| DuPont Acquires Chemtura Fluorine Chemicals Business
WILMINGTON, Del., Feb. 1 /PRNewswire-FirstCall/ -- DuPont (NYSE: DD) today announced that it has completed its purchase of Chemtura Corporation's fluorine chemicals business. The move is part of DuPont's strategy to expand its fluorochemicals business offerings; enhance its presence in specialty businesses such as the fire extinguishants, pharmaceutical propellants and fluoro-intermediate markets; and leverage the assets and technologies included in the acquisition for the development of more sustainable fluorochemical materials, such as low global warming potential mobile air-conditioning fluids, foam expansion agents and refrigeration technologies. Financial terms were not disclosed. The acquisition includes all of Chemtura's fluorine business, along with the fluorine chemicals production unit that is part of Chemtura's manufacturing site in El Dorado, Ark., which will be fully integrated into DuPont's operations.
Window AC: Cooling the Atmosphere!
Window air conditioner is becoming one of the basic need of humans. This is one luxury item everyone wants to lay their hands on. In today's scenario, where in we have a profusion of technologies and brands, choosing your air conditioning system should not be very difficult. Living life king-size is what everybody wants, luxury is all we dream about, but what if the scorching sun in mid May is making your life miserable. Well, to avoid this we depend heavily on the air conditioning system. AC is no more a status symbol now-a-days; rather it has evolved as a necessity. The term air conditioning most commonly refers to the cooling and de-humidification of indoor air for thermal comfort. In simpler terms, it is a machine used for cooling, heating and ventilation.
DUCTZ Indoor Air Professionals Helps Restore Monte Carlo Hotel and ...
LAS VEGAS, Feb. 15 /PRNewswire/ -- DUCTZ National Service Team, an affiliate of DUCTZ Indoor Air Professionals, was called in to action for the immediate restoration of conditioned air systems at the Monte Carlo Hotel and Casino in Las Vegas following the fire on January 25. All 3000 hotel rooms were evacuated after smoke and debris contaminated most of the guest room and rooftop air handling and duct systems. The DUCTZ National Service Team was tasked with restoring the hotel's indoor air quality to pre-fire conditions in time for the hotel's opening on February 15. The team, consisting of 72 DUCTZ business owners and technicians, cleaned and restored nearly 1,600 guest rooms and the entire air handling system that provides air to all of the hotel's common areas. With the Monte Carlo facing a huge financial loss for every day the hotel remained vacant, the DUCTZ team committed to completing their portion of the work only ten days after they began.
Bessemer Venture Partners Expands India Team Industry Veteran Devesh ...
LARCHMONT, N.Y., Oct. 17 /PRNewswire/ -- Bessemer Venture Partners, the oldest venture capital operation in the United States, today announced that Devesh Garg has been named a Managing Director of the global investment firm's India practice. Mr. Garg brings more than 20 years of high-tech industry experience to the existing nine-person Mumbai based investment team. In June, Bessemer closed its latest $1 billion global fund with $350 million earmarked for investments in India. Since opening the India office in 2003, Bessemer has invested in 17 Indian companies including: In addition to Mr. Garg, Bessemer has dedicated five other partners to the India effort, including Anil Sarin, who joined Bessemer last year from Prudential ICICI, where he was co-head of equities.
Cyclist, truck collide near OHSU
Twenty five years ago I was an avid bicycle enthusiast and rider. I realized how dangerous it is to mix cars and bikes and gave up bicycle riding on the public streets. It is just not worth the risk. Proponents of bicycles as a major transportation choice are deluding themselves. How many of our fine City workers go about their daily business on bicycles? Save for a few bike cops and the like, the rest of them use motor vehicles to conduct business. The idea that the rest of us are somehow supposed to commute to work on bicycles is irrational thinking. Painting boxes and lines on the roadways just encourages more people to use this dangerous and inefficient form of transportation and does not provide enough safety. Bicycles are regressive, not progressive. Doing the wrong thing harder never works.
Carrier invests in DeWitt campus
Driving into Syracuse from Carrier Circle, visitors drive past a bombed-out-looking hotel and weedy parking lots across the street from Carrier Corp. Friday, Carrier announced plans for a $5 million renovation of its site. The air conditioning and refrigeration giant wants to sell off the parking lots, demolish an old building and upgrade the facade on its building facing Thompson Road. And while Carrier's plans won't take care of the dilapidated Howard Johnson's across from its Thompson Road campus, economic developers say it will go a long way toward sprucing up the neighborhood. Carrier President Geraud Darnis revealed the company's plans to its 1,500 employees during a visit to the DeWitt campus Friday morning. "Our goal is to turn vacant properties into productive assets for the community, while reducing our excess space to make the campus sustainable for the future," he said in a news release.
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