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Processing e-News

US chemical industry to spend $68.7 billion on R&D by 2018

January 7, 2014
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

January 6, 2014
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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API: US oil, gas industry invested $153 billion in drilling in 2012

January 6, 2014
U.S. oil and gas companies invested about $153.7 billion in drilling operations in 2012, working on an estimated 46,736 wells, according to the latest Joint Association Survey on Drilling Costs.
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Colombia's petrochemical sector sees poor output performance in 2013

January 6, 2014
Colombian market conditions are expected to improve in 2014, leading to growth in industrial production and better performance of petrochemicals-consuming sectors.
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FDA proposes rule to protect food supply chain

January 6, 2014
The proposal outlines a preventive strategy that will protect the U.S. food supply chain from serious public health risks.
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Fracking company to pay record fine for Clean Water Act violations

December 31, 2013
U.S. fracking company Chesapeake Energy has been hit with the largest civil penalty ever imposed for water contamination.
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US pork production remains stable in 2013

December 30, 2013
The United States is predicted to produce a total of 23.22 billion pounds of pork in 2013, which is just 0.1 percent down on the amount produced in 2012, new figures from the U.S. Department of Agriculture show.
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US demand for refined petroleum products goes up in November

December 30, 2013
Demand for petroleum products in the United States increased by 4.9 percent in November compared to the same month in 2012, reaching an average of 19.4 million barrels per day.
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Fire injures 18 at Axiall's Louisiana chemical plant

December 30, 2013
Axiall said the incident happened in the vinyl chloride manufacturing area at the plant. The cause of the explosion is not known and the investigation is still ongoing.
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Shell ponders new ethane cracker in Pennsylvania

December 30, 2013
After giving up plans to build a new gas-to-liquid plant in Louisiana, Shell is considering buying additional land in Pennsylvania to construct a large petrochemical complex.
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