Production & Industry news

• U.S. Solar Manufacturers Sound Alarm on 'Unfair' Trade Practices

  29-04-2024 08:55 via industrialinfo.com
  April 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The politics surrounding the market for solar components is heating up again, after two major trade groups representing numerous solar players filed of a set of antidumping and countervailing duty petitions with the U.S. International Trade Commission (USITC) and the U.S. Department of Commerce. The parties are asking the government to investigate potentially illegal trade practices by Cambodia, Malaysia, Thailand and V
  
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• United Arab Emirates Takes Slice of U.S. LNG Pie

  21-05-2024 08:55 via industrialinfo.com
  
  May 21, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The United Arab Emirates will become a minority partner in a proposed export facility for liquefied natural gas (LNG) in Texas after securing a deal with developer NextDecade (NASDAQ:NEXT) (Houston, Texas).
  
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• AES Readies to Meet Heavy 2024 Demand with Wind, Solar Buildouts

  21-05-2024 08:55 via industrialinfo.com
  
  May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. power demand is expected to increase significantly over the next decade, fueled by the growing markets for electric vehicles (EVs) and data centers, and AES Corporation (NYSE:AES) (Arlington, Virginia) believes it can meet a significant share of the challenge through wind, solar and battery energy-storage system (BESS) projects that will cater to high-demand areas, or even individual facilities.Industrial Info is tra
  
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• Rains Dampen Canadian Wildfire Risk

  21-05-2024 08:45 via industrialinfo.com
  
  May 21, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Recent rains have lowered the threat from wildfires in oil-rich Alberta, with provincial officials lifting many of the emergency alerts. IIR has seen little impact on the energy sector.Wildfires raging in British Columbia and in neighboring Alberta triggered air quality alerts in two U.S. states last week, prompting concerns about seasonal activity at the start of the regional fire season.
  
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• Montana Sees Nearly $1 Billion in Projects Under Construction

  21-05-2024 08:45 via industrialinfo.com
  
  May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--While Montana may be better known for its big sky than its industrial activity, the state is nevertheless home to some high-dollar project spending, coming in at nearly $1 billion.While a power generation project tops the list of biggest industrial projects underway in the state, several remediation and cleanup projects at former smelters and mines make the Metals & Minerals Industry the state's highest spender.Compan
  
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• Europe's Green Hydrogen Targets 'Impossible'

  21-05-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 21, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The European Union's (EU's) target for green hydrogen production has been labeled "impossible" by the chief executive officer of French energy major, TotalEnergies SE (NYSE:TTE) (Courbevoie, France).
  Within this article: Details warnings that EU's green hydrogen targets are impossible to hit, reasons, claims, additional sources
  
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• Data Centers Fuel Africa's Digital Leap: Region Witnesses an Investment Surge

  21-05-2024 07:58 via industrialinfo.com
  
  NEW DELHI--May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Evolving beyond their role of data repositories, data centers have transformed into intricate ecosystems enabling data processing and analysis. The current increase in demand for data centers can be attributed to numerous factors, including an expanding digital economy, enhanced broadband connectivity and skyrocketing demand for cloud-based services. Industrial Info is tracking more than 360 active capital spen
  
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• China's Growing e-Commerce Drives Investment in Logistics Parks

  21-05-2024 07:50 via industrialinfo.com
  
  BEIJING--May 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--With an annual growth rate of 21%, China leads the global e-commerce market, prompting the development of logistics-related infrastructure and efficient delivery networks across the country. Consequently, China's logistics parks market is witnessing heavy investments to handle the storage, processing and distribution of goods on a large scale.
  
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• Ibiden Graphite Korea Company Invests in Plant Expansion

  21-05-2024 07:03 via industrialinfo.com
  
  May 21, 2024--KOFU, JAPAN--Researched by Industrial Info Resources (Sugar Land, Texas)--Ibiden Graphite Korea Company plans to invest in expanding the production capacity at its Pohang factory in South Korea. This expansion is driven by the growing demand for advanced semiconductors, spurred by innovations in smart manufacturing and generative artificial intelligence. One of their main products, isotropic synthetic graphite, is a crucial material used in crucibles and heaters during the silicon
  
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• BLM Land Use Decision Could Mean Beginning of the End of Coal Mining in Powder River Basin

  20-05-2024 08:55 via industrialinfo.com
  
  SUGAR LAND, TEXAS--May 20, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Republican elected officials and a representative of the coal industry blasted the Biden administration's draft final land use plans that would prohibit new federal leases for coal mining in the Powder River Basin (PRB), which stretches across Montana and Wyoming.Even one Democrat signaled an openness to cross swords with the administration: U.S. Senator Jon Tester (D-Montana), locked in a ti
  
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• Illinois Utility Boasts of Improved Reliability

  20-05-2024 08:50 via industrialinfo.com
  
  May 20, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Amid recent concerns about tests to the nation's electric grid, Illinois utility company Commonwealth Edison (ComEd) (Chicago, Illinois) said its customers saw improved grid reliability relative to a year ago.ComEd, part of Exelon Corporation (NYSE:EXC) (Chicago), services about 70% of the state's population, with some 4 million customers across the northern parts of Illinois alone. Over the first four mon
  
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• U.S. Gypsum-Related Projects Top $1 Billion

  20-05-2024 08:45 via industrialinfo.com
  
  May 20, 2024--Researched by Industrial Info Resources--Gypsum is used for a variety of industrial applications, including agriculture, cement production and the food industry, but perhaps its most important use is in the construction sector in the form of gypsum wallboard, also known as drywall, which form the walls and ceilings of countless commercial and residential structures throughout the world. The U.S. has large deposits of gypsum scattered throughout its borders and consistently ranks am
  
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• How the Price Cap Coalition Controlled Russian Oil Export Prices--But Not as Much as Hoped

  20-05-2024 08:45 via industrialinfo.com
  
  May 20, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--When Russia invaded Ukraine in February 2022, many of the world's other nations felt the need for pushback to take the form of economic sanctions as opposed to risking a world war with a military intervention. Among the sanctions instituted in December of that year was an embargo on Russian oil exports.
  
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• U.S. Rig Count, Dangote Refinery: Your Daily Energy News

  20-05-2024 08:35 via industrialinfo.com
  
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.Companies featured:TotalEnergies SE (NYSE:TTE)
  
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• From Click to Doorstep: U.S. Sees Investment Surge in Fulfillment Centers

  20-05-2024 08:30 via industrialinfo.com
  
  NEW DELHI--May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--With the global e-commerce market reaching US$5.8 trillion in 2023 and anticipated to touch US$6.3 trillion this year, the industry is booming. Experiencing a surge during the pandemic, the e-commerce sector mainly requires seamless and effective order management to prosper in a fast-paced world that prioritizes convenience.
  
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• Russia's Gazprom Posts First Annual Loss in 24 Years

  20-05-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 20, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Profits at Russia's state-owned gas giant Gazprom (St. Petersburg, Russia) tumbled into the red for the first time in more than 20 years as European sanctions against Russia begin to bite.
  Within this article: Details first annual profits loss for Gazprom in decades, reasons, alternative sources of income, tracked projects
  
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• Secondary Aluminum: A Remedy for the Enduring Energy Crisis

  20-05-2024 07:12 via industrialinfo.com
  
  NEW DELHI--May 20, 2024--Aluminum is a versatile metal prized for its lightweight and pliable properties and is used to produce numerous everyday items like cans, foils and window frames. However, the primary-aluminum manufacturing process demands substantial energy input, predominantly from natural gas and electricity.
  
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• Houston Remains in Recovery Mode After Storm

  17-05-2024 21:00 via industrialinfo.com
  
  May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Researched by Industrial Info Resources (Sugar Land, Texas)--Houston officials warned Friday the cleanup following the storm that hit the city last week would be slow and some residents could be without electricity for days, if not longer.Winds up to 100 miles an hour ripped through the Greater Houston area and surrounding communities Thursday night, leaving at least four dead and hundreds of thousands without power.
  
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• IEA: Price of Most Critical Minerals Fell in 2023, but Concerns Arise

  17-05-2024 08:55 via industrialinfo.com
  
  Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global production of minerals critical to the energy transition, including copper, lithium, nickel, cobalt, graphite and rare earth elements, has risen faster than demand, leading to lower prices for most of those minerals, said a new report from the International Energy Agency (IEA) (Paris, France).But in the report, Global Critical Minerals Outlook 2024, released Friday, the agency raised questions about whether the Metals
  
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• AEP Maps Out Billions of Dollars in U.S. Transmission Growth

  17-05-2024 08:55 via industrialinfo.com
  May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--American Electric Power Company Incorporated (NASDAQ:AEP) (AEP) (Columbus, Ohio) is bracing for a massive, long-term buildout across its service territory, as shifting population trends and the rapidly rising demand for data-center services will force it to find creative and heavy-duty solutions. The company offered a glimpse at its ambitious project slate, which includes hundreds of miles of new and reconstructed transmi
  
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• Biden Administration Announces 25% Tariff on Chinese Steel Imports

  17-05-2024 08:50 via industrialinfo.com
  
  May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The Biden administration confirmed Tuesday it will increase the tariff rate on certain steel and aluminum products originating in China from 0-7.5% to 25% in 2024, following a review by the United States Trade Representative office.
  
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• Warm Winter, Early Spring Reduced Last Winter's U.S. Propane Prices

  17-05-2024 08:45 via industrialinfo.com
  
  May 17, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--The El Niño-fueled warm winter of 2023-24 in North America led to less demand for propane as a heating fuel, which led to slightly lower prices during that time, according to the U.S. Energy Information Agency (EIA). And because of an early planting season in 2023, less propane was used by Midwestern farming operations that often use copious amount of the fuel to dry crops before storing or shipping.
  
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• D.E. Shaw, SOLV Energy Partnership Leads to Startup of Utah Solar Plant

  17-05-2024 08:45 via industrialinfo.com
  
  May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this week, the renewable energy arm of D.E. Shaw Group (New York, New York), D.E. Shaw Renewable Investments (DESRI), said it had started commercial operations of a solar power plant in Utah. While DESRI owns the facility, the engineering, procurement and construction (EPC) contractor on the project was SOLV Energy (San Diego, California), a firm DESRI often partners with on its projects.
  
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• Pembina Pipeline, Crescent Energy: Your Daily Energy News

  17-05-2024 08:35 via industrialinfo.com
  
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.Companies featured:Crescent Energy (NYSE:CRGY), SilverBow Resources (NYSE:SBOW), Pembina Pipeline Corporation ( NYSE:PBA)
  
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• NERC Warns of Tests for U.S. Grid During Hot, Hot Summer

  17-05-2024 08:35 via industrialinfo.com
  
  May 17, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Forecasts for a hotter-than-normal summer across North America means regional grid operators will face challenges in keeping the lights on, the North American Electric Reliability Corporation (NERC) said in a summer forecast.
  
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• Crescent Takes Eagle Ford Acreage with SilverBow Acquisition

  17-05-2024 08:30 via industrialinfo.com
  
  May 17, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Crescent Energy (NYSE:CRGY) (Houston, Texas) said Thursday it agreed to acquire shale player SilverBow Resources (NYSE:SBOW) (Houston) for $2.1 billion, creating one of the largest operators in the Eagle Ford Basin.
  
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• Australia Clears Major New Solar & Battery Storage Project

  17-05-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 16, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Australia's federal government has given the green light to a gigawatt-scale solar farm and battery storage project in Queensland.
  Within this article: Details permits for Punchs Creek solar farm and storage battery project, scale, related projects, state of Australian solar sector
  
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• Got Milk? Investors Navigate Challenges in Dairy Sector

  17-05-2024 07:35 via industrialinfo.com
  
  May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The global market for milk has been fluctuating in recent years due to variations in global supply and demand; concerns regarding animal health; challenges in livestock maintenance; and a growing preference for plant-based dairy products.
  
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• Minerals Sector Praises Biden for Chinese Tariffs

  16-05-2024 08:55 via industrialinfo.com
  
  May 16, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Critical mineral entities with operations in the United States praised a decision from the Biden administration to enact tough new tariffs on Chinese products, though part of the sector dependent on those materials is fading.
  
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• FERC Seeks to Break Logjam in Transmission Siting and Cost Allocation with Order 1920

  16-05-2024 08:55 via industrialinfo.com
  
  May 16, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The Federal Energy Regulatory Commission (FERC) (Washington, D.C.), the U.S. agency overseeing interstate electric transmission, issued a rule this week that aims to expedite siting of high-voltage transmission lines between regional transmission providers. It also proposed a cost-allocation methodology that could remove a major impediment to siting transmission lines, specifying who would pay--and who would no
  
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