Cheap and abundant feedstocks, a booming economy, tax breaks and improved investment capital have led to even more investment in the U.S. petrochemical market. While the growth is spectacular for corporate earnings and regional market dependence, the need to address worsening transportation and infrastructure issues is imperative. × Supply chain challenges are already slowing down
Read More...The $11bn worth of tariffs on U.S. chemical and plastics exports enacted by China put almost $18bn in U.S. economic activity at risk along with nearly 55,000 US jobs, the American Chemistry Council (ACC) said. × Punitive measures imposed on China because of the U.S. Section 301 investigation have incited retaliatory tariffs on $11 billion
Read More...Enterprise plans to develop an offshore crude oil export terminal off the Texas Gulf Coast, which will be capable of fully loading supertankers, or Very Large Crude Carriers (VLCC), signaling the next phase in the U.S. journey to becoming a major energy exporter. × Enterprise has started front-end engineering and design (FEED) and is preparing
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Ohio Valley Oil & Gas Association (OVOGA) will partner with Bellaire Harbor Services to offer their annual River Boat Tour. Come and check out some of the economic development on the Ohio River, FROM THE RIVER!! Thursday September 20, 2018. Boarding will begin at 12:45pm in Moundsville, West Virginia and the tour will conclude at
Read More...Prior to the start of the 2018 WV Chamber of Commerce Business Summit sessions Friday, IOGAWV representatives had a chance to converse with the state’s legislative leadership. Pictured from left are Jim Fealy, with the Law Offices of Philip A. Reale, newly elected West Virginia House Speaker Roger Hanshaw, West Virginia Senate President Mitch Carmichael
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CANTON, STARK COUNTY, OHIO – August 2018 Leon McCombs, Commercial Real Estate agent with NAI Spring represented the buyer in the purchase of an industrial facility in Massillon, OH. McCombs represented Custer Products, LTD in the purchase of the 30,000+/- sqft facility at 1320 Sanders Ave SW. The facility had been the former location of
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CANTON, STARK COUNTY, OHIO – August 2018 Teamwork and Collaboration at NAI Spring Commercial Realty results in multi-use investment property sale. “It took a team effort to juggle multiple tenants at the North Canton property in a limited amount of time” according to Dan Spring, SIOR and President of NAI Spring. “The end result worked
Read More...IOGAWV Executive Director Charlie Burd, along with other IOGAWV members, is speaking at the 2nd Annual Appalachian Basin GPA Midstream (ABGPA Midstream) Conference on Thursday, September 20th. Burd will be part of the O&G Associations Panel, Steve Hedrick of MATRIC is giving an update on the Appalachian Storage and Trading Hub, David Marks of Dominion
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Read More...Please read these samples of the media coverage from the Summer Meeting. From the West Virginia News:The opening of the Independent Oil and Gas Association of West Virginia’s summer meeting early Monday continued the organization’s push to promote what current President Marc Monteleone said are great opportunities in the natural gas and oil industry in
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July/August 2018 / Vol 8 Issue 5 Top Site Selection Criteria: Employees By: Kelly Sober, Director of Operations at NAI Spring Commercial Realty The season of trade shows, conferences and expos is here. These conferences provide a great opportunity to interact with upstream, midstream and downstream professionals discussing their commercial real estate needs. Discussion
Read More...While US petrochemical companies prepare to export more chemicals than ever before, a new report found that supply chain budgets are surging as the industry catches up to the profound downstream growth. × Supply chain budgets will be increasing over the next five years, at least 90% of buyers said in a recent Petrochemical Update
Read More...Land-locked oil producers are running out of options to get key feedstock to market as pipeline and rail capacity fills up and the truck driving shortage intensifies. × While downstream producers grow concerned about getting key feedstocks, a squeezed supply chain means costs for getting end-product petrochemicals to customers are also increasing, an analyst told
Read More...Our pick of the latest petrochemical news you need to know × ACC requests US remove $2.2 bn of chems from tariff list The U.S. risks losing thousands of jobs and billions of dollars in chemical investments by not excluding $2.2 billion worth of chemicals and plastic products from its second list of tariffs against
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