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Chemicals & Energy: Page 124

World to Consume 25 Percent More Energy By 2040, Exxon Mobil Estimates

Exxon Mobil Corp. expects energy demand to climb 25 percent by 2040 as the global population increases.

Eco-friendly 'Green' Packaging Market Should See Significant Growth Through 2020, Report Says

The global market for green packaging - comprising recyclable, reusable and degradable packaging - is predicted to grow at a combined annual growth rate of more than 7 percent through 2020, according to Technavio.

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Solar PV Sales Expected to Top $1Tr by 2024

Global revenue from solar photovoltaic installations is expected to total more than $1.2tr from 2015 to 2024, according to a report from Navigant Research.

Dunavant Expands Distribution Coverage in Houston

Dunavant, a provider of logistics and supply-chain management services, has expanded its presence in Houston.

Coatings Leader Achieves End-to-End Supply Chain Visibility with OMP Plus

Challenge: A global leader in specialty coatings was going through a multi-system migration and decided to select a state-of-the-art global end-to-end planning and scheduling platform including truck load building. This platform needed to cover 17 production sites, over 200 warehouses, fully integrate with their SAP landscape and support daily use by over 200 global users.

AspenTech Issues New Update of Engineering Software

Aspen Technology Inc. has released enhancements to version 8.8 of its aspenONE Engineering software.

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Growth of 3.6 Percent in 2015 Leads to Chemical Industry 'Renaissance'

The business of American chemistry expanded 3.6 percent in 2015 despite global headwinds that included a strong appreciation of the U.S. dollar and a weakness in several key global markets.

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Rated Chemicals Companies in Latin America Expected to Stay Stable Even With Oil Prices Tumbling

The credit profiles of rated Latin American chemicals companies are expected to remain stable during 2016 despite low petrochemical prices.

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Iran Looks to Triple Its Output of Chemicals Over Next 10 Years

Iran, seeking to triple petrochemicals production capacity within a decade, presented about 60 projects to potential investors at an event with international companies, including BASF SE, the world's largest chemical company by market capitalisation.

Growth in Herbicide Market Expected to Top 6 Percent Through 2020

The global herbicide market was $22.19m in 2014 and is estimated to reach $31.84m by 2020, at a CAGR of 6.2 percent for the forecasted period, according to a report from Research and Markets.

As Rule on Ocean Container Weight Approaches, Many Unprepared to Comply

Retailers, manufacturers and farmers worldwide are protesting a new marine shipping safety rule they say will raise transport costs and cause delays at ports worldwide.

As U.S. Becomes Net Exporter of Natural Gas, 100 Additional LNG Vessels to Be Required

The U.S. is expected to change from a net importer of natural gas to a net exporter, with those exports destined for different regions of the world, especially Asia. It's a development that could see the nation building 100 new ships, a prospect that the Government Accountability Office says could take 30 years.

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