City of Industry, CA --(www.USEquityNews.com)-- 11/01/2007 - Alternative Energy industry alert provided by U.S. Equity News. In order to place greater focus on its core businesses, Chemtura Corporation (NYSE: CEM) announced that it sold its optical monomers business to Acomon AG, an affiliate of Munich-based Auctus Management GmbH & Co. KG in an all-cash transaction recently for an undisclosed amount. Included in the transaction is Chemtura’s Ravenna, Italy manufacturing facility. Proceeds from the sale will be used primarily for debt reduction.

ALL Fuels & Energy Company (OTCBB: AFSE) recently announced it has reached the final documents phase in a partnership providing $27 million of convertible debt/equity for the purchase of Ace Ethanol, LLC. ALL Fuels & Energy continues to negotiate the acquisition of Ace Ethanol, LLC. "I am pleased to have reached this phase with our equity partner and with our overall progress towards this acquisition," said ALL Fuels & Energy President, Dean Sukowatey.

Basell and Lyondell Chemical Company (NYSE: LYO) jointly announced recently their plans for naming the company which will result from their planned merger. Following completion of the merger transaction, the newly combined company will be named LyondellBasell Industries. Lyondell announced Sept. 25 that a special meeting of its shareholders has been scheduled for Tuesday, Nov. 20 to vote on the proposal to adopt the Agreement and Plan of Merger, dated as of July 16, 2007, among Basell AF, BIL Acquisition Holdings Limited and Lyondell.

Polypore International, Inc. (NYSE: PPO) recently announced that it will be participating in three upcoming investor conferences in November. The Company's Chief Executive Officer Robert B. Toth and Chief Financial Officer Lynn Amos are scheduled to speak at all three events. The first will be the JPMorgan SMid Cap Conference, which takes place in Boston on November 5-6, 2007. Polypore is scheduled to present its investor presentation at 8:00 a.m. ET on Tuesday, November 6.

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