Industry News

Caithness Energy secures financing for $1.6B Guernsey Power Station

Caithness Energy recently announced it has successfully secured financing for the construction for the $1.6 billion Guernsey Power Station, according to ConstructionEquipmentGuide.com. With financing, the 1,875-megawatt combined-cycle natural gas electric generating facility can move forward to construction. Caithness partnered with Apex Power Group to develop the project in the heart of the Utica and Marcellus

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Old News: MSNBC Struggles to Revive Failed #ExxonKnew Campaign

Its been a long time since we have seen a news outlet prop up the failing #ExxonKnew campaign, but MSNBC did its best last night. The segment, featured on “All in With Chris Hayes,” included commentary from the usual cast of anti-fossil fuel and anti-ExxonMobil activists: InsideClimate News reporter Neela Banjeree, and Harvard researchers Naomi

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NAI OHIO RIVER CORRIDOR’S BRYCE CUSTER COMPLETES SALE OF LAWRENCE COUNTY INDUSTRIAL PROPERTY

NAI OHIO RIVER CORRIDOR’S BRYCE CUSTER COMPLETES SALE OF LAWRENCE COUNTY INDUSTRIAL PROPERTY Bryce Custer, SIOR, CCIM Principle of NAI Ohio River Corridor completed the sale of industrial acreage in Ironton, Ohio. This industrial property was purchased by the Lawrence County Economic Development Corporation (LEDC).  This property will be made available to companies looking to

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Natural gas production expects increase from 7 basins/plays in US

The Energy Information Administration projects natural gas production in the seven most productive basins and plays in the U.S. to rise 469 million cubic feet per day (Mmcf/d) from September to October, according to Kallanish Energy. Gas production will increase to more than 82.36 billion cubic feet per day (Bcf/d), up from 81.89 Bcf/d in

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TC Energy’s Marketlink Oil Pipeline Shut As Flooding Disrupts Operations At Gulf Coast Terminals

TC Energy Corp.’s Marketlink oil pipeline from Cushing, Okla., to Nederland, Texas, was shut as flooding disrupted operations at U.S. Gulf Coast terminals, traders familiar with the matter said on Thursday. Dangerous flash floods inundated parts of southeastern Texas on Thursday as Tropical Depression Imelda dumped the last of its rains, with the National Hurricane

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NAI OHIO RIVER CORRIDOR’S LAURIE STANBRO COMPLETES SALE OF COLUMBIANA COUNTY INDUSTRIAL PROPERTY

NAI OHIO RIVER CORRIDOR’S LAURIE STANBRO COMPLETES SALE OF COLUMBIANA COUNTY INDUSTRIAL PROPERTY Laurie Stanbro, VP of Brokerage Operations for NAI Ohio River Corridor completed the sale of a craned industrial facility in Leetonia, Ohio. The Columbiana County property was the former industrial offices and warehouse for Polychem OMS Systems, LLC.   Stanbro also assisted the

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Polynt-Reichhold to invest in intermediate production in the Americas

Carpentersville, Ill. — Thermoset and composite materials supplier Polynt-Reichhold Group plans to invest in local production of maleic and phthalic anhydride intermediate chemicals in the Americas. The company said the investment will allow it to expand the integrated business model that it already uses in Europe and Asia. President and CEO Rosario Valido said the

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Ascent receives four more permits in Utica-Point Pleasant shale

Four permits for drilling in the Utica-Point Pleasant shale were issued to Ascent Resources Utica by the Ohio Department of Natural Resources in the week ended Sept. 14, according to The Youngstown Business Journal. Ascent Resources received two permits for drilling in Belmont County and two for Harrison County. The final permit issued in the

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Plastics industry at ‘tipping point’ says Coke exec

Chicago — Plastics are in a state of emergency, Penny Walter says. As senior category manager for strategic procurement sourcing — closures in North America for Coca-Cola Co., Walter sees the situation facing the industry up close and personal. “We are under attack as the plastics industry for single-use bottles, for beverage containers. There’s a

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Structural composites maker Plascore invests $6M in Michigan expansion

Composite products manufacturer Plascore Inc. is expanding its U.S. headquarters site in Zeeland, Mich., with a $6 million, 80,000-square-foot facility that will create 35 jobs. Founded in 1977, the company produces composite panels and honeycomb cores for the aerospace, building products, ground transportation, marine, military and recreation industries. The panels and cores increase structural strength

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Analyst: Why The Country Can’t Quit Hydraulic Fracturing ‘Cold Turkey’

Democratic presidential candidate Elizabeth Warren recently said, if elected, she would call for an immediate nationwide ban on hydraulic fracturing. Other candidates have hinted at similar positions. According to Michael Cemblest of JP Morgan Asset Management, who says it doesn’t matter, it’s what it may mean that is important. “The United States has undergone an

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