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Bucyrus International Inc. (Nasdaq:BUCY) a world leader in the design and manufacture of mining equipment, announced that the organization has issued its 2010 Sustainability Report, externally assured at the B+ application level in accordance with the Global Reporting Initiative's Sustainability Reporting Guidelines for the second consecutive year.
Bucyrus International, Inc. engages in the design and manufacture of mining equipment for the extraction of coal, copper, oil sands, iron ore, and other minerals in mining centers worldwide.
Joy Global, Inc. (Nasdaq:JOYG) announced that it will release fiscal second quarter 2011 earnings results prior to the opening of business on Thursday, June 2, 2011. A conference call is scheduled for 11:00 a.m. EDT that same day to discuss the financial results. Michael W. Sutherlin, President and CEO of Joy Global Inc. and Michael S. Olsen, Executive Vice President, CFO and Treasurer, will host the call. Alternatively, interested parties can listen to a live webcast of the call on the Joy Global Inc. web site at http://investors.joyglobal.com/events.cfm. To listen, please register and download audio software on the site at least 15 minutes prior to the start of the call. A replay of the webcast will be available until the close of business on July 1, 2011.
Joy Global Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, copper, iron ore, oil sands, and other minerals worldwide. The company operates in three segments: Underground Mining Machinery, Surface Mining Equipment, and Continental Crushing and Conveying.
Cleantech Transit Inc. (OTCPK:CLNO)
Cleantech Transit Inc. recently announced that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas ("syngas"), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California's feed-in-tariff with a 15-year power purchase agreement.
Biomass does not add carbon dioxide to the atmosphere as it absorbs the same amount of carbon in growing as it releases when consumed as a fuel. Its advantage is that it can be used to generate electricity with the same equipment or power plants that are now burning fossil fuels. Biomass is an important source of energy and the most important fuel worldwide after coal, oil and natural gas. In the developed world biomass is again becoming important for applications such as combined heat and power generation. In addition, biomass energy is gaining significance as a source of clean heat for domestic heating and community heating applications.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide. Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
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