Clean Hydrogen Works taps McDermott as designer of Ascension Parish ammonia project
Clean Hydrogen Works announced on Thursday that it had awarded McDermott the front-end engineering and design (FEED) contract for the Ascension Clean Energy (ACE)...
Low U.S. natural gas prices are fueling Louisiana’s chemical boom
Louisiana’s chemical sector continues to benefit from one decisive advantage: natural gas prices that significantly undercut those in Europe and Asia.
That’s according to economist...
This Louisiana steel fabricator just announced a $25M expansion
St. Helena Parish-based Southland Steel Fabricators Inc. announced Monday that it is investing $25 million to add 100,000 square feet of production space and...
BASF is launching a new strategy to boost earnings
In an effort to boost earnings, BASF is cutting its annual dividend and is considering shedding noncore assets like its agricultural chemicals business, The Wall...
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...
