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Industry News

Top carbon emitters fall short on climate risk disclosure, report says

(Reuters) - Top emitters of carbon are not disclosing the full risks associated with climate change, reducing the chances of meeting global emissions targets, a study by Carbon Tracker and the Climate Accounting Project (CAP) said on Thursday.

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Investor group sets tough climate blueprint for Big Oil

(Reuters) - Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.

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Oil-rich Norway goes to polls with climate on the agenda

(AP News) - North Sea oil and gas has helped make Norway one of the wealthiest countries in the world. But as Norwegians head to the polls on Monday, fears about climate change have put the future of the industry at the top of the campaign agenda.

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Amazon & The Nature Conservancy launch Brazil 'agroforestry accelerator'

(Ag Funder News) - US tech major Amazon and nonprofit The Nature Conservancy have launched a new initiative to sequester carbon and create "a more sustainable income" for farmers in the Brazilian state of Pará.

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Amazon launches agronomy service for Indian farmers

(Ag Funder News) - Amazon Retail, the Indian e-grocery business of US tech giant Amazon, has started offering digital agronomy services to farmers in the country, the Business Standard reports.

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FRA Releases PTC Safety Advisory

(Railway Age) - The Federal Railroad Administration (FRA) has published a Safety Advisory on a Positive Train Control (PTC) issue recently identified during testing of ACSES II (Advanced Civil Speed Enforcement System II) and I-ETMS (Interoperable Electronic Train Management System) technology.

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Sulfur Nutrition and Soil Fertility Management for New Jersey Crops

(Rutgers) - Sulfur is a mineral essential for plant and animal growth and reproduction. It is classified as a plant macronutrient and used by crops in about the same amounts as for phosphorus (P). In past decades it was assumed that there was an abundance of sulfur freely available from the atmosphere.

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Storm-hit U.S. oil refineries must wait weeks for power, water

(Reuters) - Louisiana oil refineries shut by Hurricane Ida could take weeks to restart, costing operators tens of millions of dollars in lost revenues as they wait for water and electrical power to be restored, analysts said this week.

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STB unanimously rejects CN-KCS voting trust. CPKC back in play

(Railway Age) - The United States Surface Transportation Board—as expected by many industry observers and financial analysts—on Aug. 31, 2021, by unanimous vote, rejected the CN-Kansas City Southern voting trust, effectively killing the merger, and opening the door for Canadian Pacific to re-engage with KCS on the CPKC (“Canadian Pacific Kansas City”) deal it struck with KCS on March 21, albeit with a sweetened offer. KCS has cancelled its Sept. 3 shareholder meeting to vote on the CN offer, and is considering CP’s offer.

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Carmakers scrutinise lithium's green credentials amid battery rush

(The Sydney Morning Herald) - The head of Australia’s largest lithium miner says carmakers are ratcheting up scrutiny of the environmental impact of mining practices across battery supply chains.

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After 7 years, FACT all set to restart caprolactam production

(The Hindu) - The public sector Fertilizers and Chemicals Travancore (FACT) is slated to restart caprolactam production later this week after a gap of more than seven years, making the event a landmark in the history of the company.

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Washington Wants America to Catch Up to China's Manufacturing -- a Mining Boom in North America Might be Needed

(Benzinga) - The continued competition and economic back and forth between the United States and China has spurred American policy to move toward a renewal of old capabilities in heavy industry and manufacturing. America used to be the king of the majority of sectors, including mining, refining and processing raw materials required for advanced manufacturing activities.

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Japan's Sumitomo Chemical expanding high-purity chemicals capacity

(ICIS) - SINGAPORE (ICIS)--Sumitomo Chemical is expanding its production capacity for high-purity chemicals for semiconductors, the Japanese producer said on Tuesday.

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Contango Snags ConocoPhillips' Gassy Wind River Assets for $67M

(Our Community News) - U.S. independent Contango Oil & Gas Co. plans to boost its natural gas production by more than half later this year with the acquisition of ConocoPhillips’ conventional assets in Wyoming’s Wind River Basin for $67 million.

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Bunker Prices Are Edging Higher and Could Impact the Tanker Freight Rate Benchmarks

(Hellenic Shipping News) - With bunker pricing moving upwards a new revision of Worldscale rate is expected to transpire. In its latest weekly report, shipbroker Gibson said that “the past couple of years have been very turbulent in many international markets due to the global pandemic.

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Can the Future of Food Be Sustainable in a Rapidly Growing World?

(Time) - The scale and reach of Cargill, the nation’s largest private company, is staggering. The Minnesota-based company, which operates in 70 countries and has 155,00 employees, is involved in a range of businesses across the food chain, from selling feed to farmers, to commodities and meat processing.

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Where Sulfur Fits in Corn, Soybeans

(Farm Progress) - Matt Clover started a discussion about sulfur for corn with a simple question. The soil fertility specialist with Pioneer asked a virtual audience to answer “true” or “false”: Sulfur is just as important as nitrogen for normal crop development.

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Bruks Siwertell to deliver shipunloader to fertilizer company
 

(Dry Bulk Magazine) - Bruks Siwertell has won a contract to deliver a second Siwertell screw-type shipunloader to leading Indian fertilizer company, Paradeep Phosphates Ltd (PPL), operating at the port of Paradeep, in Odisha, India.

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Ineos completes sale of sulphur chemicals business
 

(Chemical Engineering) - Ineos Enterprises (London, U.K.) has announced completion of the sale of its Sulphur Chemicals business to International Chemical Investors Group.

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Lanxess' lubricants additives business expands production capacity in Mannheim
 

(Chemical Engineering) - The Lubricants Additives Business of Lanxess AG (Cologne, Germany) is expanding its production capacity for light-color sulfur carriers at its Mannheim site by several thousand tons.

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Member News

Chevron boosts oil and gas recovery from two offshore facilities in U.S. Gulf of Mexico

(WO) – Chevron Corporation started water injection operations at two of its offshore projects to boost oil and gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico.

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Koch changes company name to reflect its diversification

(Bloomberg) -- Koch Industries Inc., the second-largest closely held firm in the US, is changing its name after nearly six decades, along with its corporate structure.

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Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation

(MSN) - Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday.

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Tessenderlo Kerley, Inc. celebrates groundbreaking in Ohio for fertilizer facility

Tessenderlo Kerley, Inc. held a celebratory groundbreaking to mark the commencement of construction on a new liquid fertilizer facility in Defiance, Ohio. The new 50,000-square-foot production facility will occupy 50 acres and is set to become operational in 2024. The facility will service the Eastern Great Lakes Region through its distribution partners and will include terminal loadouts for rail cars and tanker trucks.

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Ford to buy lithium from ioneer for U.S. EV battery plant

(Reuters) - Ford Motor Co (F.N) said on Thursday it will buy lithium from ioneer Ltd's (INR.AX) Rhyolite Ridge mining project in Nevada and use the metal to build electric vehicle batteries in the United States.

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Koch Ag Completes Acquisition, Forms Joint Venture With Moroccan Phosphate Subsidiary

(The Daily Scoop) - "The closing of this acquisition marks Koch's first substantial investment on the African continent," said Brad Razook, Executive VP of Koch Industries and CEO, Resources. "We are excited to add another nutrient to the KAES portfolio in collaboration with a world-class partner."

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Shell Pushes Big Plans To Drill More in Gulf

(The Wall Street Journal) - Political uncertainty is clouding prospects for new drilling in the Gulf of Mexico, but Shell PLC—the Gulf’s biggest producer—is still investing billions of dollars in its waters to pump oil for years to come.

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Rhyolite Ridge: Investing in the future

(Elko Daily) - Alot has been happening with the Rhyolite Ridge lithium/boron project in recent months.
“On March 31, U.S. President Joe Biden announced plans to invoke the Defense Production Act to provide hundreds of millions in new subsidies for the mining of minerals critical for the wind, solar and electric vehicles industries.

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Penflex Becomes The Sulphur Institute's Newest Member

(MSN) - Penflex Corporation recently became the newest member of The Sulphur Institute (TSI), an international, non-profit organization dedicated to advocating for the safe use of sulfur.

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Koch to acquire 50% stake in JFC III from OCP

(Agri Business Global) - Koch Ag & Energy Solutions (Koch) and OCP have signed an agreement under which a Koch affiliate will acquire a 50% interest in Jorf Fertilizers Company III (JFC III) from OCP, the world's largest phosphate mining and leading global fertilizer group. When closed, the transaction will establish a 50/50 joint venture.

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