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Industry News

  • Crews Battle Fire at North Dakota Elevator for 16 Hours

    Fire personnel worked for over 16 hours to put out a massive fire in a grain elevator in West Fargo, ND last Saturday, a number of local news organizations reported. Parts of the structure were heavily damaged during the incident.  The blaze ignited in the Busch Agricultural Resources...

  • Soybean Processing Plant to Open in Michigan this Year

    A new soybean processing plant with a processing capacity of 40 million bushels/yr is expected to become operational this year in Ithaca, MI. The site’s owner, ZFS Ithaca LLC, announced Monday that construction work on the facility is nearing completion and should be opened by the 2019...

  • Firms Plan $8B Investment in U.S. Petrochemical Plant

    State-owned oil and gas firm Qatar Petroleum is teaming up with American company Chevron Phillips Chemical to jointly open a new petrochemical production facility in the U.S. Gulf Coast region, a recent Chevron Phillips press release announced. The $8 billion U.S. Gulf Coast II Petrochemical...

  • Bosch Divests from Packaging Technology Business

    German technology supplier Bosch entered into an agreement this month to sell its Packaging Technology business to Luxemburg-based private equity and investment firm CVC Capital Partners (CVC), the companies announced in a joint press release.  Under the terms of the agreement signed on July...

  • Crews Douse Coal Hopper Fire at Michigan Power Plant

    Firefighters responded to a fire in a coal hopper at the Lansing Board of Water and Light (BWL) Erickson power plant in Delta Township, MI on July 12, several local news organizations reported. Crews remained on scene for several hours to put out the flames.  The blaze was reported to...

  • Fire at ADM Facility in Illinois Causes $100K in Damage

    A blaze ignited Monday evening inside of a warehouse operated by agribusiness Archer Daniels Midland (ADM) in Decatur, IL that caused an estimated $100,000 in damages, several local news organizations reported.  “Last night at approximately 8:30 p.m., a fire broke out in a storage...

  • Sandvik Takes Stake in Metal AM Services Firm Beam IT

    Swedish engineering group Sandvik is expanding its presence in the additive manufacturing (AM) industry with the acquisition of a 30% stake in Italian metal AM services and advanced end-use components firm Beam IT, a recent release announced.  “The investment in Beam IT will complement...

  • Eriez Adds Inventory to Support Quick Ship Stocking Program

    Erie, PA-based Eriez announced Tuesday that it has increased inventory levels for metal detectors, magnetic separators and vibratory feeding equipment included in the company’s Quick Ship stocking program. Eriez said this adjustment has allowed them to ship...

  • Nestle to Roll Out Refined Sugar-Free Chocolate this Year

    Swiss food and beverage giant announced Tuesday that it plans to introduce a new form of chocolate to the market made completely from cocoa fruit with no added refined sugar. The newly patented product is sweetened with pulp extracted from the cocoa fruit. Nestle said the product matches...

  • Air Liquide to Open New $140M ASU in Texas

    As part of a newly-formed agreement to supply oxygen and nitrogen to a new ethane cracker under development in Corpus Christi, TX, French industrial gases firm Air Liquide intends to invest about $140 million to construct a new Air Separation Unit (ASU) in Bay City, TX. The company announced on...