New rise on the BSE at the start of the week
Market Overview
DEALS
Precious buys bulk carrier for USD 16.7m
(SeeNews) - Feb 22, 2012 - Thai marine transportation company Precious Shipping PCL (BAK:PSL) today said that through a subsidiary it had agreed to buy a second-hand bulk carrier from an Indian company for USD 16.7 million (EUR 12.6m).
RENEWABLES
Cool Planet reaches 4,000 lbs/acre biomass-to-gasoline yield
(SeeNews) - Feb 22, 2012 - US biofuel technology developer Cool Planet BioFuels today said it had achieved a yield of 4,000 gallons of cellulosic gasoline (15,140 litres) per acre of giant miscanthus plantations in pilot tests, using a new technology.
M & A
Poland to negotiate sale of state-owned wire products maker
(SeeNews) - Feb 22, 2012 - Poland's treasury, the ministry in charge of state assets, invited today interested parties for negotiations on the sale of state-owned wire products maker Fabryka Przewodow Energetycznych SA.
WORLD
ABN Amro removes PostNL from top picks
(SeeNews) - Feb 22, 2012 - ABN Amro removed Dutch mail company PostNL (AMS:PNL) from its list of favourite stocks for the Benelux region.