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Good day! Here are ten things to consider on this second day of February, 2016: 1) Punxsutawney Phil didn’t see his shadow, meaning an early start to spring. (If you are of the persuasion of taking your meteorological tips from a marmot). (I prefer the woolly worm). 2) The duplicitous nature of strong production versus […]
Dow and DuPont announced earlier this month that they would join to create a giant chemical producer that will eventually be split into three independent companies.
An accord may be announced as soon as this week, said the people, who asked not to be identified because the information is private.
The proposed plant would take advantage of cheap shale natural gas to manufacture monoethylene glycol, which is a building block of many plastics.
A Petrochemical Update report with the American Petroleum Institute noted more than 70 percent of U.S. capital projects since 2002 have failed to meet all of their performance goals.
The bountiful ethane that comes from natural gas liquids and U.S. shale production would become more scarce, according to the IHS report. Ethane is used to make ethylene, which which is the main building block for plastics.
The global oil slump is striking the upstream sector at a critical moment for downstream companies as they scramble to address a growing problem of a lack of qualified middle-management workers rising through the ranks, according to a new analysis by executive search firm Proco Global.
Dow Chemical at OTC: New technology is helping oil companies recycle all of that fracking waste water
New technological advances have allowed oil companies to more easily convert drilling waste water to get reused in the oil patch, said Larry Ryan, president of Dow Chemical’s energy and water solutions business in an interview with Fuel Fix at the company’s booth at the Offshore Technology Conference.
Craft laborers require years of training, but the industry has failed to consistently invest in developing that workforce, leading to a worker shortage plaguing the petrochemical building spree.
Dow has been under pressure from the hedge fund Third Point LLC to split its specialty chemical and petrochemical businesses.