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Chemicals & Energy: Page 118

New Tech Promises to Cut Costs, Carbon Emissions in Plastics Manufacturing

A new technology could dramatically reduce the costs and carbon emissions in the manufacturing of the world's plastics supplies, according to researchers from Exxon Mobil and the Georgia Institute of Technology.

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Administration Rolls Out New Fuel-Economy Standards for Trucks

The Obama administration has finalized new fuel-economy standards for large trucks, buses and other heavy-duty vehicles, the latest in a series of efforts aimed at slashing greenhouse gas emissions and weaning the nation from its dependence on fossil fuels.

Slowdown Seen in Crude Oil Shipping

A steep rise in refinery capacity in the Middle East, the world's crude oil production hub, will diminish oil trade growth and with it prospects for tanker shipping, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.

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Website Devoted to Energy Efficiency in Maritime Projects

The IMO has launched Glomeep.imo.org, a website with information about energy-efficient technologies - covering areas such as machinery, propulsion systems, hull improvements and energy recovery.

Market Is Growing for Sand, the Simple But Indispensable Ingredient to Fracking

Amid the gloom and doom that's set in all along America's shale fields these past two years, there has been one small, but consistent, bright spot. Sand.

Market for Chemical Tankers Expected to Slow, Especially for Larger Vessels

Time charter rates in the smaller chemical tanker vessel sizes are expected to remain stable over the next two years, but rates for the larger sizes, especially medium range (MR) vessels, will decline due to the impact of falling clean petroleum products (CPP) freight rates, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.

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LNG Shipping Industry Expected to Need More Vessels

Despite the current weakness in LNG shipping rates, Drewry maintains its bullish long-term outlook for LNG shipping and believes that the market will require more vessels than listed on the current orderbook, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.

So, Maybe Plastic Isn't So Bad for Environment After All?

There isn't a single person in the plastics industry who hasn't been regularly bombarded with concerns from all sides about the environmental costs of plastic production and use. But a new study takes some of the sting out, finding the environmental cost of using plastics in consumer goods and packaging is nearly four times less than replacing plastics with alternative materials.

How Much Would Trade War Hurt Chemicals - 12 Percent of U.S. Exports?

Chemicals contribute to a significant portion of all American exports. According to the American Chemistry Council, the chemicals industry accounts for 12 percent of exports at a value of about $189 billion.

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Thoma Bravo Wraps Up Acquisition of Elemica

Thoma Bravo LLC, a private equity investment firm, has completed its acquisition of Elemica, provider of a supply-chain operating network for the process industries.

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Major Oil Companies See Future Success Lies in Natural Gas

At Australia's Curtis Island, you can see Big Oil morphing into Big Gas.

Administration Turns to Former Wal-Mart Exec to Trim Air Force Energy Costs

Wal-Mart is one of the nation's largest private energy consumers, having to power millions of square feet of store space. So when the Obama administration wanted to cut energy bills for the Air Force - which consumes more energy than any other U.S. agency - it turned to the person who had led similar efforts at Wal-Mart for six years.

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