August 29, 2008

Weekly News Roundup

The US presidential race is now in full speed as both democratic and republican parties officially nominate their candidates. The future of the US renewable energy market will be at stake as each presidential nominee tries to solve the soaring energy price crisis.

In other news, the 23rd European Photovoltaic Solar Energy conference in Valencia, Spain, will start on September 1. Although I'm not attending the conference (more's the pity), I've been receiving several press releases from chemical companies that deal with the industry and I'll share them with you next week.

For now, here's this week's news roundup.

Bioplastic buyout
International Consolidated Companies (ICCI) will acquire Massena, NY-based Bio Plastics Inc. for $5m. The company plans to produce biodegradable plastic products such as CD cases, DVD boxes, etc.

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