Industry News

Advanced mobility a focus for DuPont at K 2019

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

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Omnova shareholders approve Synthomer merger

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

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NAI Ohio River Corridor to Sponsor Inaugural Appalachian Basin Real Estate Conference

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

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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 the Ohio River Valley by 2025. It’s 2019 and we’re halfway there. Royal Dutch

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Tom Wolf’s New Carbon Tax Proposal Is All Pain and No Gain

Gregory WrightstoneGeologist and author of “Inconvenient Facts” .. … Pennsylvania Governor Tom Wolf is trying to implement a new carbon tax by fiat, enrolling the Commonwealth in a green scam that has done nothing for climate. Pennsylvania governor Tom Wolf’s executive action to impose a Cap and Trade system on carbon dioxide emissions is easily

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German Energy System A Disaster. New Climate Plan Will Make It Worse.

 ... … … The German Energy system is in free-fall disaster shape and the folks who brought about the Energiewende now what to double-down on green foolishness. Germany’s Energiewende, or German energy transition to renewables, is leading to an insecure supply of energy and is affecting the nation’s economy. Germany plans on phasing out all its nuclear

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Sequel Energy: Act II

You know funding for oil and gas is tight—really tight—when a multi-year low is made in the XOP (S&P Oil & Gas Exploration & Production ETF). The XOP’s collapse in August plumbed depths last seen in February 2016, when West Texas Intermediate (WTI) crude sank to just over $26/bbl. In the recent slump, activity in energy capital markets

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Shale Gas News – October 19, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about the Mountain Valley Pipeline, Gulf of Mexico, Russia and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH

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Schlumberger loses $11.4B amid big pretax charges

The world’s largest oilfield services company surpassed Wall Street expectations on third-quarter revenue, but took a huge hit on the bottom line due to pretax charges, Kallanish Energy reports. Schlumberger reported an $11.4 billion loss on $8.54 billion of revenue during the quarter, a loss per share of $8.22 for common stockholders. One year ago,

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Oil falls as China’s economic concerns outweigh refining

Crude oil prices were lower Friday, as concerns about China’s economy outweighed strong signals from its refining sector, Kallanish Energy learns.  But losses were limited on hopes for progress toward a U.S.-China trade agreement. Brent crude oil futures fell 49 cents, to settle at $59.42 a barrel, while U.S. West Texas Intermediate crude futures lost

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Trump nominates Brouillette to be Energy secretary

President Trump last Friday announced he has nominated deputy energy secretary Dan Brouillette to replace departing energy chief Rick Perry, Kallanish Energy reports. “I am pleased to nominate Deputy Secretary Dan Brouillette to be the new Secretary of Energy. Dan’s experience in the sector is unparalleled. A total professional, I have no doubt that Dan

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Marathon responds to idea of splitting company three ways

Following a New York hedge fund’s recommendation to break Marathon Petroleum into three companies, CEO Gary Heminger and Greg Goff, one of the company’s directors, assured employees “the company intends to continue as a diversified oil and gasoline company,” according to Shale Ohio. Elliott Management, which owns 2.5% of Marathon’s stock, believes the company would be more

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Wanhua, Peak see potential for speed in 3D printed, TPU shoes

Düsseldorf, Germany — Wanhua Chemical Group Co. Ltd. wanted to get a running start on innovation at K 2019, using the show to introduce a 3D printed shoe with Chinese athletic footwear maker Peak Sports. Wanhua, which is based in Yantai, China, is supplying three different grades of thermoplastic polyurethane as a solution for the

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ExxonMobil has sustainable options for PE, PP, Vistamaxx

Sustainability is taking many forms for ExxonMobil Chemical. “We’re helping customers develop sustainable solutuions,” Polyethylene Market Development Manager Adeline Duponchel said Oct. 18 at K 2019. “Now we’re targeting designs for recycling in products like monomaterial pouches.” Duponchel added that, as a resin supplier, Houston-based ExxonMobil can provide several sustainable solutions to its customers, including

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