G.M. Buys Stake in Ethanol Made From Waste
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Eager to ensure a supply of fuel for the fleet of flex-fuel ethanol-capable vehicles it is building, G.M. has invested in a start-up bio-fuel producer,  Coskata, Inc.
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The government awarded $385 million in grants last week aimed at jumpstarting ethanol production from nontraditional sources like wood chips, switchgrass and citrus peels. What's surprising is that half of the six projects chosen will use a process first discovered almost a century ago to turn coal into a gas.
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Fools share their thoughts on ethanol and energy.
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PepsiCo Inc. (PEP.N: Quote, Profile, Research) will pay $750 million for General Mills Inc.&#39;s (GIS.N: Quote, Profile, Research) 40.5 percent stake in their Snack Ventures Europe joint venture, the companies said on Monday.
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General Motors Corp.  will inject $1 billion into GMAC, its former finance arm said on Tuesday, a capital infusion needed to complete the sale of the automaker's majority stake in the face of escalating defaults in the U.S. mortgage market.
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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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Loews Corp. , a conglomerate,  said on Monday it agreed to buy natural gas exploration and  production assets in three states from Dominion Resources Inc.   for $4.025 billion in cash to diversify its revenue  stream.
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Billionaire Kirk Kerkorian's Tracinda Corp. investment firm on Wednesday said it had sold $462 million of stock in General Motors Corp this week, taking its stake in the automaker to 7.4 percent from 9.9 percent.
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General Electric Co.'s  energy unit will pay $603 million for a stake in Regency Energy Partners LP , an owner of natural gas pipelines and storage equipment.
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Henkel KGaA has agreed to sell back a  29-percent stake in U.S. cleaning products maker Clorox Co. for  $2.84 billion in cash and assets, helping the German soaps and  adhesives group finance its buy of U.S. detergents and  cosmetics group Dial Corp.
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TORONTO - Ontario Premier Dalton McGuinty says gas sold in the province will have to contain at least five per cent ethanol within three years.
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The company converts municipal solid waste, including sewage sludge, into a solid that can be burned as fuel.
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By Rachel Melcer, St. Louis Post-Dispatch  Dec. 15--The parking lots, rusted tanks and idle equipment of a  century-old Sauget chemical plant will be transformed into a haven for biofuel  production, say officials at Solutia Inc., its owner.
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Ontario, Canada, Premier Dalton McGuinty has said gas sold in the province will have to contain five percent ethanol within three years.
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Better BioDiesel, a Utah-based producer of a biodiesel fuel, says it plans to buy GeoAlgae Technologies for an undisclosed sum.
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The ethanol producer's star is rising once more.
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HOUSTON Pogo Producing Company today announced it&#39;s agreed to buy some oil and natural gas properties -- mainly in West Texas.