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This company just announced a $2.5B investment into Phillips 66

Activist Elliott Investment Management last week disclosed a stake in Houston-based Phillips 66 valued at more than $2.5 billion, saying that it is pushing...

The next LCA president is down to these three names

The search for the next president of the Louisiana Chemical Association has come down to three names, reports LaPolitics Weekly. According to those involved...

LED opens applications for its Diversity in Entrepreneurship Initiative

Applications have opened for the 2024 Diversity in Entrepreneurship Initiative, a Louisiana Economic Development program targeting accelerated business growth for minority- and women-owned second-stage...

Shaw Group appoints Dan Simpson as new CEO

The Shaw Group recently announced that Dan Simpson has been named its new chief executive officer. Mike Childers, former president & CEO, has been...

Why Shell is taking an impairment hit of up to $2B

Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple...

BP trims executive team as it becomes more integrated

BP is simplifying its organizational structure and trimming its executive leadership team to 10 as it seeks to reduce duplication and complexity in management...

Dow names Heinlein as new site director of Louisiana Operations

Dow has named Wes Heinlein, business manufacturing and technology leader for Dow’s Polyols and Polyurethanes Systems, as site director for its Louisiana Operations in...

Uncertain project economics can put a contractor’s profitability at risk. Here’s how some are...

An industrial contractor’s ability to maintain a healthy profit margin can be tenuous, at best, in an age of fluctuating material prices, rising wages...

ExxonMobil names Eiklor as manager of plastics, resin finishing plants

ExxonMobil has named Laura Eiklor as the new Baton Rouge Plastics Plant and Resin Finishing Plant manager, reports BRProud.com. Eiklor replaces Kristin Thomas-Martin, who...

BASF’s Holland: Digitalization has been challenging but necessary during Geismar mega-project

BASF’s Beth Holland says the digitalization of processes during the current MDI3 expansion project in Geismar has brought some unexpected challenges. As vice president and...

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