OriginOil Announces the Completion of Phase 1 Research Project with Department of Energy’s Idaho National Laboratory

OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL). OriginOil... 

Sunoco to Close Polypropylene Plant in Bayport, Texas

Sunoco Inc. announced that it will permanently close its polypropylene manufacturing facility located in Bayport, Texas, no later than April 30, 2009. The facility can produce approximately 400 million pounds of polypropylene each year. “The decision to close the facility was made after an extensive review which demonstrated that the plant is no longer... 

Syntec to Develop Catalysts to Produce Butanol and Propanol From Biomass and MSW

Syntec Biofuel Inc. announced it is launching a research program to develop catalysts and processes to produce Bio-butanol and Bio-propanol from biomass. This new R&D initiative is projected to be a 3 year program and will run in parallel with Syntec’s catalyst development. The company will be seeking strategic financial partners to support... 

Solix Biofuels Completes $10.5 Million Series A Funding Round, Receives Commitment for Additional $5 Million to Build Biofuels Pilot Plant in Southwest Colorado

Solix Biofuels, a Fort Collins, Colo.-based alternative energy technology firm focused on algae-based intermediates for fuel and chemical production, today announced it has raised $10.5 million in its first round of outside funding, and has reached an agreement with investors for an additional commitment of $5 million, to be used to build an algae... 

Synthesis Energy Systems Executes Joint Venture Agreement with YIMA Coal Group to Advance Coal Gasification Project in Henan Province, China

Synthesis Energy Systems, Inc., a global industrial gasification company, announced that it has entered into the primary joint venture agreement with YIMA Coal Croup (“YIMA”), a large Chinese integrated coal company, for the development of a coal gasification plant (the “Plant”) which will feed downstream process for the production... 

CMAI Completes 2009 World Methanol Analysis

Chemical Market Associates, Inc. (CMAI) announces the completion of the 2009 World Methanol Analysis. Published annually, this study provides information on supply, demand, production, history and forecasts for methanol capacity, trade, technology analysis and price forecasts. The analysis leverages all of CMAI’s worldwide consultants to offer... 

Arsenal Capital to Acquire Ferro Corporation’s Fine Chemicals Business

Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle-market specialty industrial, healthcare, and financial services companies, today announced that it has signed a definitive agreement to acquire Ferro Corporation’s Fine Chemicals business, a leading manufacturer of electrolytes used in the manufacture...