Lubrizol Declares Dividend and Williams Partners L.P. Completes Acquisition of Interests in Wamsutter LLC From Williams
Share:
City of Industry, CA --(www.USEquityNews.com)-- 12/12/2007 - Alternative Energy industry alert provided by U.S. Equity News. At a recent Organization Meeting of the Board of Directors of The Lubrizol Corporation (NYSE: LZ), Directors declared a regular quarterly dividend of 30 cents per share payable March 10, 2008 to shareholders of record at the close of business on February 8, 2008. The Lubrizol Corporation is an innovative specialty chemical company that produces and supplies technologies that improve the quality and performance of our customers' products in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel.
Within weeks of the start-up of its joint venture dimethyl ether (DME) plant in China, Methanex (NASDAQ: MEOH) has executed a Memorandum of Understanding for the development of a similar plant in Egypt. This new plant will have a capacity of 200,000 tonnes of DME per year and will consume approximately 300,000 tonnes per year of methanol. The Egyptian DME joint venture will include Methanex and XinAo Group (Methanex's DME joint venture partner in China) as minority participants, with the government owned Egyptian Petrochemicals Holding Company (Echem) holding the majority interest.
Williams Partners L.P. (NYSE: WPZ) and Williams announced recently that Williams Partners has completed its acquisition of certain membership interests in Wamsutter LLC, the limited liability company that owns the Wamsutter system, from Williams for $750 million. The Wamsutter system includes an approximate 1,700-mile natural gas gathering system in the Washakie Basin in south-central Wyoming and the Echo Springs cryogenic processing plant near Wamsutter, Wyo. Williams Partners completed the transaction after successfully closing a public equity offering of 9.25 million common units that yielded net proceeds of approximately $335.2 million.
ALL Fuels & Energy Company (OTCBB: AFSE) President Dean Sukowatey recently expanded on his statements contained in a November 8, 2007, article (by S.P. Dinnen, http://www.allfuelsandenergy.com/web.page.desmoinesregister.110807.pdf) in the Des Moines (IA) Register, after numerous inquiries. In particular, Mr. Sukowatey discussed the ALL Fuels' slogan, "Ethanol... a Commitment to America," and how strongly committed the company is to supporting alternative fuels production. Mr. Sukowatey offered as an example ALL Fuels' ongoing investigation of opportunities relating to increased efficiencies in produ
About U.S. Equity News
U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.
U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.
Contact Information:
U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com
Comments:
Disclaimer:
User Comments do not reflect the views of US Equity News, and we are
not responsible for the content of users' comments. We also reserve the
right to edit or delete comments to our discretion.