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Processing e-News

Shell looking to sell $1 billion stake in Gulf Coast pipeline

January 31, 2014
Royal Dutch Shell Plc is reported to be looking for a buyer for its stake in a major crude oil pipeline in the Gulf of Mexico, seeking offers worth approximately $1 billion.
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Sales of specialty, high-performance films to generate $42.2 billion by 2019

January 29, 2014
The increase in value will come as demand rises to 12.2 million tons from 8.3 million tons in 2012, which translates into annual growth of 5.7%.
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Revenues from 'smart water management' solutions to top $12 billion in 2018

January 29, 2014
The smart water management solutions category includes, among others, enterprise asset management for water and wastewater utilities, monitoring of water distribution networks, advanced pressure management, meter data management and residential water efficiency software.
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Another Ranbaxy facility lands on FDA blacklist

January 29, 2014
The U.S. Food and Drug Administration (FDA) has added Ranbaxy's Toansa plant to the list of Indian facilities included on the consent decree dated January 2012.
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PepsiCo unveils $5 billion investment program for Mexico

January 29, 2014
PepsiCo said it would spread the spending over five years, focusing on four key areas: innovation and brand building, infrastructure, agriculture and community
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Food preservatives market to reach $2.7 billion in 2018, analysts predict

January 28, 2014
The key growth drivers are rising demand for natural foods and safety issues where processed products are concerned.
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Study dispels myth about disproportionate wastewater production from fracking wells

January 28, 2014
Natural gas wells where hydraulic fracturing is used generate less wastewater per unit of gas recovered compared to conventional wells.
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TransCanada ponders rail shipments if Keystone XL pipeline gets rejected

January 27, 2014
If the Keystone project is rejected, TransCanada will move on to build rail terminals in Alberta and Oklahoma and will start shipping by rail, its CEO Russ Girling said.
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One-third of US consumers reduced red meat consumption in 2013

January 27, 2014
Health concerns are the top motivator for cutting down on red meat as Americans seek to reduce their fat and cholesterol intake.
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UK offshore exploration facing crisis, industry body warns

January 27, 2014
UK Continental Shelf exploration is in a "parlous state," according to experts, and the downward trend has persisted since 2011, when the number of wells drilled slumped by 50%.
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