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FCA: Merger Could Save Us $10 Billion Per Year
2016-04-15 22:50:42| Auto Dealers - Topix.net
It's no secret that Sergio Marchionne , CEO of Fiat Chrysler Automobiles, has sought to form partnerships with other automakers. Now, FCA Chairman John Elkann has renewed the push toward a merger, claiming the move will save the company close to $10 billion annually.
Fracking wells released over 5 billion pounds of methane in one year
2016-04-14 23:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: Being in close proximity to fracking operations could screw up your sexual health, cause developmental defects and cancer, induce seismic activity around you, and the list goes on. Does all that doom and gloom seem, well, a little vague? An Environment America report released Thursday offers raw numbers, based on a set of industry-reported data going back for more than decade. Frackers, the report concludes, have used billions of pounds of cancer-causing chemicals in at least 137,000 wells...
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Chevron's $3 Billion Asian Sale Said to Attract CIC, Ormat 2 hours ago
2016-04-13 03:58:13| Chemicals - Topix.net
Sovereign fund China Investment Corp., Malakoff Corp. and Ormat Technologies Inc. are among companies weighing bids for Chevron Corp.'s Asian geothermal assets, which could fetch as much as $3 billion, people with knowledge of the matter said. Philippine geothermal energy producers Energy Development Corp. and Aboitiz Power Corp. and Japanese trading house Marubeni Corp. are also weighing offers for the assets, the people said, asking not to be identified as the information is private.
TSMC orders equipment for NT$2 billion
2016-04-12 22:52:34| Semiconductors - Topix.net
Taiwan Semiconductor Manufacturing Company has purchased engineering and facility equipment from Applied Materials, Fu Tsu Construction and Tokyo Electron for a total of about NT$2.01 billion , according to filings issued by the pure-play foundry with the Taiwan Stock Exchange on April 11 and 12. TSMC said in filings on April 6 and 7 it spent a total of NT$5.13 billion on fab tools and facilities from Applied Materials, Chenfull International, Hitachi High-Technologies, Lam Research International and Screen Semiconductor Solutions. In a filing on April 1, TSMC disclosed the purchase of NT$17.135 billion worth of equipment from ASML, Ebara and KLA-Tencor.
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Chevron's $3 Billion Asian Sale Said to Attract CIC, Ormat 2 hours ago
2016-04-12 19:59:31| Grocery - Topix.net
Sovereign fund China Investment Corp., Malakoff Corp. and Ormat Technologies Inc. are among companies weighing bids for Chevron Corp.'s Asian geothermal assets, which could fetch as much as $3 billion, people with knowledge of the matter said. Philippine geothermal energy producers Energy Development Corp. and Aboitiz Power Corp. and Japanese trading house Marubeni Corp. are also weighing offers for the assets, the people said, asking not to be identified as the information is private.
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