Washington-based diesel truck and engine maker Paccar recently reported that its first-quarter (1Q) 2015 net income rose year-on-year to $378.4 million, up 38% from $273.9 million in 1Q 2014.
Canada-based Ballard Power Systems recently announced that it received an order from a Chinese customer to supply its next-generation and trademarked “FCvelocity-HD7” power modules for eight buses to be deployed in a number of Chinese cities.
The U.S. Patent Office recently announced that chemical giant DuPont has applied for a patent on a gasoil hydroprocessing scheme aiming to boost diesel yield.
New York-based cellulosic-sugar developer Sweetwater Energy Inc. recently closed on a $10-million bridge loan as the company readies to open its Series B investor round later this quarter to begin construction of its first commercial-scale biomass-to-sugar production facility.
Shintech Inc., a North American subsidiary of Japan-based Shin-Etsu Chemical Co. Ltd., has announced plans for the construction of an ethylene production plant to be built on land owned by the company in Plaquemine, La.
The Minnesota Trucking Association, together with a coalition of vehicle- and fuel-industry organizations, recently filed a lawsuit in federal court challenging Minnesota’s requirement that diesel sold at the pump contain 10% biodiesel (B10).
Brazil’s oil major Petrobras posted a $7-billion net loss for all of 2014 thanks to huge asset impairments and massive write-offs related to the “Operation Car Wash” bribery scandal, the company revealed April 22.