PPC Flexible Packaging LLC is expanding, again, with a deal for a Texas-based company. Buffalo Grove, Ill.-based PPC acquired Popular Ink LLC, a McKinney, Texas, printer and converter of flexible films, bags and pouches. This is PPC’s fifth acquisition since 2017. “PPC’s combination with Popular brings our enterprise deep experience in high growth markets and
Read More...Flexible packaging maker Polykar Inc. is adding a new blown film line that will expand production by 7 million pounds. The Windmöeller & Höelscher Optimex line is the third such machine at the company’s facility in Saint-Laurent, Quebec. The C$3 million (US$2.2 million) project brings annual production of multilayered film to 22 million pounds. The
Read More...Asahi Kasei Corp. Honorary Fellow Akira Yoshino has been chosen for the 2019 Nobel Prize in Chemistry in recognition of his achievements in the research and development of the lithium-ion battery. He will share the prize, worth around 1.16 million euros ($1.27 million), equally with John B. Goodenough of the University of Texas at Austin and
Read More...New statistics show that Canadians like their weed and like to recycle. OK. New statistics actually do not definitively show how much Canadians like their weed and like to recycle. That was just fun to write. But new statistics show that Canadians have recycled more than 1 million pieces of plastic cannabis packaging during the
Read More...Here’s a snapshot of energy deals from the past week including the $1 billion all-cash acquisition of Roan Resources and Contango’s takeover of White Star Petroleum. HartEnergy.com Wed, 10/09/2019 – 11:00 AM This post appeared first on Hart Energy.
Read More...Upstream companies can save as much as $100 billion through automation and digitalization initiatives in the 2020s, according to a new report by Rystad Energy. The report says service companies are reinventing themselves to help operators unlock the savings. In 2018, more than 3,000 companies in the upstream space spent $1 trillion on operational expenditures,
Read More...Woodland Midstream II LLC has acquired the James Lake System from a privately-owned seller for an undisclosed amount. James Lake represents a fully integrated sour gas gathering, treating and processing system with about 230 miles of pipeline, 110 million cubic feet per day of processing capacity and 35,000 horsepower of owned compression that serves producers
Read More...West Rockhill Twp, Bucks County West Rockhill Township in Bucks County, PA (near Philadelphia) has waged a legal battle to prevent a natural gas compressor station from being built as part of the Adelphia Gateway project, a plan to convert an old oil pipeline stretching from Northampton County, PA through Bucks, Montgomery, and Chester counties,
Read More...Donald M. “Blue” Jenkins Beauty (and truth) is in the eye of the beholder. During the proxy fight earlier this year to control EQT’s board–and ultimately its management team–Toby Rice threw some sharp barbs including talk that EQT’s existing management was not up to the task of effectively running the company. The Rice boys said
Read More...Talk about disingenuous political posturing by a couple of pompous windbags. Massachusetts’ two U.S. Senators, Elizabeth “Pocahontas” Warren and Ed “Lackey” Markey have introduced a bill in Congress to block the construction of a single pipeline compressor station–slated to be built in Weymouth, Mass. They even made up a catchy name for their bill: the
Read More...We have an ongoing problem. Some of the more radical protesters in the “environmentalist” movement–those who tend toward anarchy–illegally enter work sites for pipelines and other fossil fuel infrastructure under construction, and block the work being done in an attempt to cost companies money. Typically they chain themselves to a piece of equipment with a
Read More...There is an ongoing question of whether or not the Ohio Marketable Titles Act (MTA), which impacts Utica shale rights, can be used to return previously severed mineral rights back to a surface landowner, or whether the MTA is superseded by Ohio Dormant Minerals Act (DMA). In February, Ohio’s Seventh District Court of Appeals said
Read More...Location/Play Seller Agent BidDue Date TX, Ward County (Permian/Delaware Basin) MORE Chevron U.S.A. Inc. EnergyNet 10/9/19 MT & ND (Williston Basin/Bakken) MORE Encana Oil & Gas (USA) Inc. Eagle River Energy Advisors LLC 10/9/19 NM, Lea County (Permian/Delaware Basin) MORE EOG Resources Inc. Detring Energy Advisors 10/9/19 TX, Reeves County (Permian/Delaware Basin/Wolfcamp Shale) Lee Partners
Read More...Royal Dutch Shell’s chief executive took aim beyond the energy sector to call on leaders of other industries including aviation, shipping and steel to jointly draw up plans to tackle greenhouse gas emissions. Ben van Beurden also warned on Oct. 9 that energy companies that do not collaborate in the fight against climate change under the 2015 Paris agreement risk going out
Read More...The 2020 Chevrolet Corvette Stingray that General Motors Co. unveiled in July has a curved, multihollow pultruded carbon fiber bumper beam. It’s a first for the automotive industry, according to Shape Corp., the Grand Haven, Mich.-based Tier 1 supplier that engineered and manufactured the part. “It’s groundbreaking,” said Toby Jacobson, plastic materials and process manager
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