PPG to sell Lake Charles manufacturing facility to Quemetica
PPG reached an agreement with chemical maker Qemetica to sell its silica products business for approximately $310 million, according to an Aug. 29 press release.
The...
How Baton Rouge area industry leaders feel about the future
The Greater Baton Rouge Industry Alliance’s newly released Q3 economic outlook survey shows that the association’s members expect capital spending, hiring and production to increase, though...
ExxonMobil profits surge in second quarter
ExxonMobil banked one of its highest profits for a second quarter—bolstered by record production in the Permian Basin and Guyana—as it stretched its lead...
BASF stays the course despite flat earnings
BASF backed its full-year outlook despite posting flat second-quarter earnings after cost-saving measures offset a decline in sales due to lower prices across all...
CF Industries’ Donaldsonville plant plays role in first ship-to-ship ammonia transfer
Trafigura Group has completed its first ship-to-ship (STS) transfer of ammonia using approximately 6,000 metric tons of the product from CF Industries' Donaldsonville manufacturing...
Environmental advocates push DEQ not to renew Formosa project’s air permit
Environmental law advocates have asked the Louisiana Department of Environmental Quality not to renew the air permits for a planned Formosa plastics manufacturing facility...
LAIA, SWLA Women in Industry launch scholarship program for women
The Lake Area Industry Alliance and Southwest Louisiana Women in Industry are partnering to give scholarships to young women interested in STEM fields, reports...
What a hyperactive hurricane season means for Louisiana’s oil and natural gas industry
The National Oceanic and Atmospheric Administration on Thursday issued its most aggressive Atlantic hurricane season forecast on record.
Due to near-record water temperatures and the development...
Could a tax on foreign oil replace Louisiana’s income tax?
A member of the Louisiana public service commission has proposed eliminating the state income tax to replace it with one on foreign oil processed...
Earnings growth slows for ExxonMobil, Chevron
ExxonMobil and Chevron’s record-setting results run is tapering off, thanks to anemic natural-gas prices and refining margins.
The oil-and-gas companies combined banked $13.7 billion in...
