Baker Hughes, a GE company (BHGE) has successfully
changed its name
to Baker Hughes Company. The company will be known as Baker Hughes and on Oct. 18, 2019 its Class A common stock began trading on the New York Stock Exchange under the symbol “BKR”.
EnPro Industries has closed the acquisition of LeanTeq Co., Ltd., a privately held, Taiwan-based company. EnPro
announced an agreement to acquire LeanTeq on July 22, 2019. LeanTeq will become part of EnPro’s Sealing Products segment and be
into its Technetics division.
As U.S. crude oil export volumes have increased to an average of 2.8 million barrels per day (b/d) in the first seven months of 2019, the number of destinations (which includes countries, territories, autonomous regions, and other administrative regions) that receive U.S. exports has also increased....
The Center for the Polyurethanes Industry (CPI) has released the results of a two-year survey on the polyurethanes industry in the U.S., Canada and Mexico. The
2018 End-Use Market Survey on the Polyurethanes Industry in the U.S., Canada and Mexico
that polyurethane production rose to over 9 billi...
The Conference Board Leading Economic Index (LEI)
(0.1%) in September for the second consecutive month. New orders for manufactured goods continued to be a drag on the LEI, with building permits and the interest rate spread also negatively impacting activity in September. However, the streng...
Industrial production fell back 0.4% in September after advancing 0.8% in August. For the third quarter, industrial production rose at an annual rate of 1.2% following declines of about 2% in both the first and the second quarters.
Manufacturing output fell 0.5%
in September but rose at an annual rate...