Emergency Stabilization Act Includes Incentives for Rentech and Other Alternative Energy Producers

Rentech, Inc. announced that the Company believes the enactment of the Emergency Stabilization Act is a positive step toward creating financial stability in the marketplace. The inclusion of several tax provisions in the Act will greatly benefit Rentech’s efforts in domestic alternative fuels production. Rentech has a commercial pipeline of both biomass... 

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... 

Synthesis Energy Systems Enters Into License Agreement with ExxonMobil for Up to 15 Methanol-to-Gasoline (MTG) Technology Licenses

Synthesis Energy Systems, Inc., a global industrial gasification company, today announced that it has entered into an agreement with ExxonMobil Research and Engineering Company (“EMRE”) that provides SES the option to execute up to 15 Methanol-to-Gasoline (“MTG”) technology licenses at U-GAS® coal gasification plants globally. The... 

Alfa Laval Wins SEK 150 Million Order in India For Its Clean Technologies

Alfa Laval a world leader in heat transfer, centrifugal separation and fluid handling – has won an order for three thermal evaporation systems from Vedanta Aluminum Limited for its expansion project in India. The order value is about SEK 150 million and delivery is scheduled for 2009. “Alfa Laval has provided customers with solutions that generate,... 

VeruTEK Technologies Wins Energy, Environment, Green Tech Company of the Year

VeruTEK Technologies Inc., a Cleantech company, announced today that it has won the Energy, Environment, Green Tech Company of the Year for 2008 presented by the Connecticut Technology Council (CTC) and the Connecticut Center for Advanced Technologies (CCAT). Dr. John Collins, President and CEO of VeruTEK, said, “In much the same way pharmaceutical... 

Shaw Adds Palisades Plant to its Entergy Nuclear Maintenance Contract

The Shaw Group Inc. announced today that the Maintenance Division of its Power Group has expanded its existing contract with Entergy Nuclear Operations, Inc., a subsidiary of Entergy Corporation, to provide nuclear maintenance services at the 798-megawatt Entergy Palisades nuclear power plant near South Haven, Mich. With the addition of the Entergy... 

ICIS Chemical Business Unveils Top 100 Chemical Companies

ICIS Chemical Business magazine has unveiled the ICIS Top 100 Chemical Companies, featuring the world’s top chemical players ranked by annual sales. According to the ICIS Top 100 listing of chemical company financial performance, published in the September 15 issue of ICIS Chemical Business, sector sales rose by 11% in 2007 in local currency terms... 

China Energy Recovery Announces the Addition of James Zhao as CTO of Its Operating Affiliate

China Energy Recovery, Inc., a leader in the waste-heat recovery sector of the alternative energy industry, today announced that Mr. James Zhao is joining China Energy Recovery to serve as CTO of Shanghai Hai Lu Kun Lun Hi-tech Engineering Co., Ltd., an operating affiliate of CER. The announcement was made by China Energy Recovery’s Chairman and CEO,... 

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... 

Nexant Launches New Dusseldorf Office to Serve European Chemical and Energy Clients

Nexant, a leading provider of consulting services and technology solutions to the global chemical and energy industries, announced today that it has opened a new European office in Düsseldorf, Germany. “The German chemical industry is a major force in global chemicals,” said Dr. Andrew Spiers, Nexant senior vice president responsible for global...