LyondellBasell to Build the World's Largest PO/TBA Plant

LyondellBasell has made the final investment decision to build the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area. The project is estimated to cost approximately $2.4 billion, representing the single-largest capital investment in the company's history...

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EPA Selects Projects for Water Infrastructure Loans

The EPA is inviting 12 projects in nine states to apply for Water Infrastructure Finance and Innovation Act (WIFIA) loans. These potential applicants were selected from a group of projects that represent large and small communities from across the U.S. that submitted letters of interest to EPA in Ap...

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Leading Economic Indicators Increased in June

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.6% in June to 127.8 (2010 = 100), following a 0.2% increase in May, and a 0.2% increase in April.

“The U.S. LEI rose sharply in June, pointing to continued growth in the U.S. economy and perhaps even a moderate improvement...

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U.S. Jobless Claims Fall to Near Five-Month Low

In the week ending July 15, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 15,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 247,000 to 248,000. The 4-week moving average was 243,750, a decrease of 2,250 from t...

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