Rockwood Holdings Inc. (NYSE:ROC) announced that it has voluntarily paid down $410 million of senior secured debt and completed the refinancing of a new senior secured credit facility of $850 million, with a maturity of seven years and an interest rate of LIBOR plus 2.75 percent, with a one percent LIBOR floor. Seifi Ghasemi, Rockwood chairman and chief executive officer, said, “The voluntary pay down of debt and the refinancing of our senior secured credit facility will result in a saving of approximately $40 million in interest expense on a full year basis, as compared to 2010. This activity is further confirmation of our ability to generate free cash and demonstrates our strategic intent to strengthen our balance sheet.”
Rockwood Holdings, Inc. engages in the development, manufacture, and marketing of specialty chemicals and advanced materials for industrial and commercial purposes worldwide. The company was incorporated in 2000 and is based in Princeton, New Jersey.
GreenHouse Holdings, Inc. (OTC Bulletin Board:GRHU.OB) and ten tequila distilleries, members of the largest and most profitable export industry in Mexico, announced that they are becoming more energy efficient and environmentally sustainable as mandated by recently enacted regulations. The distilleries have entered into agreements with GreenHouse Soluciones, a wholly-owned subsidiary of Southern California-based Greenhouse Holdings, Inc., a leading provider of energy efficiency and sustainable infrastructure. The agreements are expected to generate over $8 million in revenues for GreenHouse in 2011.
GreenHouse will remove approximately 600 tons of solid agave waste per day from its initial ten Tequila customers, which represents approximately 33% of the total agave waste from the area. The Company estimates it will receive approximately $1.7 million annually in revenues based on the initial ten customers. In addition, GreenHouse plans to convert the waste to compost and sell fertilizer to local farmers which can in turn be used to protect the soil of the region. The company estimates they will be able to produce approximately 120,000 tons of compost fertilizer per year, which equates to approximately $6.5 million in additional revenues for GreenHouse.
For every liter of Tequila produced, ten liters of liquid waste known as Vinassa and 5-6 kilograms of solid waste fibers known as Bagasse is also generated. In 2009 alone, 249 million liters of Tequila were produced along with 1.245 million tons of fiber waste. Small and mid-sized Tequilerias make up approximately 50% of all Tequila produced in Mexico, and often don't have access to the resources needed to properly dispose of their waste as is required by local laws. As a result, much of the waste is dumped into local streams and city dumps, creating a host of environmental hazards and health concerns, and the contamination of Mexico's water supply.
GreenHouse has also retained Rubenstein Public Relations to generate media exposure for the company's efficient and environmentally sustainable innovations.
According to John Galt, Executive Chairman of GreenHouse Holdings, "As a sustainable solutions integrator, we deliver world-class products and systems to a diverse clientele, ranging from single households to industries, communities and entire countries."
More about GRHU at: www.greenhouseintl.com
Digital Realty Trust Inc. (NYSE:DLR) a leading global wholesale datacenter provider, announced that its Board of Directors has authorized quarterly common and preferred stock dividends for the first quarter of 2011. We have increased our quarterly common stock dividend by 28.3% to $0.68 per share because of our growth in taxable income and cash flow as well as our optimism regarding our future growth. This is the 9th dividend increase since our IPO in the fourth quarter of 2004. On an annualized basis, this represents an increase of 34.7% over the 2010 annual dividend of $2.02 per share and a compounded annual growth rate of 18.2% since our first full quarter of operations following the IPO in 2005, said A. William Stein, Chief Financial Officer and Chief Investment Officer of Digital Realty Trust.
Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate.
VoIP industry is fast augmenting and hence it assures a definite hike in the revenue generation to any organisation that steps into this field.
Hosted IP-PBX gives businesses of all sizes the most productive phone system calling features typically offered to only the largest enterprises. No in-house systems or software to purchase, manage and maintain is required for the phone system to work.
Crown Equity Holdings Inc. (OTCBB:CRWE.OB) announced that its subsidiary company, Crown Tele Services Inc. is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions this year.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communication solutions specifically designed to meet the market needs.
More about CRWE at: www.crownequityholdings.com
Banco Santander-Chile (NYSE:SAN) announced its unaudited results for the fourth quarter and full year 2010. These results are reported on a consolidated basis in accordance with Chilean GAAP in nominal Chilean pesos. In 4Q10, net income attributable to shareholders(1) totaled Ch$93,872 million (Ch$0.50 per share and US$1.11/ADR(2)). Excluding a one-time charge of Ch$39,800 million recognized in the quarter as a result of new regulatory provisioning standards for commercial loans, adjusted net income totaled Ch$133,672 million (Ch$0.71 per share and US$1.57 per ADR) and increased 6.6% compared to third quarter 2010 (QoQ) and -2.6% compared to 4Q09 (YoY).
Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. It offers time and demand deposits, checking accounts, and debit card accounts; and peso and foreign currency denominated loans to finance a variety of commercial transactions, trade, foreign currency forward contracts, and credit lines.
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