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... 

Novaled Announces a Large Area OLED Device Fulfilling International Lighting Specifications

Novaled developed a 15×15 cm white OLED device with a thickness of less than 2 mm. Die Struktur der OLED stack allows for a natural and warm white light performing a very high color rendering index (CRI) of 90. The perception of this light is similar to sunlight or what is delivered by incandescent bulbs. The achieved color coordinates of (0.44,... 

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... 

Westinghouse Announces New Organization and Management Team to Pursue UK Nuclear Business

Westinghouse Electric Company announced formation of Westinghouse Electric Company UK, a Preston-based organization that will consolidate efforts to pursue commercial nuclear power business throughout the United Kingdom. The Company also announced that David Bonser will serve as the organization’s chairman and that Mike Tynan will serve as Vice... 

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... 

Texas School District Remedies Soaring Energy Costs and Aging Infrastructure, Receives Award for Becoming Leader in Energy Efficient Learning Environments

Ferris Independent School District recently completed renovations aimed at increasing energy efficiency and indoor air quality while creating a high-performance learning environment at Ferris Junior High School, Ferris Intermediate School, the Ingram and McDonald Elementary Schools and the district maintenance facility. Additionally, the district built... 

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... 

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... 

NuStar Energy L.P. and NuStar GP Holdings, LLC Expect Highest Quarterly Earnings in the History of Both Companies

NuStar Energy L.P. announced that the partnership expects to report record earnings applicable to limited partners for the third quarter of 2008 of at least $2.25 per unit, primarily as a result of exceptionally strong asphalt margins. NuStar GP Holdings, LLC also announced today that the company expects to report record earnings of at least $0.65...