G.M. Buys Stake in Ethanol Made From Waste
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Eager to ensure a supply of fuel for the fleet of flex-fuel ethanol-capable vehicles it is building, G.M. has invested in a start-up bio-fuel producer,  Coskata Inc.
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MOSCOW Gazprom, the leading Russian gas company, said Tuesday that it would buy one of the country&#39;s largest oil producers, a move that forms a state-controlled energy juggernaut and signals the first step toward ending a ban on foreign ownership of
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Ionics Inc., a Watertown water treatment company with global operations, agreed to be purchased yesterday by General Electric Co. for $1.1 billion in cash.
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International Paper Co., the world&#39;s largest forest products company, has agreed to sell all of the 1.1 million acres of woodlands it owns in Maine and New Hampshire to GMO Renewable Resources LLC for $250 million.
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The government awarded $385 million in grants last week aimed at jumpstarting ethanol production from nontraditional sources like wood chips, switchgrass and citrus peels. What's surprising is that half of the six projects chosen will use a process first discovered almost a century ago to turn coal into a gas.
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General Electric Co.'s  energy unit will pay $603 million for a controlling stake in Regency Energy Partners LP , an owner of natural gas pipelines and processing equipment.
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Henkel KGaA has agreed to sell back a  29-percent stake in U.S. cleaning products maker Clorox Co. for  $2.84 billion in cash and assets, helping the German soaps and  adhesives group finance its buy of U.S. detergents and  cosmetics group Dial Corp.
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PepsiCo Inc. on Monday agreed to buy General Mills Inc.&#39;s 40.5 percent stake in a European joint venture between the two food giants for $750 million.
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General Motors said it was buying 50 percent of the Italian diesel engine maker VM Motori from Penske Corporation.
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Growing capacity could break the heart of ethanol investors.
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BreitBurn Energy Partners is buying natural gas assets in the Midwest from Quicksilver Resources for $1.45 billion, a deal that will cut the stake that BreitBurnâs major shareholder has in the partnership.
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General Motors Corp  is planning  for half its cars in the United States to be running on ethanol  by 2012, the Associated Press reported.
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LONDON : Drinks giant Diageo said it had raised 2.26 billion dollars (1.84 billion euros) from the sale of 49.9 million shares in US food company General Mills Inc.
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PITTSBURGH NOVA Chemicals Corporation has reached an agreement to sell its interest in Alberta Ethane Gathering System to Fort Chicago Energy Partners LLP.
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The $25 million pilot plant at Dominion's R & D center will use wood chips, corn stover and switchgrass to make natural gas.
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General Mills Inc.  on Monday said it will sell an &#36;835 million stake in its cereal business to an affiliate of Lehman Brothers Holding Inc.  and use the money to buy back 16.5 million of its common shares from Diageo Plc .
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After seeing Midwestern farmers improve their lot by selling corn to ethanol distilleries, sugar cane and sugar beet growers want their own ethanol deal, paid for by U.S. taxpayers.