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... 

Terasen Gas receives BCUC approval to lower natural gas commodity rates

Terasen Gas has received approval from the B.C. Utilities Commission (BCUC) to lower natural gas commodity rates for the majority of customers in B.C. The rate decreases will take effect October 1, 2008. “In response to changing market prices since our rate filings with the BCUC last week, we have updated our applications, requesting lower commodity... 

XOJET Reduces Fuel Surcharge for On-Demand Flights

XOJET– one of the world’s fastest growing private aviation companies, built on a unique business model that combines private jet ownership, leasing and on-demand travel – announced it has reduced by 9% the fuel surcharge for on-demand flights that it put in place in the wake of record-high oil prices. The reduction will save clients approximately... 

StealthGas Inc. Announces Agreement to Construct Four New 156,000 Deadweight Suezmax Tankers

StealthGas Inc., a ship owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that it has ordered two new 156,000 deadweight Suezmax crude Oil Tankers with an option to order two additional such vessels. Delivery of the first vessel is expected in May-July 2011 and delivery... 

Brazil Turning to Sugarcane Bagasse Power Generation to Reduce its Dependence on Hydropower

Brazil is increasingly turning to alternative power generation fuels such as biomass in order to increase electricity supply and reduce its dependence on hydropower. Biomass power represents around 4.1 percent of the total installed capacity in Brazil at present and most biomass cogeneration is based on sugarcane bagasse. At present, sugarcane bagasse... 

International Energy Announces Breakthrough Diagnostic Technology for Algae-Derived Biofuels

International Energy, Inc., a developer of leading-edge technologies for the renewable generation of photosynthetic biofuels, today announced that researchers have devised and instituted an important patent-pending technology capable of rapidly determining the accumulation of bio-oil and other high-value compounds in microalgae, an important advancement... 

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,... 

Sheetz Chooses Triple Point Oil Trading and Risk Management Software

Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Sheetz, Inc., one of the largest gas and convenience store operators in the US with $3.8 billion dollars in annual revenue, has selected Commodity XL for Oil™ to manage wholesale gasoline procurement,... 

New U.A.E. Distributor for Industrial Nanotech, Inc. Opens up Petrochemical Opportunities in the Middle East

Industrial Nanotech, Inc., an emerging global leader in nanotechnology, announced today that NanoFan General Trading, a company that specializes in industrial solutions to petrochemical facilities and other heavy industry, has purchased the exclusive distributorship rights for the Company’s product line in the United Arab Emirates. Prior to acquiring... 

Double Eagle Petroleum Co. Announces Appointment of Chief Executive Officer and President and the Addition of a New Board Member

Double Eagle Petroleum Co. announced that its Board of Directors has completed the management transition that started in December 2007. The Board has elected Richard Dole as CEO and President. Mr. Dole is also the Chairman of the Board, and has served as a Director of the Company since 2005. He served as Chairman of the Audit Committee from 2005 until...