The US presidential race is now in full speed as both democratic and republican parties officially nominate their candidates. The future of the US renewable energy market will be at stake as each presidential nominee tries to solve the soaring energy price crisis.
In other news, the 23rd European Photovoltaic Solar Energy conference in Valencia, Spain, will start on September 1. Although I'm not attending the conference (more's the pity), I've been receiving several press releases from chemical companies that deal with the industry and I'll share them with you next week.
For now, here's this week's news roundup.
International Consolidated Companies (ICCI) will acquire Massena, NY-based Bio Plastics Inc. for $5m. The company plans to produce biodegradable plastic products such as CD cases, DVD boxes, etc.
Organic glycerine in Europe
Cremer Care has become the exclusive distributor of organic glycerine and soap noodles from the Daabon group of Colombia for the European cosmetics market. The products were made from palm oil.
Recycled plastic contract
Recycled polymer producer Blue Earth Solutions bagged new supply contracts for expanded polysterene foam with Master Containers, Inc. and Technology Conservation Group.
Acquiring European wind
San Diego, Calif.-based Green Star Alternative Energy plans to buy Serbian wind power company Notos d.o.o. Green Star will also acquire Sirius Regulus, which owns the land used for the various projects constructed by its sister company Notos.
Japan's new solar plant
Mitsubishi Electric plans to build a new photovoltaic cell plant in Nagano Prefecture. The company will also invest a total of 50 billion yen ($459m) to quadruple its annual PV production capacity from 150 megawatts to 600 megawatts by 2012.
And in ICIS News (which requires subscription):
California lawmakers plan to give the California Department of Toxic Substances Control the power to regulate the use of toxic chemicals in the state.
A new report by the Government Accountability Office charged that the Chemical Safety & Hazard Investigation Board (CSB), set up by the US Congress to investigate serious chemical leaks and accidents, is not doing what legislators told it to do.
Greenpeace Germany is charging that the European Union's new rules on maximum residue levels of pesticides will expose German consumers to higher levels than previously allowed.