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BASF to focus on US investments

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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