Koch Industries
Top Stories of 2024
Interest rates, the top business story of 2023, moderated in 2024, but insurance costs continued to skyrocket, sending last year’s No. 3 story to the top of this year’s annual list. read more >
Oil Glut by 2030? Electric Vehicles May Answer
Spare capacity — the amount that oil producers could be pumping but don’t because supplies are adequate — could rise to levels seen in the COVID pandemic, when millions of cars were sitting parked. read more >
by Kyle Massey -
Standard Lithium, Tetra Announce Concrete Plans For Lithium Plants
Standard Lithium announced a new partnership to accelerate the development of their lithium plant, while Tetra Technologies announced plans to build a bromine and lithium plant near Lewisville. read more >
by Kyle Massey -
Update: Companies Withdraw Plan to Set Arkansas Lithium Royalties
The topic had been scheduled for discussion at an April 23 meeting of the Arkansas Oil and Gas Commission in El Dorado. read more >
by Kyle Massey -
A History Lesson in Drilling
Robert Reynolds gives a living history of the oil and gas industry in south Arkansas, where the roots of his pioneer family reach back six generations. read more >
by Kyle Massey -
Arkansas Lithium Is Now a Reality
The only remaining question is this: How big will the industry’s potential be? read more >
by Kyle Massey -
Arkansas Year in Review: Top 10 Business Stories of 2023
Businesses and consumers in Arkansas and the rest of the country spent 2023 in the shadow of rising interest rates. Businesses dealt with other adversity, including rising insurance rates and a deadly March tornado. Other stories this year were more hopeful.
read more >
Exxon Mobil Dives Into South Arkansas
Commercializing lithium should be natural for the Natural State, Gov. Sarah Huckabee Sanders said last week as Exxon Mobil Corp. announced the start of major brine operations in south Arkansas. read more >
by Kyle Massey -
$365M Lithium Plant Plans Move Ahead for El Dorado
Vancouver-based Standard Lithium predicts commercial production will start in 2026. An even bigger project could come soon afterward. read more >
by Kyle Massey -
A Gusher for an Era of EVs?
The lithium race, like the boom that followed drillers striking oil in the Smackover Formation a century ago, could transform Magnolia, El Dorado and the entire region. read more >
by Kyle Massey -
Preliminary Study Foresees $1.27B Standard Lithium Project in Arkansas
Standard Lithium announces results from its preliminary study of the feasibility of a $1.27 billion lithium production project in southwest Arkansas. read more >
by Kyle Massey -
Koch Industries Veteran David Park Joins Standard Lithium in Arkansas Projects
He'll be a senior strategic adviser to Standard, which has two pilot plants deriving lithium products from underground brine streams in El Dorado. read more >
by Kyle Massey -
A Foothold in a New Industry (Lance Turner Editor’s Note)
Another encouraging sign that a new industry could be at hand in south Arkansas. read more >
by Lance Turner -
Koch Company Wins Contract With Standard Lithium
OPD LLC of Katy, Texas, specializes in engineering, procurement, fabrication and construction of commercial facilities. read more >
by Kyle Massey -
El Dorado Lithium Project May Go West With 35-Mile Pipeline
A preliminary feasibility study is underway. read more >
by Kyle Massey -
Koch Deepens Involvement in El Dorado Lithium Plant
Standard Lithium said the deal will help it benefit from the projected high prices for lithium chemicals in the coming decade. read more >
by Kyle Massey -
$100M Koch Investment Backs Standard Lithium’s Arkansas Venture
Wednesday’s announcement could be just the beginning. Standard Lithium is exploring further collaboration with Koch Industries subsidiaries, including Koch Engineered Solutions. read more >
by Kyle Massey -
Molex Opens Design Center in Conway
Molex of Lisle, Illinois, announced last week the opening of a new design center in Conway that will employ more than 100 engineering and technical workers. read more >
by Lance Turner -