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Companies

AmerisourceBergen announces expected name change in 2023

By Melina Druga  |   January 25, 2023   |   Companies

Conshohocken-based AmerisourceBergen, a global pharmaceutical solutions organization, recently announced its plans to change its name to Cencora during the second half of the year. "Over time, we hav...

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Braskem enters long-term contract for plastic feedstock from recycling contract

By Liz Carey  |   January 25, 2023   |   Companies

Philadelphia-based Braskem S.A. announced Monday it was entering into a long-term contract with Nexus Circular for the supply of circular feedstocks from recycling. Officials said the two companies ...

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Mitesh B. Thakkar

CONSOL Energy names Mitesh Thakkar as new president

By Melina Druga  |   January 25, 2023   |   Companies

Canonsburg-based CONSOL Energy, a producer and exporter of high-Btu bituminous thermal coal and metallurgical coal, recently promoted Chief Financial Officer Mitesh B. Thakkar to the position of presi...

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Pittsburgh’s Evoqua acquired in $7.5B stock transaction

By Liz Carey  |   January 24, 2023   |   Companies

Pittsburgh-based Evoqua announced Monday it had been acquired by global water technology company Xylem in a $7.5 billion stock transaction. Evoqua, a mission-critical water treatment solutions and s...

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University of Pittsburgh, NETL to develop sensors for infrastructure monitoring

By Melina Druga  |   January 24, 2023   |   Companies

The University of Pittsburgh and the National Energy Technology Laboratory (NETL), a U.S. Department of Energy national laboratory, recently signed an agreement to explore areas of cooperation in the ...

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Triumph Group business awarded two Airbus contracts

By Melina Druga  |   January 23, 2023   |   Companies

Airbus recently awarded TRIUMPH Actuation Products & Services, a Triumph Group business, two multi-year contracts to manufacture ball-bearing control cables for the Airbus A330, A320, and A350 aircraf...

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Air Products transfers assets for gasification, power joint venture

By Liz Carey  |   January 23, 2023   |   Companies

Lehigh Valley-based Air Products announced Friday it had reached the financial close and transfer of the second group of assets for a $12 billion gasification and power joint venture with Aramco, ACWA...

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New York’s Approved Energy granted license to provide power to Pennsylvania markets

By Liz Carey  |   January 20, 2023   |   Companies

The Pennsylvania Public Utility Commission has granted a license to New York City-based Approved Energy to serve electric customers across the Keystone State, the company said Tuesday. Approved Ener...

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Scranton awards nearly $350,000 for business creation

By Melina Druga  |   January 20, 2023   |   Companies

The City of Scranton recently awarded nearly $350,000 to support the creation and expansion of small businesses as part of the city’s $68.7 million in American Rescue Plan Act (ARPA) funding. In Ma...

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Braskem project to evaluate bio-based polypropylene

By Melina Druga  |   January 19, 2023   |   Companies

Braskem, the largest polyolefins producer in the Americas, recently announced a project to evaluate producing carbon negative bio-based polypropylene (PP) in the United States. The United States is ...

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Susquehanna data center campus reaches construction milestones

By Liz Carey  |   January 19, 2023   |   Companies

Cumulus Data announced Tuesday it had completed key construction milestones in Phase 1 of its Susquehanna data center. The company said the powered shell for the first part of the data center – a ...

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WhiteHawk purchases assets in Louisiana

By Melina Druga  |   January 19, 2023   |   Companies

WhiteHawk Energy, a company focused on acquiring mineral and royalty interests in natural gas resource plays, recently signed an agreement to purchase up to $105 million in natural gas mineral and roy...

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ERIKS purchases hose assemblies company

By Melina Druga  |   January 18, 2023   |   Companies

Pittsburgh-based ERIKS North America, a distributor of fluid and material conveyance solutions for industrial customers, recently purchased DeeTag, a hydraulic and industrial hose assemblies distribut...

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FERC sticks to market facts in approving Transco’s gas pipeline expansion

By Hil Anderson  |   January 17, 2023   |   Companies

Marcellus Shale gas producers may soon see a new outlet for the region’s plentiful natural gas after the Federal Energy Regulatory Commission (FERC) granted Williams Companies permission to expand t...

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MSA Safety opens business center in Poland

By Melina Druga  |   January 17, 2023   |   Companies

MSA Safety, a safety products manufacturer and supplier, recently celebrated the grand opening of its EMEA Global Business Services Center in Warsaw, Poland. The company has done business in Poland...

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Dan Tropeano

Daniel Tropeano named president of Southeastern Penn Segment of Highmark Blue Shield

By Liz Carey  |   January 17, 2023   |   Companies

Health care benefits provider Highmark Blue Shield said in naming Dan Tropeano president of its new Southeastern Pennsylvania segment it will strengthen its presence in the state. Tropeano will lead...

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PNC Financial Services Group increases environmental finance commitment by $10B

By Melina Druga  |   January 13, 2023   |   Companies

The PNC Financial Services Group, a diversified financial services group, recently announced it has increased its environmental finance commitment by $10 billion over five years to $30 billion. The f...

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Westinghouse to dismantle nuclear reactors in Lithuania

By Melina Druga  |   January 13, 2023   |   Companies

Westinghouse Electric Co. and Ignalinos Atominé Elektriné recently signed an agreement to dismantle the two RBMK-1500 nuclear power reactors at Ignalina Nuclear Power Plant (NPP) in the Visaginas Mu...

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Alcoa makes changes to leadership staff

By Melina Druga  |   January 12, 2023   |   Companies

Alcoa Corp. recently made changes to its executive leadership team, effective Feb. 1. The changes are intended to improve the company’s focus on operational excellence, cost, and innovation. “Th...

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Michigan company purchases Coatesville’s John Rock

By Melina Druga  |   January 12, 2023   |   Companies

Michigan-based Kamps, a full-service national pallet company, recently purchased Coatesville-based John Rock, a pallet manufacturer, for an undisclosed amount. “We are pleased to join the Kamps org...

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