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UPDATE 2-Brazil's Odebrecht mulls sale of Braskem's stake -sources

2016-03-12 04:53:43| Chemicals - Topix.net

Grupo Odebrecht SA , Latin America's largest engineering conglomerate, is considering selling its stake in petrochemical producer Braskem SA, according to three sources with direct knowledge of the situation. Odebrecht, controlled by the namesake millionaire Brazilian family, could exit Braskem in a joint transaction with state-controlled oil producer Petroleo Brasileiro SA, said the sources, who requested anonymity because the plan remains under study.

Tags: sale update sources stake

 

The Wall Street Journal: General Mills to double organic sources

2016-03-09 16:41:00| Agriculture - Topix.net

General Mills Inc. said Wednesday it would double the organic acreage from which it sources ingredients as it sees continued demand for organic products. "To achieve the growth we anticipate for our natural and organic brands, we will need a more robust pipeline of organic growers," said John Church, executive vice president, General Mills Supply Chain.

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Two top grain traders at BTG Pactual have left -sources

2016-03-03 00:05:38| Oil & Gas - Topix.net

Two top grain traders at BTG Pactual have left the company, sources familiar with the matter and traders said on Wednesday. Larry Greenhall, who had been the head of grains, oilseeds and sugar trading for BTG Pactual in New York, left late in February, two traders and two other sources said.

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Automatic Circuit Reclosers Help Connect Renewable Energy Sources to Smart Grids

2016-03-01 20:12:00| Transmission & Distribution World

NOJA Power has highlighted how the next generation of Automatic Circuit Reclosers such as future versions of its OSM series ACRs, will lower the cost and simplify connection of renewable energy generation to smart grids. read more

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Deutsche Telekom puts sale of T-Mobile U.S. on ice: sources

2016-03-01 16:00:40| Telecom - Topix.net

Deutsche Telekom has put the sale of T-Mobile US on ice as an auction of radio airwaves will keep it busy for most of the year and potential suitors are expected to wait for a more favorable political environment toward telecoms mergers, two sources said on Tuesday. The U.S. Federal Communications Commission is due to start an auction for low-frequency airwaves at the end of this month, which industry observers expect could last for months.

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