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White House Announces First Ever Oil Savings Standards for Heavy Duty Trucks, Buses
Saving $50 billion in fuel costs and over 500 million barrels of oil
August 9, 2011 - WASHINGTON – Today, President Obama will meet with industry officials to discuss the first of their kind fuel efficiency and greenhouse gas pollution standards for work trucks, buses, and other heavy duty vehicles and to thank them for their leadership in finalizing a successful national program for these vehicles. This meeting marks the Administration’s announcement of the standards, which will save American businesses who operate and own these commercial vehicles approximately $50 billion in fuel costs over the life of the program. The U.S. Department of Transportation (DOT) and the Environmental Protection Agency (EPA) developed the standards in close coordination with the companies that met with the President today as well as other stakeholders, following requests from companies to develop this program. The cost savings for American businesses are on top of the $1.7 trillion that American families will save at the pump from the historic fuel-efficiency standards announced by the Obama Administrations for cars and light duty trucks, including the model year 2017-2025 agreement announced by the President last month.
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Solazyme and Bunge Sign Framework Agreement for Commercial Renewable Oil Plant in Brazil
August 8, 2011 - Solazyme, Inc. (NASDAQ: SZYM), a renewable oil and bioproducts company, and Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited (NYSE: BG), a global agribusiness and food company, announced today that they have entered into a framework agreement for the formation of a joint venture entity (“JV”) focused on the production of triglyceride oils in Brazil. The JV anticipates building a 100,000 MT renewable oil production facility located at a Bunge owned sugar cane mill in Brazil. Engineering for the plant will begin immediately and will be funded by both parties. Upon successful completion of site-specific engineering designs and execution of final JV agreements, construction on the facility will commence, with a targeted start-up during the 2013 cane harvest.
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GRNO's Wholly Owned Subsidiary Custom Carbon Processing Inc. Reports Highest Oil Production in Company History
EDMONTON, AB -- (Marketwire) -- 08/05/11 -- Green Oasis Environmental Inc. (PINKSHEETS: GRNO), a Florida corporation, is pleased to announce its wholly owned subsidiary Custom Carbon Processing Inc., (CCP) is currently making oil at a faster than expected rate. Oil production at this pace, as well as high stock levels, has netted CCP the best production month ever. With most of the finished oil coming from the Wyoming location, CCP produced approximately 7,200 bbls of finished, high-grade oil.
CCP is also pleased to announce that it has entered into a reclamation contract with a Wyoming company to process oil on an ongoing basis for the foreseeable future.
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TODAY'S ENVIRO-TIP
Allow grass clippings to stay on the lawn, instead of bagging them. The cut grass will decompose and return to the soil naturally.
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Amyris Partners with Kuraray to Develop Renewable Polymers
Amyris’s Biofene™ to replace petroleum-derived feedstock in polymer production
EMERYVILLE, Calif. (August 1, 2011) – Amyris, Inc. (NASDAQ: AMRS) has signed a collaboration agreement with Kuraray Co., Ltd. to develop innovative polymers from Biofene™, a renewable hydrocarbon building block made using Amyris’s technology. Under the agreement, Kuraray will use Biofene to replace petroleum-derived feedstock such as butadiene and isoprene in the production of specified classes of high-performing polymers. Upon successful completion of the technical development program for the first polymer, Amyris and Kuraray will enter into a supply agreement for Kuraray’s exclusive use of Biofene in the manufacturing and commercialization of these polymer products.
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