Polaris announces change to board of directors

On behalf of the Board of Directors of Polaris Minerals Corporation, Dr. Roman Shklanka, Chairman, today announced the resignation of Mr. Robert Edsel from the Board. Dr. Shklanka said, “Robert Edsel has been an active member of the Board since 2002, and on behalf of the Company, its shareholders, and my fellow Directors, I would like to thank him for his guidance and contribution to the Company’s... 

Ameron Reports Solid Earnings Despite Difficult Market Conditions

Ameron International Corporation reported net income of $15.0 million, or $1.63 per diluted share, in the third quarter ended August 31, 2008, compared to $21.1 million, or $2.32 per diluted share, in the third quarter ended August 26, 2007. Sales in the third quarter of 2008 totaled $170.1 million, compared to sales of $165.0 million in the third quarter of 2007. Net income in the third quarter of... 

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Schnitzer Steel Industries Acquires Puerto Rico Metals Recycler

Schnitzer Steel Industries, Inc. announced that it has signed a definitive agreement to acquire Ponce Resources of Salinas, Puerto Rico. Ponce is engaged in the business of collecting, processing, and selling ferrous and nonferrous scrap metal and operates at four locations in the Commonwealth of Puerto Rico. The acquisition is expected to close during Schnitzer’s fiscal first quarter of 2009. Commenting... 

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Polaris to purchase land in the Port of Long Beach, California

Polaris Minerals Corporation announced that its subsidiary, Eagle Rock Aggregates Inc., (ERA) has satisfactorily completed its due diligence review of a parcel of land at Pier B, in the Port of Long Beach, California, and will complete the purchase for US$15.18 million. The transaction is scheduled to close on or about August 18, 2008. With this investment, ERA will own a 66% interest in the 12.4 acre... 

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Long Beach Terminal acquisition agreement extended

Polaris Minerals Corporation today announced that its subsidiary, Eagle Rock Aggregates Inc., has extended the agreement to purchase the 12.4 acre Pier B site in the Port of Long Beach, California. The Company now has until August 4, 2008, to complete its due diligence review. Upon the conclusion of satisfactory due diligence, the transaction is expected to close on or about August 18, 2008. Polaris... 

WorldWater & Power Corp. Wins Its First U.S. General Services Administration Contract Bid for Solar System at Federal Courthouse in Trenton

WorldWater & Power Corp., developer and marketer of proprietary high-power solar systems, today announced that the company has been awarded a $346,694 contract by the U.S. General Services Administration (GSA) to build a solar electric system at the Clarkson S. Fisher U.S. Courthouse Annex in Trenton, New Jersey. The project is a joint venture with Ray Angelini, Inc. (RAI) of Sewell, New Jersey.... 

Utilities making plans to return to coal power

Thanks to the high prices of oil and natural gas, the electricity industry is turning back to coal, America’s oldest and most abundant fossil fuel, to drive a new generation of power plants. The upshot is that even as politicians take the threat of global warming more seriously, the problem may get much worse. Utilities are proposing to build 154 coal-fired power plants in the next 25 years,... 

Enough water for ethanol?

Ethanol may not be the energy panacea many in Hawai’i had hoped for. Producing the biofuel from sugar cane would help move Hawai’i away from dependence on imported oil while invigorating the farm industry. Sounds great, but making it happen is far from simple. The barriers to producing ethanol locally include: # Building production plants. # Getting water rights switched back to sugar cane... 

Candidates come out against oil drilling

As lawmakers on Capitol Hill prepare for negotiations on competing proposals to expand domestic offshore oil and gas drilling, most Democrats running to replace Rep. Ed Case in the U.S. House say they would not support the lower chamber’s version of the bill. “Clearly, H.R. 4761 is a knee-jerk solution that endangers the environment, namely coastal life, and lives of brave men and women... 

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Gas Prices Near Record On Oil Field Loss

The fast rise in oil prices after BP’s announcement that it was shutting down one of its biggest oil fields for repairs that could take months appeared to have leveled off Tuesday morning. Oil prices fell in several markets, but the price was still more than $1 above last week, putting pressure on prices at the pump. Light sweet crude for September delivery on the New York Mercantile Exchange...