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North America

DuPont breaks ground on cellulosic ethanol facility

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NEVADA, Iowa — DuPont broke ground Friday on a new cellulosic ethanol facility in Nevada, Iowa, which the company believes brings it one step closer to commercializing advanced biofuels.
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Strategic alliance to advance biomass initiatives

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OWOSSO, Mich. — Tri Mer Corp. and Enginuity Energy LLC have established a research agreement for the testing of biomass fuels at Enginuity Energy’s research and development lab in Harrisburg, Pa., the companies announced.
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K-Tron parent acquires Coperion, banks on US polymers renaissance

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Hillenbrand Inc., the parent company of process equipment suppliers K-Tron and Rotex, has agreed to acquire Stuttgart, Germany-based Coperion Capital GmbH, a provider of compounding and bulk materials handling systems, for an estimated purchase price of $530 million.
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BP to sell Texas City refinery to Marathon Petroleum for $2.5 billion

BP has announced over $35 billion toward its goal of $38 billion in divestments
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Oil & gas giant BP reached an agreement in October to sell its Texas City, Texas, refinery and a portion of its retail and logistics network in the Southeast U.S. to Marathon Petroleum Corp. for $2.5 billion.
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North America leads shift in global energy balance, IEA says

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PARIS — The global energy map is changing in dramatic fashion, the International Energy Agency says as it launches the 2012 edition of the World Energy Outlook (WEO). The report
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