Mauritius-based Frontline Strategy Ltd, a Fabiani Family Office-anchored asset management company with prime focus on private equity investments, today announced an investment of USD 7 million in Krishna Saa Fabs Private Limited.
Krishna Saa Fabs fabricates structural engineering products used in the high growth infrastructure support sectors of telecom, national highways, airports, and ship-building. The company’s [...]

MIPSolutions, Inc., a Nevada corporation with offices in Spokane, WA, today announced that third-party laboratory analyses has verified that the Company’s recently developed MIP (Molecularly Imprinted Polymer) bead has successfully separated gold from a gold cyanide solution loaded with mercury without also removing mercury. The MIP bead was first pioneered at the Company’s laboratory at [...]

Wholesale Mine Supply (WMS), Irwin, PA, the largest supplier of two-way underground communications systems in the U.S. has added Venture Design’s MineTracer Communication and Tracking System to its portfolio. MineTracer was approved for use in underground mines by the Mine Safety and Health Administration (MSHA) in January 2008.
“We are really impressed with this system,” said [...]

FreightCar America, Inc. reported financial results for the three months ended June 30, 2008. For the second quarter of 2008, sales were $141.3 million and net loss was $0.9 million, or a net loss of $0.08 per diluted share. These results include charges related to a loss contingency reserve due to sharp material cost increases [...]

Petroleum Geo-Services ASA has been awarded a contract for a series of seismic surveys to be conducted in the summer of 2009 for StatoilHydro. Four of the Company’s seismic vessels will be involved in the surveys, giving a total contract value of around USD 100 million.
StatoilHydro will be the first customer for the Ramform Sterling, [...]

Air Products has signed a long-term contract with Weihe Clean Energy Company Limited, a subsidiary of Shaan’xi Weihe Coal Chemical Group Ltd, one of China’s largest coal-based fertilizer and methanol producers, to supply onsite gaseous oxygen and nitrogen for its phase three coal-to-chemicals project in Weinan Hi-Tech Zone (WHTZ) in Weinan city, Shaan’xi Province, [...]

CDC Software, a wholly-owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, announced today that it has added two new partners from Chile and Brazil to its growing and diversified Franchise Partner Program, that now totals seven companies.
The CDC Software Franchise Partner Program funds CDC Software’s investments, through [...]

Landdrill International Inc. is pleased to announce that through its wholly owned Canadian subsidiary, it has acquired the assets of the exploration drilling company Forages M. Lafreniere Inc. (”FML”).
FML is a Nedelec, Quebec based mineral exploration drilling contractor, operating seven drill rigs in Quebec and Ontario. LDI is acquiring all drilling equipment, support equipment and [...]

Hexion Specialty Chemicals, Inc. today announced that it has been named a recipient of a prestigious R&D 100 Awards for 2008, which recognize the 100 most significant proven technological advances of the year, according to R&D Magazine.
These awards have been called the “Oscars of Invention.” For more than 45 years, the R&D Awards have provided [...]

Based on its recent analysis of the heavy-duty truck bearings market, Frost & Sullivan has presented GGB Bearing Technology with the 2008 North American Frost & Sullivan Award for Product Innovation of the Year in the Class 7-8 truck bearings segment. Each year, this award is presented to the company that has demonstrated excellence in [...]