Compass Minerals Announces Agreement to Trade Great Salt Lake Leases in Long-Range Plan to Produce More Sulfate of Potash Specialty Fertilizer

Great Salt Lake Minerals Corp., a subsidiary of Compass Minerals, announced that it has agreed with the state of Utah to exchange undeveloped existing leases in navigable areas of the Great Salt Lake for leases covering 37,000 acres in highly saline regions of the lake that are preferable for production of sulfate of potash specialty fertilizer. “This lease exchange agreement is part of our long-term... 

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Compass Minerals’ Subsidiaries Announce Liquid Magnesium Chloride Price Increase

North American Salt Company and Sifto Canada Corp., both subsidiaries of Compass Minerals, have announced an average $4.50 per-ton price increase on liquid magnesium chloride-based products effective with all North American shipments on November 3, 2008, or as contracts allow. This 6 percent to 10 percent average price increase is being implemented to support investments needed to meet growing demand.... 

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Global Energy Services Ltd. receives $1.6 million pump order from a gas producer

Global Energy Services Ltd. announce a major gas producer has placed an order in excess of $1.6 Million for several Activator hydraulic submersible pumps and associated components. Over the next several months, the pumps will be installed in the gas producer’s conventional gas and Coalbed Methane (CBM) wells in Alberta. The producer selected Global’s patented pump for three primary reasons:... 

China Gengsheng Minerals, Inc. Announces a 5-Year Sales Contract for Fine Precision Abrasives

China Gengsheng Minerals, Inc., a materials technology company in China with products capable of withstanding high temperature, saving energy and boosting productivity in certain industries such as steel and oil, today announced that it has signed its first sales contract for its fine precision abrasive products with a Taiwan-based vendor. The term of the contract is five years, with 300-500 metric... 

Frost & Sullivan Commends General Cables’ Efforts in Energy Exploration and Value-Added Services

Frost & Sullivan presented General Cable with the 2008 North American Frost & Sullivan Award for Growth Excellence in the Energy Cables market. The Award recognizes General Cable for serving a diverse set of customers, with wide ranging applications, on a truly global scale. The company has achieved consistent growth in the world interconnects space – a feat that is as much a measure of... 

Yingli Green Energy in Deal with Belgium’s Enfinity

Yingli Green Energy Holding Co. Ltd., which makes solar products, received a contract from Belgium-based Enfinity Management BVBA to supply solar modules. The agreement, financial terms of which were not disclosed, calls for China-based Yingli to supply 10 megawatts of solar modules, or packages of solar cells. The contract, which runs from this month through the end of the year, is Yingli’s... 

Solamatrix, Inc. Opens Tampa Bay Headquarters and Manufacturing Facility

Solamatrix, Inc. manufacturer of solar control window film products recently opened its corporate headquarters and production facility in St. Petersburg, FL. After acquiring the assets of Film Technologies International in March 2008 including the 100,000-square-foot facility, manufacturing equipment and rights to all intellectual property, Solamatrix has already created over 60 new jobs and plans... 

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Solar Shares Shine Again

Investors warmed to shares of solar energy products makers again as a Jefferies & Co. analyst upgraded shares of a solar wafer maker and another praised the sector’s strong fundamentals. Analyst Paul Clegg raised Evergreen Solar Inc. to “Buy” from “Hold” in a note to investors, saying the stock’s recent price decline makes it an attractive buy. Evergreen shares... 

Quake May Crimp China’s Solar Operations

Calyon Securities analyst George Kotzias warned investors some clouds may be on the horizon for Chinese solar companies following the devastating earthquake in that country. He noted that the epicenter of the 7.9 magnitude quake is near one of China’s main polysilicon production areas. Polysilicon is a crucial component for solar products. Kotzias says the plants themselves appear structurally... 

Prospects for Solar Credits Boost Shares

Nothing but blue skies for shares of many solar products makers, as a Citi Investment Research analyst said prospects look good for continuation of government solar tax credits. Analyst Timothy M. Arcuri said in a client note that his “contacts indicate the House Ways and Means Committee is likely to propose a new bill that will extend most of the credits for at least several years — longer...