Denham Capital to Invest US$80 Million in Plantation Energy

Plantation Energy, Australia’s only manufacturer and exporter of Densified Biomass Fuel (DBF) pellets, and Denham Capital announced that Denham will make up to a US$80 million equity investment in Plantation. Initial proceeds will go towards funding the construction of a new manufacturing plant in Albany, Western Australia. The investment will... 

Panda Ethanol Restructures Funding Arrangements for Hereford, Texas Facility

Panda Ethanol Inc. announced that it has successfully restructured the funding arrangements on the company’s 115-million gallon-per-year, biomass-fueled ethanol refinery, located in Hereford, Texas. The restructuring was made with the support of the project’s senior and subordinated lenders and will allow for the completion of construction... 

UOP and Ensyn to Form Joint Venture to Offer Second-Generation Biomass Technology

UOP LLC, a Honeywell company, announced today that it has signed a letter of intent with Ensyn Corp to form a joint venture to offer technology and equipment to convert second-generation biomass into oil for power generation, heating fuel and eventually for conversion into transportation fuels. UOP and Ensyn expect to finalize terms for the venture... 

CMAI Completes 2009 World Terephthalates & Polyester Analysis

Chemical Market Associates, Inc. (CMAI) recently completed the 2009 World Terephthalates & Polyester Analysis, an annual global study covering the period 2003 to 2013 for the terephthalates and polyester markets. The major polyester chain products covered include terephthalic acid (TPA), dimethyl terephthalate (DMT), polyester polycondensation,... 

Daily Volume Records for Mini Russell 2000 and Currency Pair Futures Set on ICE Futures U.S.

ICE Futures U.S.(TM), a leading regulated U.S. futures exchange for global agricultural, equity index and currency markets, today announced further milestones in the transition of Russell Index contracts to ICE. A daily volume record of 22,129 mini Russell 2000® Index futures contracts was set on Monday, September 8. Total volume for all of ICE’s... 

PSE Move to New London HQ Signifies Aggressive Business Expansion

Process Systems Enterprise (PSE), providers of the world-leading gPROMS advanced process modelling (APM) software and related services and winner of the prestigious Royal Academy of Engineering’s 2007 MacRobert Award for Engineering Innovation, today announced its move to a significantly expanded new head office in Hammersmith, London. gPROMS software... 

Ricardo Creates New Strategic Business Group to Focus on Hybrid Vehicle Development

Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world’s automotive, military, transport and new energy industries, today announced the formation of a dedicated global strategic business group to focus the company’s state-of-the-art resources in technology, facilities and engineering... 

China Holdings, Inc. Announces Development, Investment & Construction of Inner Mongolia Ontniute Wind Energy Power Plants

China Holdings, Inc., a global diversified asset holdings company and its subsidiaries, headquartered in the U.S., engaged in multiple China-focused business activities including energy, clean energy, resources, utilities, and finance, today announced the Company, and its controlled subsidiary: China Power, Inc. have executed a three(3) year development,... 

Honeywell Helps California Schools Soak Up the Sun, Cut Utility Bills

The U.S. Department of Energy estimates that the nation’s schools spend an average of $175 per student on energy costs — a figure that continues to rise every year. Overall, utility bills are the second largest expense behind personnel costs At the same time, there is a growing awareness across the country about environmental impact and... 

Morphic Appoints Hakan Wallin New Chief Financial Officer

Håkan Wallin has been appointed new Chief Financial Officer for the Morphic Group (STO:MORPB) and takes over from Jan Johansson. Håkan Wallin will be part of Group Management and report to President and CEO Jonas Eklind. Håkan Wallin’s last appointment before joining Morphic was as CEO of Libertas Capital Nordic AB, a global investment bank with...