02222018Thu
Last updateThu, 22 Feb 2018 2pm

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What the Stimulus Plan Means for Construction

The White House on February 26 unveiled a $3.55-trillion budget outline for fiscal year 2010 that would boost funding for water infrastructure and transportation programs while aiming to cut the federal deficit in half by 2013.

White House officials say the outline provides a broad framework for fiscal policy over the next 10 years.

Source: Business Week 

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Mini Nuclear Reactor for Home Neighborhood Use

Nuclear power plants smaller than a garden shed and able to power 20,000 homes will be on sale within five years, say scientists at Los Alamos, the US government laboratory which developed the first atomic bomb.

The miniature reactors will be factory-sealed, contain no weapons-grade material, have no moving parts and will be nearly impossible to steal because they will be encased in concrete and buried underground.

Source: Warriors for Truth

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Santee Cooper's 600-Megawatt Coal-Fired Pee Dee Project Awaits Final Permits

Santee Cooper's 600-megawatt supercritical pulverized-coal-fired Pee Dee project has just finished yet another round of court room hearings involving a lawsuit from the South Carolina Department of Natural Resources. After Santee Cooper received an air permit from the South Carolina Department of Health and Environmental Controls in December, the court ruled that the company has met and proven its case for the plant's construction.

Source: Industrial Info Resources

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Emerson to Host Biofuels Summits in Denver, Atlanta, Houston

Emerson Process Management is hosting a series of regional summits across the United States to address key factors and recommendations necessary to ensure the successful commercialization of alternative fuels, specifically second-generation biofuels.

The next Emerson Alternative Fuels/BioRefinery Summit will be Thursday, March 19, in Denver, followed by summits in Atlanta in April and Houston in May. Emerson kicked off the series in December in Madison, Wis. 

Source: Emerson

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Reliance Industries Mulls Merger with Reliance Petroleum

The directors of Reliance Industries Ltd., India's biggest company by market value, said Friday in a filing to the Bombay Stock Exchange it will consider Monday a merger of its unit, Reliance Petroleum Ltd., with itself, amid lower global crude oil prices and falling refining margins.

Analysts said a could mean that Chevron Corp. won't exercise its option to raise its 5% stake in Reliance Petroleum's 580,000-barrel-a-day refinery at Jamnagar, in the west Indian state of Gujarat.

Source: Wall Street Journal

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