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US crude oil export ban should be lifted, Chamber of Commerce says

The pressure on the federal government to lift the ban on U.S. crude oil exports is building, after the U.S. Chamber of Commerce joined the long list of industry groups, trade bodies and organizations that are demanding an end to the restriction.
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North Dakota train accident will not affect rail movements of crude, analysts say

While the North Dakota incident might lead to increased regulatory scrutiny, experts believe that it will not significantly affect the use of rail as a means of transporting oil.
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US plastic foams industry reverses decline, starts to recover

Following several years of subdued demand, the U.S. plastic foams industry is set to recover and start expanding over the years through 2017.
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Fracking-related water contamination confirmed in several states

At least three states -- Pennsylvania, Ohio and West Virginia -- have confirmed water pollution in response to complaints related to hydraulic fracturing operations.
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Federal agencies propose measures to improve chemical plant safety

Following the deadly blast at the fertilizer plant in April that killed 15 people and injured hundreds, President Obama requested a plan to prevent similar incidents and mitigate their impact.
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BASF to focus on US investments

German chemical giant BASF recently announced that it is moving a significant proportion of its production and research projects across the Atlantic.
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BP completes Whiting refinery modernization with new coker unit

BP has completed the upgrade of its Whiting facility in Indiana with the commissioning of a new coker that will process more Canadian oil sands crude and generate an extra $1 billion of operating cash flow per year.
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Report predicts growth in sedimentation, centrifugation global markets

The global market for centrifuges, clarifiers and related equipment will grow by 6.5% in 2014, bringing the total revenue to $7.3 billion.
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US chemical industry to spend $68.7 billion on R&D by 2018

U.S. chemical output is projected to increase by 2.5 percent in 2014 and by 3.5 percent in the following year.
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Increase in durable goods orders points to economic growth

The U.S. Commerce Department stated that durable goods orders rose by 3.5 percent in November, with increased demand for a wide range of products, including electronic goods, computers, aircraft and machinery.
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