05302017Tue
Last updateFri, 26 May 2017 2pm

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The Future of Coal: Efficiency Over Politics?

The Future of Coal: Efficiency Over Politics?

Many changes in the power industry have ...

Valve World Americas Event Set for June 20-21

Valve World Americas Event Set for June 20-21

End users, distributors, EPC/AEC personn...

Water Hammer

Water Hammer

Water hammer is a shock wave transmitted...

Turning the Tables on Valve Corrosion

Turning the Tables on Valve Corrosion

Multiple valve manufacturers and users w...

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Industry Headlines

Emerson Acquires MYNAH Technologies

5 DAYS AGO

Emerson has completed the purchase of MYNAH Technologies, a long-time Emerson alliance partner. The addition of MYNAH will help support Emerson Automation Solutions and its Operational Certainty program. Terms of  the acquisition were not disclosed.

MYNAH software is currently in use at more than ...

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Roger Fix Named Chairman of Flowserve

6 DAYS AGO

In its most recent annual meeting, Flowserve announced that Bill Rusnack and Lynn Elsenhans have retired as members of the board of directors. Flowserve also announced that board member Roger Fix has been elected to replace Rusnack as chairman.

"Bill and Lynn provided years of distinguished service to ...

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Oil-Fired Plants Provide Small Amount of U.S. Electric Capacity, Generation

4 DAYS AGO

According to the U.S. Energy Information Administration , roughly 70% of petroleum-fired electric generating capacity that still exists today was constructed prior to 1980. Utility-scale generators that reported petroleum as their primary fuel comprised only 3% of total electric generating capacity at...

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ExxonMobil, SABIC Agree on Proposed Petrochemical Project

6 DAYS AGO

Affiliates of Exxon Mobil and SABIC (Saudi Basic Industries Corporation) signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project in Texas and begin planning for front-end engineering and design work. The agreement was signed during the Saudi-US CEO Forum in R...

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Kansas City Fed Manufacturing Survey Shows Expansion in May

3 DAYS AGO

Tenth District manufacturing activity continued to expand at a moderate pace in May, and expectations for future activity increased strongly. Price indexes were mixed, but recorded little change overall. The month-over-month composite index was 8 in May, up from 7 in April but down from 20 in March.

Ac...

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Business Borrowing for Capital Investment Up 8% in April

4 DAYS AGO

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for April was $7.9 billion, up 8% year-ov...

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Dow and Other U.S. Petrochemical Companies Continue Their Long Term Move Offshore

Dow's closing of their ethylene and derivatives plants in Hahnville, Louisiana is simply another move in the long term flight from domestic production which began in the early 1980s.  What the article implies is that Dow's move is the result of competition from foreign producers, but fails to mention that Dow (and all of the other major domestic petrochemical producers) are joint venture partners in these new ethylene complexes in the Middle East and Asia. 

 

Source: GKG Group

 

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