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Think Tank
Chemicals & Energy: Page 125
Downward Trend in LPG Shipping Rates Expected to Continue
LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for VLGCs - very large gas carriers - fuels fleet growth that will far exceed shipping demand, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.
As Crude Oil Supplies Mount, Tanker Shipping Rates Decline
Tanker shipping rates are set to decline from current highs in 2016 as the trade in crude oil is forecast to decline due to ample stocking, and the fleet is expected to expand briskly, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
RFID Tags, Readers ID Locations of Thousands of Workers at Giant Chinese Nuclear Power Plant
The Qinshan Nuclear Power Plant, part of the China National Nuclear Corp., has deployed a system that uses passive ultrahigh-frequency RFID tags and readers to identify the locations of thousands of workers, according to zone, as well as help locate individuals in the event of an emergency and prevent anyone from entering unauthorized areas.
By 2024, Sales of Vehicles Powered by Fuel Cells Could Top 228,000, Study Finds
Annual sales of fuel cell vehicles, both passenger cars and buses, are expected to exceed 228,000 by 2024, according to a report from Navigant Research.
Growing Exports of U.S., Mideast Methanol to Heavily Impact Chemical Shipping World
New U.S. and Middle East methanol production capacity being added over the next two years will have serious implications for chemical shipping trade flow patterns, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
On Your Mark, Get Set, Print Your Plastic Car - Go!
One of the most atypical things seen this year at the Specialty Equipment Market Association show was a prototype of a 3D printed car from the company Local Motors.
Green America Creates Center for Sustainability Solutions
Green America, an organization promoting sustainable economic activities, has created a Center for Sustainability Solutions.
Panasonic Creates Toughbook 20, Rugged Detachable Laptop
Panasonic has created what it says is the world's first fully rugged detachable laptop.
Shale Resins Stimulating Development, Employment Increases in Plastics Industry
Shale-advantaged resins are affecting job growth in the plastics industry in a big way, according to Martha Moore, senior director, Policy Analysis and Economics, for the American Chemistry Council.
Use of Plastics in Light Vehicles Grows From Average of 20 Pounds in 1960 to 329 Today
The use of plastics in the production of light vehicles is continuing to grow, with more than $18.1bn worth of finished automotive plastic products incorporated into vehicles assembled in the U.S. and Canada last year, the American Chemistry Council (ACC) said.
Without Government Support, Is There Wind in Renewable Energy's Sails?
In 2016, the U.S. will learn if renewable energy can survive without government support. The most significant tax credit for solar power will expire at the end of 2016, and the biggest one for wind already has.
Nixing of Keystone Pipeline Could Be Boon for Railroad Transport
President Obama's decision to reject the Keystone XL pipeline could come with a heavy side of tank cars. Canadian energy companies need about a dozen crude-laden trains each day to replace the volume of oil that could have been transported through KXL.
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