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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 financially viable,” [...]

Air Products Signs Long-Term Hydrogen Supply Agreement with ExxonMobil’s Baytown Refinery

Air Products, the leading global hydrogen provider, today announced the signing of a long-term hydrogen supply agreement with ExxonMobil Refining and Supply Company. Air Products is to supply ExxonMobil’s Baytown, Texas refinery with additional hydrogen product from its extensive West Gulf Coast hydrogen pipeline network beginning in April 2010.
“Air Products has established relationships with refineries [...]

Eagle Rock Energy Partners, L.P. Upsizes Its Senior Secured Credit Facility

Eagle Rock Energy Partners, L.P. announced that it has successfully increased commitments to its senior secured credit facility by $180 million, increasing the facility’s total commitments to $980 million (retaining the ability to further increase the facility’s size to $1.0 billion). This upsizing was achieved in two transaction events with the first closing on July [...]

New Gold Announces Approval of El Morro Environmental Impact Assessment

New Gold Inc. announces that authorities in Chile have approved an Environmental Impact Assessment (“EIA”) for the El Morro project in northern Chile. New Gold is a 30 percent joint venture partner in the project, with Goldcorp Inc. (“Goldcorp”), the project developer, holding 70 percent.
The granting of the EIA facilitates commencement of construction activities by [...]

Dennis Geherman Announces Acquisition of Trust Units of PetroWest Energy Services Trust

Dennis Geherman announced that Geherman acquired ownership over 627,000 trust units of PetroWest Energy Services Trust on December 4, 2008 and ownership over 845,000 trust units on December 19, 2008 (collectively, the “Acquired Units”), representing approximately 4.5% of PetroWest’s issued and outstanding units. Geherman, together with persons who may be joint actors, owns or has [...]

Vermilion Energy Inc. Announces $0.19 Cash Dividend for February 15, 2011 Payment Date

Vermilion Energy Inc. is pleased to announce a cash dividend of $0.19 per share payable on February 15, 2011 to all shareholders of record on January 31, 2011. The ex-dividend date for this payment is January 27, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
Vermilion Energy Inc. [...]

Valerus Compression Services Opens Office in Argentina

Valerus Compression Services, a worldwide leader in natural gas handling services specializing in natural gas processing, treating and compression, has opened an office in Buenos Aires, Argentina, to better serve the growing natural gas market in South America.
The new office will support Valerus’ growing customer base in the Latin America region by providing a full [...]

South Carolina Electric & Gas Company Reaches Settlement Agreement on Fuel Cost Application

South Carolina Electric & Gas Co. (SCE&G), principal subsidiary of SCANA Corporation, has entered into a settlement agreement with the South Carolina Office of Regulatory Staff and the other parties of record regarding the company’s recent filing for a mid-period adjustment to the fuel cost portion of its electric rates. The agreement, which is subject [...]

ShengdaTech Breaks Ground at New NPCC Facility in Zibo

ShengdaTech, Inc. a leading manufacturer of nano precipitated calcium carbonate (NPCC) in the People’s Republic of China (PRC) and a major manufacturer of coal-based chemical products in Tai’an City, Shandong Province, PRC, today announced that the Company has broken ground on its new NPCC facility in Zibo and has begun construction.
The Zibo facility will have [...]

AMSC Manufactures and Ships Superconductor Wire for Project HYDRA Prototype Power Cable

American Superconductor Corporation, a leading energy technologies company, announced today that it has manufactured and shipped approximately 17,000 meters (56,000 feet) of its proprietary second generation (2G) high temperature superconductor (HTS) wire, branded as 344 superconductors, from the company’s manufacturing facility in Devens, MA for use in Project HYDRA. This is the single largest shipment [...]