosive and chemically aggressive environments.

Energy Companies Announce Thousands Of Layoffs

January 21, 2015 4:03 pm | by Andy Szal, Chem.info | News | Comments

The continued decline in the prices of crude oil is wreaking havoc in the oilfield services sector, where three industry giants have announced thousands of job cuts in recent days. Projections for 2015 suggest the number of oil rigs operating on U.S. soil could fall dramatically as prices for crude oil remain low.

Obama: US Must Aim Higher Than Keystone on Infrastructure

January 21, 2015 10:02 am | by Associated Press | News | Comments

President Barack Obama says the U.S. should aim higher than one single pipeline as it works to modernize its infrastructure. Obama wasn't referencing the Keystone XL pipeline by name in his State of the Union address. But he alluded to it by asking Congress to look beyond just one oil pipeline.

Skills Gap Predictions For 2015: Rising Wages And More Training

January 21, 2015 9:29 am | by Bridget Bergin, Associate Editor, Manufacturing.net | Blogs | Comments

While the economy is in the process of recovering from the recent recession, it is essential that the manufacturing sector continues to grow stronger. Eighty-three percent of companies indicated a moderate to serious shortage of skilled production workers and 69 percent of companies expect this shortage to worsen over the next three to five years.

Arson Trial Begins For Omaha Man Over 2008 Fire at His Plant

January 21, 2015 9:16 am | by Associated Press | News | Comments

Prosecutors say 52-year-old Thomas Schropp was in financial trouble and hoped to gain around $4 million in insurance proceeds for the destruction of his PK Manufacturing plant. It burned down on Nov. 20, 2008. The Omaha World-Herald says the trial began Tuesday.

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New Rules Could Open Cuba to Wide Range of American Trade

January 20, 2015 3:28 pm | by Andy Szal, Chem.info | News | Comments

The Obama administration's new guidelines regarding relations with Cuba have taken effect, potentially opening the Caribbean nation to a wide range of American products. Analysts warn, however, that companies looking to expand into Cuba should proceed with caution after more than five decades of separation between the two countries.

Oilfield Services Giant Bolsters Presence in Russia Amid Layoffs

January 20, 2015 3:00 pm | by Andy Szal, Chem.info | News | Comments

Just days after announcing job cuts citing uncertainty in the global oil industry, Schlumberger Ltd. announced a deal to purchase a minority stake in one of Russia's leading energy companies. Analysts largely lauded the deal, which further links companies that have worked together since 2011 and signals Schlumberger's intent to grow in the region.

Report Says TTIP Would Undermine Toxic Pesticide Regulations

January 20, 2015 10:50 am | by Meagan Parrish, Editor, Chem.info | Articles | Comments

Many Europeans have voiced concerns that the new agreement will lower the EU’s standards for environmental and food safety, and a new report by the Center for International Environmental Law takes aim at just that — saying that proposals for TTIP could translate into more pesticides making their way into EU food markets.

President Will Push For Paid Sick Leave

January 16, 2015 4:39 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

Ahead of his State of the Union speech Tuesday, President Obama has announced that he will call on Congress to require companies to give workers up to seven days of paid sick leave a year. The initiative will be known as the Healthy Americans Act and will affect all companies with 15 or more employees.

Novartis to Close Manufacturing Plant in Puerto Rico by 2019

January 16, 2015 3:42 pm | by Associated Press | News | Comments

Puerto Rico is still considered one of the world's leading centers for pharmaceutical manufacturing, but the sector has been shrinking. The U.S. territory has been offering incentives for manufacturing plants to expand and is pushing to diversify its manufacturing base by seeking aerospace and information technology companies.

Monsanto Gets US Approval For New GMO Seeds

January 16, 2015 9:23 am | by Associated Press | News | Comments

Agriculture business giant Monsanto Co. said Thursday it received approval from the Department of Agriculture for new cotton and soybean seeds designed to be used with a new herbicide formula. Monsanto's business is built on genetically modified seeds and herbicide.

The Myth Of America's Manufacturing Renaissance: Q&A With Adams Nager

January 14, 2015 5:01 pm | by Bridget Bergin, Associate Editor, Manufacturing.net | Articles | Comments

According to Nager's January 2015 report, "It is easy to get the impression that American manufacturing has entered a new and exciting period of revival. Many in the media, along with consulting firms and economists, now tout the term 'manufacturing renaissance' to describe this so-called revival...If only that were true." 

Manufacturing Job Growth up in 2014

January 12, 2015 10:01 am | by Andy Szal, Chem.info | News | Comments

Manufacturing job growth increased dramatically in 2014 compared to the previous year, according to numbers from the federal Labor Department released Friday. The report from the Bureau of Labor Statistics showed the manufacturing sector added an average of 16,000 jobs per month last year, compared to gains of 7,000 jobs per month for 2013.

The Next Housing Solution: 3-D Print Your Home

January 12, 2015 9:50 am | by Meagan Parrish, Editor, Chem.info | Videos | Comments

One day, could gathering supplies to build a home be as simple as hitting "Print" on your computer? Alastair Parvin and his colleagues at WikiHouse Foundation hope so. They say building homes from 3-D printed contruction materials isn't just innovative for its technology — it could be a cutting-edge solution for a coming "global housing crisis."

Oil Bust Will Hurt Housing in Texas, Oklahoma, Louisiana

January 9, 2015 12:29 pm | by JOSH BOAK, AP Economics Writer | News | Comments

The oil boom that lifted home prices in Texas, Oklahoma and Louisiana is coming to an end. Crude oil prices have crashed since June, falling by more than 54 percent to less than $50 a barrel. That swift drop has started to cripple job growth in oil country, creating a slow wave that in the years ahead may devastate what has been a thriving real estate market.

Activist Investor Intensifies Fight Over DuPont's Future

January 9, 2015 9:47 am | by Associated Press | News | Comments

A fight for control of DuPont Co. is intensifying after the hedge fund led by activist investor Nelson Peltz announced plans to nominate its own slate of four directors to the industry titan's board. Its shares edged higher in premarket trading.

How Lower Oil Prices Could Fuel More Hiring In The U.S.

January 8, 2015 4:43 pm | by Christopher S. Rugaber, AP Economics Writer | Articles | Comments

In June, when oil cost $107 a barrel, U.S. employers added a healthy number of jobs — 267,000. Now, with oil below $50,  hopes are rising that hiring in the United States is poised to intensify. Goldman Sachs forecasts that if oil stays near its current price, the economy will add 300,000 more jobs this year than if the price had remained at its June level.

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