The Plastics Industry Association is joining trade groups in the U.S. and officials in Mexico speaking out against new proposed tariffs by President Donald Trump on all goods coming to the U.S. from Mexico. The Trump Administration said it would begin imposing 5 percent tariffs on Mexican-made goods entering the U.S. starting June 10, and
Read More...Schaumburg, Ill. — The plastics M&A market remains strong, even as top-performing firms are distancing themselves from the pack. “There’s a gulf occurring between the haves and the have nots, the large caps vs. small caps,” market veteran Thomas Blaige said May 21 at the Plastics News Financial Summit in Schaumburg. “Deal volume is way
Read More...Grand Rapids, Mich. — National Geographic magazine challenged readers a year ago to select between the environment or plastic as part of a campaign to heighten the awareness of plastic pollution. But it’s really not an either-or situation, according to the woman leading the nonprofit group’s efforts to address the problem. The “Planet or Plastic?”
Read More...We’re always a sucker for a “Top 10” list. We spotted a Top 10 list for Ohio oil and gas producers recently published by Columbus Business First. The list ranks companies by production in 2018 converted to thousand cubic feet equivalent. We’ve also included a nifty graphic from our own Marcellus & Utica Shale Almanac
Read More...click for larger version EQT yesterday launched the website VoteGoldForEQT.com in response to the website previously launched by Toby and Derek Rice (the Rice boys), to counter their attempt to take control of the company. The Rice website is EQTPathForward.com. Both websites offer each arguments and defense for why they should control the makeup of the board
Read More...Pennsylvania State Sen. Gene Yaw, Republican from Lycoming County, PA, seems to have changed his mind about a severance tax on Marcellus Shale production. The Marcellus Shale Coalition (MSC) visited Williamsport in Yaw’s home district yesterday. At a joint press conference to discuss the superiority of an impact fee to a severance tax, Yaw called
Read More...New York Gov. Andrew Cuomo tried to stop a fully built, brand new natural gas-fired electric generating plant in Orange County from going operational last year by instructing his Dept. of Environmental Conservation (DEC) to deny renewing an air permit it had approved just five years earlier (see Cuomo Strikes Again: Blocks Completed Gas-Fired Plant
Read More...The Natural Gas Supply Association (NGSA) yesterday released its 2019 Summer Outlook for Natural Gas report (summary below). It’s not much different than the Winter Outlook was (see NGSA Winter Forecast: High Demand + High Production = Flat Prices). NGSA predicts natural gas demand will reach new all-time highs this summer. However, natural gas production
Read More...From time to time MDN highlights new technologies used in shale drilling. We’ve talked about companies developing alternatives to water as a fracking fluid, things like liquefied petroleum gas (LPG or propane) fracking (see eCORP Tests New Waterless LPG Fracking Method on First Shale Well), and using baby oil as a fracking fluid (see ecorpStim
Read More...MARCELLUS/UTICA REGION: PA Auditor General urges Game Commission to fix its finances, better monitor gas & oil lease revenues; Ohio House approves bill to aid nuclear, coal power plants; NATIONAL: U.S. E&Ps hold line on capex, but production genie out of the bottle as natgas, oil surge; Increased need for oilfield services could tempt majors
Read More...Sonoma, Calif. — Bans, taxes and warm feelings about saving the planet are great, but plastics recycling remains woefully underfunded. That was the sentiment at the Western Plastics Association’s annual conference in Sonoma. “People talk about roads, but recycling is infrastructure too,” said Lee Anderson, director of issues management and state government relations at Minneapolis-based
Read More...Veolia Environment SA’s United Kingdom operations made a £1 million ($1.26 million) investment in its Dagenham, England, plastic recycling facility, near London, in response to growing demand for recycled plastics. A founding member of the United Kingdom’s Plastic Pact, Veolia said it had increased its food grade production by 20 percent to meet the manufacturers’
Read More...Vermont lawmakers have adopted one of the toughest measures in the U.S. against single-use plastic packaging, banning both plastic bags and expanded polystyrene food containers, amid a flurry of activity in other states. California legislators, for example, adopted their own ambitious bills in late May that call on state regulators to create a comprehensive plan
Read More...Tom ShepstoneNatural Gas NOW … … Northeast gas shortages are what really matter when it comes to fighting back against fracking bans, pipeline obstruction and other fractivist initiatives. There is no doubt the Northeast (everything east from Pennsylvania) is at war over natural gas. Fractivists have been able to successfully demagogue the issue in places
Read More...California regulators Thursday approved PG&E Corp.’s plan to impose blackouts this summer across large swaths of its territory to prevent major wildfires — and told customers don’t count on reliable electric service as the fire season gets underway. The California Public Utilities Commission approved PG&E’s “wildfire mitigation plan,” in which blackouts could conceivably hit every
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