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Chemicals & Energy: Page 132

DB Schenker Teams With TÜV Rheinland on Transit Damage Detector

DB Schenker has partnered with TÜV Rheinland, a solar industry testing company, to develop a new system for detecting transit damage sustained by photovoltaic modules.

Growth of Solar, Wind Industry to Increasingly Rely on IoT-based Technologies

ABI Research expects IoT-connected wind and solar installations to grow at a CAGR of 21 percent between 2014 and 2020 with the total number of connections growing from the almost 2 million in 2014 to 6.3 million in 2020.

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Automakers to Vastly Increase Plastics in Cars, Triple Carbon Fiber in Vehicles

By 2020, the average car will incorporate nearly 350 kg of plastics, up from 200 kg in 2014, according to analyst IHS Chemical. Meanwhile, the market for carbon fiber in car manufacturing will increase to 9,800 tonnes in 2030, up from 3,400 tonnes in 2013.

Fighting in Yemen Threatens Highly Important Sea Lanes Used for Oil Transportation

Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly four million barrels of oil are shipped daily to Europe, the United States and Asia.

DHL Expands Operations in Houston for Oil and Gas

DHL has expanded operations in Houston, with the opening of a new service center.

Decline in Oil Prices Aids Dry Cargo Growth, But Harms Project Cargo Shipping

Global dry cargo demand growth, forecast at 5 percent per annum from 2016 to 2019, should be offset by falling project cargo volumes over the next 12 to 18 months, according to the latest edition of the Multipurpose Shipping Market Review and Forecaster, published by Drewry Maritime Research.

Will Latin America, U.S. Manufacturers Doing Business There Suffer if Oil Prices Continue to Be Depressed?

The consensus among analysts is that cheaper oil should be broadly neutral for Latin American countries in general, with clear winners and losers. Their expectation is that net oil exporters will suffer from lower oil prices and net oil importers will benefit. Although we can agree with that general short-term diagnosis, it is predicted that a sustained period of lower oil prices will have a net negative impact on Latin America and on the prospects of U.S. manufacturing companies doing business in the region.

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CEVA Logistics Opens New SE Asia Headquarters in Singapore

CEVA Logistics has opened a new Southeast Asia headquarters at West Hub, its largest facility in Singapore.

UPS Extends Special Commodities Program to 20 Destinations

UPS has expanded its International Special Commodities (ISC) program with the addition of 20 destinations.

Safety Guidelines Issued for Reusing Plastic Packaging for Food, Perishable Products

The Reusable Packaging Association has issued comprehensive protocols to ensure the continued safe use of reusable plastic containers (RPCs) for fresh and perishable products in the supply chain. The guidelines encompass washing, handling, storing, packing, displaying and collecting RPCs. They also include rigorous and defined Hazard Analysis & Critical Control Points (HACCP), and hourly, daily, monthly, and quarterly microbiological testing.

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Rates Expected to Continue to Drop This Year in Chemical Tanker Shipping

Chemical tanker shipping faces another challenging year of falling freight rates in 2015, but the trade is expected to recover next year, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.

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Betting Big on Natural Gas, Dow to Invest $6Bn in Expanding Its U.S. Manufacturing Plants

Dow Chemical is investing $6bn to enlarge its manufacturing facilities in the United States by 40 percent, based on a wager that low natural gas prices here will persist into the middle of the next decade, a Dow executive said recently.

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