Despatch Industries Realigns Corporate Business to Focus on Growth Markets

Despatch Industries, the leading process technology provider for the clean technology and thermal processing industries, announces that it has organized its business into three units: Despatch Solar, Despatch Carbon Fiber and Despatch Thermal Technology. The company has seen unparalleled growth in these markets and is now suitably aligned to focus on building strong partnerships with its customers, to expand its technology and process innovations... Read more..

Thermal Energy Expands Senior Management and Sales Team

Thermal Energy International Inc. announce the following senior management appointments: Peter Bennett, Sales and Marketing Director, GEM Ltd. Peter Bennett joins the Company as Sales and Marketing Director, GEM Ltd. Mr. Bennett is responsible for the overall leadership and management of UK and European sales, marketing and business development activities. This includes expanding market presence and growth of the GEM(R) steam trap product line throughout... Read more..

Renew Energy Resources’ Legacy Oil, Florida Signs Production Partnership Term Sheet with Alabama Based EnerSight Fuels, Inc.

Renew Energy Resources, Inc., announced that its wholly owned subsidiary, Legacy Oil, Florida, (Legacy) has executed a term sheet for a production partnership including a long term feedstock supply agreement for recycled waste vegetable oil (RWVO) with EnerSight Fuels, Inc (EnerSight). As part of Renew’s vertical integration business model, Renew has found a feedstock supply partners that can supply material and bring other resources to the partnership.... Read more..

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 in the fourth quarter of 2008. The joint venture company will offer Ensyn’s proven Rapid Thermal... Read more..

Nova Biosource Fuels Achieves Substantial Completion at Seneca Biodiesel Refinery

Nova Biosource Fuels, Inc., a refiner and marketer of ASTM quality biodiesel, announced today it has received certification of substantial completion from the independent engineer for its Seneca biodiesel refinery project. Certification of substantial completion requires that the refinery demonstrates to the satisfaction of the project’s independent engineer the following for a required test period: — throughput levels in excess of... Read more..

LyondellBasell’s World-Class PE and PP Technologies Selected by Kazakhstan Petrochemical Industries

Kazakhstan Petrochemical Industries Inc. LLP, in which LyondellBasell is holding a minority interest, has selected LyondellBasell’s polyethylene (PE) and polypropylene (PP) technologies for three new plants that will have a combined capacity of 1300 KT of polyolefins per year. The plants will be constructed at the petrochemical complex of Karabatan in Kazakhstan. The complex will include a 400 KT per year unit based on Spherilene technology,... Read more..

CB&I Finalizes Lending Arrangements

CB&I announced today that it has finalized amendments to its senior lending agreements, which had been out of compliance as a result of the company’s second quarter performance as previously announced. The amendments provide CB&I with continued access to the lending facilities for performance letters of credit, working capital and other corporate uses. About CB&I CB&I combines proven process technology with global capabilities... Read more..