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... 

Verenium Regains Compliance With Nasdaq Continued Listing Requirement

Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced that it has regained compliance with the continued listing requirements of The NASDAQ Global Market. NASDAQ previously notified Verenium that it had fallen out of compliance with NASDAQ Marketplace Rule 4450(b)(1)(A),... 

BrassCraft Patent Brings New Era of Safety to Natural Gas Use

BrassCraft’s patented Safety+PLUS® Excess Flow Valve promises to usher in a new standard of safety for natural gas. With more than 65 million homes in the United States alone utilizing natural gas for their water heaters, furnaces, boilers, heaters and other applications, the patented Safety+PLUS Excess Flow Valve from BrassCraft will be a welcome... 

Vanner Selects Maxwell Technologies Ultracapacitor Modules for Retrofit Cold Starting System for Chicago Transit Buses

Vanner Inc., a manufacturer of electrical power conversion products, has selected Maxwell Technologies’ BOOSTCAP® ultracapacitor modules to provide burst power for a retrofit diesel engine starter system that Vanner has won a contract to install in Chicago transit buses. David Schramm, Maxwell’s president and chief executive officer, said... 

China Energy Recovery Completes a New $3.3 Million Project for a Repeat Customer

China Energy Recovery, Inc., a leader in the waste heat energy recovery sector of the industrial energy efficiency industry, announced today that it has successfully completed an EPC (Engineering, Procurement and Construction) project (the “Project”) for a new specialty sulfuric acid plant, operated by Jiahua Chemical (“Jiahua”),... 

GreenShift Receives Grant for Algae Bioreactor Technology

GreenShift Corporation announced that it has received a grant award of $375,000 to further the development of GreenShift’s patented and patent-pending algae bioreactor. The funding is provided through the Montana Board of Research and Commercialization, a unit of the Montana Department of Commerce. The objective of the grant award is to demonstrate... 

Oil Refineries Updates on Status of Agreement to Acquire 50%-Balance of Shares in CAOL

Oil Refineries Ltd., Israel’s largest oil refiner, announced today that, following the Transaction Report issued by the Company on July 8, 2008, the Complementary Report from July 29, 2008, as well as the Immediate Report published by the Company on September 28, 2008 with regards to the signing of an agreement with Israel Petrochemical Enterprises... 

Atlas Copco to Supply Worlds First Floating LNG Plant

Atlas Copco has won a multi-million USD contract to supply six turboexpander compressors for a new type of application related to liquefied natural gas (LNG). The customer, Norway-based KANFA Aragon A.S., part of the Sevan Marine Group, will use the equipment for the world’s first floating natural gas liquefaction plant. Installed aboard a so-called... 

Conduit Capital Completes Sale of Natural Gas Compression Facility and Pipeline in Mexico for $89.2 Million

Conduit Capital Partners LLC, a private equity investment firm focused on infrastructure investment and development in Latin America and the Caribbean, announced today that it has completed the sale of the Libramiento natural gas compression facility and an associated 65km natural gas pipeline to InterGen. The total value of the transaction, which was... 

Global Earth Energy, Inc. Announces Plans to Export Biodiesel Fuel to Europe

Global Earth Energy, Inc. anticipates the opportunity to export the biodiesel produced at their chemical plant in Leland, NC. Due to the increase in taxes on biodiesel in Germany, there has been a decrease in the production of the alternative energy fuel. With the decline of sales and production overseas, there is an excess amount of feedstock, the...