• U.S. Auto Industry Readies for More than 260 Maintenance Projects

    U.S. Auto Industry Readies for More than 260 Maintenance Projects
    September 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--From body assembly to tire manufacturing, the U.S. auto industry is preparing for its biggest quarter in 2024 for maintenance shutdowns. Hybrid and crossover models have driven a recent jump in sales, and automakers are ensuring their factories will continue to produce them at a brisk pace.Industrial Info is tracking more than 260 maintenance-related projects at automotive plants that are set to kick off in the fourt
  • No Summer Power Emergencies for Texans, More Gas Generation on the Way

    No Summer Power Emergencies for Texans, More Gas Generation on the Way
    SUGAR LAND--September 5, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--In many areas, Labor Day marks the traditional end of summer and the start of autumn, even though the actual start of autumn is closer to September 22 and, in many cases, students began returning to school in August.
    Still, when the Board of Directors of the Electric Reliability Council of Texas (ERCOT) (Austin, Texas) met in late August, Chief Executive Officer Pablo Vegas told them that the r
  • ISM: U.S. Manufacturing Activity Contracts for Fifth Straight Month

    ISM: U.S. Manufacturing Activity Contracts for Fifth Straight Month
    September 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Manufacturing activity in the U.S. contracted in August for the fifth consecutive month, according to a survey report by the Institute for Supply Management (ISM), as demand continued to ease. Still, Industrial Info's Global Market Intelligence (GMI) shows robust project activity in the U.S. Industrial Manufacturing Industry.Industrial Info is tracking more than $70 billion worth of capital-spending industrial manufa
  • Oil Prices in Freefall Amid Global Economic Woes

    Oil Prices in Freefall Amid Global Economic Woes
    September 5, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Global crude oil prices in early Wednesday were trading below the $75-per-barrel mark amid indications that warring factions in Libya have resolved their differences, while traders are betting that the Organization of the Petroleum Exporting Countries (OPEC) will relax its restraints on production.Crude oil started a trading week shortened by the long Labor Day weekend in the U.S. in the black, on wor
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  • Construction Machinery Projects Bring $800 Million in U.S. Spending

    Construction Machinery Projects Bring $800 Million in U.S. Spending
    September 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Without construction machinery, industrial projects on the scale we see today simply couldn't happen. Manufacturers of construction equipment help meet a basic, fundamental need in the construction of power plants, liquefied natural gas facilities, factories and other infrastructure. Industrial Info is tracking more than $800 million in active U.S. projects that will expand the country's production of construction eq
  • Marathon Petroleum, U.S. LNG Revenues: Your Daily Energy News

    Marathon Petroleum, U.S. LNG Revenues:  Your Daily Energy News
    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:Marathon Petroleum Corporation;s (NYSE:MPC)
  • Chevron Waterflooding Fields in the Gulf of Mexico

    Chevron Waterflooding Fields in the Gulf of Mexico
    September 5, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Hundreds of millions of additional barrels of oil equivalent could come from the Gulf of Mexico due to the start of enhanced recovery methods, U.S.-based supermajor Chevron Corporation (NYSE:CVX) (San Ramon, California) said.
  • Green Light for Australia-Asia Green Power Link

    Green Light for Australia-Asia Green Power Link
    GALWAY, IRELAND--September 5, 2024--Written by Martin Lynch, European News
    Editor for Industrial Info (Galway, Ireland)--The Australian government has green lit its largest ever solar power and interconnector project in the Northern Territory.Within this article: Details Australia-Asia PowerLink (AAPowerLink) project, including solar farms, BESS and interconnectors, impact, timeline
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  • Philippines' Vires Drops LNG Import Terminal, Turns to Power Plant Development

    Philippines' Vires Drops LNG Import Terminal, Turns to Power Plant Development
    MANILA, PHILIPPINES--September 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Vires Energy, a subsidiary of A Brown Company Incorporated (Cagayan de Oro City, Philippines), has canceled its plans for a floating storage regasification unit (FSRU) terminal to import liquefied natural gas (LNG) in Batangas, Philippines.
  • Rising Global Demand Fuels Investment in Indonesia's Nickel Sector

    Rising Global Demand Fuels Investment in Indonesia's Nickel Sector
    NEW DELHI--September 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--In recent years, Indonesia has solidified its position as the leading player in the global nickel market. The metal is widely used in stainless steel production, steel plating and battery manufacturing. In 2023, Indonesia alone accounted for 50% of the world's mined nickel production.
  • India Lifts Ban on Ethanol Production from Sugarcane Products

    India Lifts Ban on Ethanol Production from Sugarcane Products
    NEW DELHI--September 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The Indian government has lifted the ban on ethanol production from sugarcane juice, sugar syrup, B Heavy molasses, and other raw materials. This move is expected to increase ethanol production, effectively diverting more sugar for ethanol production, which is expected to improve the financial health of sugar factories. The government has fully withdrawn the ban, allowing distilleries to operate at full ca
  • PetroChina Guangxi Petrochemical Company Spends on Chinese Refining Projects

    PetroChina Guangxi Petrochemical Company Spends on Chinese Refining Projects
    BEIJING--September 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--PetroChina Guangxi Petrochemical Company Limited is a vital state-owned petroleum and petrochemical company located in Qinzhou, southwest China, that started commercial operations in 2010. It will spend more than US$486 million on 28 refining projects such as plant expansions, unit additions, plant maintenance, unit upgrades, etc.

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