To be successful in any industry, a business team needs to react quickly to market changes, client needs, and new opportunities. To meet these demands, companies can’t wait for scheduled commercial flights, unreliable charter, or the restrictions of jet card memberships. Whole aircraft ownership only adds another level of operational complexity and substantially higher costs.
Read More...In the what-have-you-done-for-me-lately world of Permian Basin oil and gas, New Mexico’s Northwest Shelf has, until now, escaped public notice. It is not the Delaware or Midland basins. Nor is it part of the Spraberry-Bone Spring-Wolfcamp triumvirate of 21st century, headline-producing geology. But, welcome anyway to the Northwest Shelf’s Yeso, the slope margin dolomitic and
Read More...Düsseldorf, Germany — Twelve weeks after its acquisition by two private equity groups, Uniloy Inc. has resumed blow molding operations in Magenta, Italy, and officials are rebuilding an independent organization. The 56-year-old Uniloy had been a business unit of Milacron Holdings Corp. for 21 years before being sold for almost $51.9 million to Osgood Capital
Read More...WASHINGTON—The American Petroleum Institute (API) released the below statement in support of reauthorizing the Advanced Research Projects Agency-Energy (ARPA-E), which the House Science, Space, and Technology Committee voted on to the full House on Oct. 17. “We’re pleased to support the reauthorization of ARPA-E, in addition to a substantial funding increase for this flagship program,”
Read More...Last Friday, Oct. 18, was the 100th day since Toby and Derek Rice took over the leadership at EQT, the country’s largest natural gas-producing company. The Rice boys won a proxy fight in July to elect a new board (and themselves) to lead the company (see Rice Bros. Win Proxy War to Control EQT –
Read More...Eureka Resources, which owns and operates a centralized treatment/recycling facility in Bradford County, PA to process Marcellus watewater, is getting a $1.5 million state Redevelopment Assistance Capital Projects grant to help the plant launch a high tech solution to recover lithium from Marcellus wastewater. Yes, lithium, like that used to manufacture rechargeable batteries. This post
Read More...In March 2018 MDN brought you the news that Pittsburgh International Airport (PIT) was exploring the possibility of producing its own electricity (see Pittsburgh Airport Plans NatGas Microgrid to Attract New Business). You may recall that CONSOL Energy (now CNX Resources) previously drilled a bunch of wells on airport property and now produces a boatload
Read More...Sinkhole develops near soccer field (Credit: Del-Chesco United for Pipeline Safety) Another sinkhole developed last Friday near Philadelphia related to underground drilling done to install the Mariner East 2 pipeline. The new sinkhole developed in Middletown Township (Delaware County), in Sleighton Park. Fortunately this latest hole was only about 18 inches in diameter, which is
Read More...NFG’s new CEO David Bauer Last week National Fuel Gas Company’s new CEO David Bauer, who just took the reins of the company from the previous CEO Ronald Tanski in July (see NFG CEO Tanski Retiring in July, Replacement Named), attended a luncheon in Erie, PA. He spoke to a local reporter to answer questions
Read More...Düsseldorf, Germany — The last year has seen big changes in industry commitments on waste and environmental issues. But the plastics sector must continue to demonstrate that its proposed solutions can work. That was one key message from a meeting at K 2019 of the World Plastics Council, a 5-year-old body of more than 40
Read More...Düsseldorf, Germany — A recent restructuring move by BASF SE will help the chemical company attend to customers and improve efficiency, according to Martin Jung, president of performance materials. Launched to enable themes such as cocreation and empowering the future, the “small revolution” involves a decentralization process, which will give business units greater authority over
Read More...Düsseldorf, Germany — The Transportation & Industrial unit of plastics and chemicals leader DuPont Co. is at K 2019 with cutting-edge solutions in advanced mobility, health care and enabled connections. Nylon, polyester and other materials made by Wilmington, Del.-based DuPont are finding their way into hybrid, electric and autonomous vehicles, DuPont T&I President Randy Stone
Read More...Shareholders of Omnova Solutions Inc. have approved the agreement that will see Synthomer plc acquiring all of the company’s outstanding common shares. Omnova is a specialty chemicals company based in Beachwood, Ohio. Its sales for the 12 months ended Aug. 21 were about $760 million. Synthomer is a London-based polymer maker with fiscal year 2018
Read More...The American Chemistry Council Sees Huge Growth for the Ohio River Valley Are you prepared to profit from this generational opportunity throughout the Appalachian Basin? Can your organization afford to miss this opportunity? The American Chemistry Council produced a report in 2017 stating $36 billion would be invested in petrochemicals and plastics in
Read More...Are you prepared to profit from this generational opportunity throughout the Appalachian Basin? Can your organization afford to miss this opportunity? The American Chemistry Council produced a report in 2017 stating $36 billion would be invested in petrochemicals and plastics in the Ohio River Valley by 2025. It’s 2019 and we’re halfway there. Royal Dutch
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