A group of international investors is interested in buying UK water supplier Severn Trent, the company confirms.
Read the original post: Takeover approach for Severn Trent
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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...
Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
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Changes to the state pension, clearer rights for consumers, and measures on energy and water, are among the government’s legislative programme set out in the Queen’s Speech.
View post: Plan to simplify pensions and rights
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LONDON, May 8, 2013
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LINCOLN, Nebraska, May 7, 2013
LINCOLN, Nebraska, May 7, 2013 /PRNewswire/ –
Water Technologies International, Inc. (OTC: WTII) announces the release of a research report that has been issued by
Category : World News
Danone has filed a Home Country News Release – Danone signs partnership agreement with Sirma and strengthens its position in the water market in Turkey To view the full release click here (link to PDF).
Here is the original post: Danone (DANOY: OTCQX International Premier) | Home Country News Release – Danone signs partnership agreement with Sirma and strengthens its position in the water market in Turkey
Local Homeowners Lead the Way With Beautiful Water-Wise Landscapes
Southern California Homeowners Lead the Way With Beautiful Water-Wise Landscapes
Read more here: Earth Day Is a Great Time to Save Water Outdoors
Category : Stocks
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CALGARY and SCOTTSDALE, AZ, April 15, 2013
CALGARY and SCOTTSDALE, AZ, April 15, 2013 /PRNewswire/ – Ridgeline Energy Services Inc. (“Ridgeline” or the “Company”) (TSXV: RLE, OTCQX: RGDEF, FSE: RL7) a technology driven company operating in the waste water industry, today announces that, further to its news releases of February 5, 2013
and March 11, 2013, it has, subject to receipt of final TSX Venture
Exchange approval, completed the acquisition of all the partnership
interests in Changing World Technologies, L.P., a Delaware limited partnership (“CWT LP”) pursuant to a unit
purchase agreement dated effective March 11, 2013.
CWT LP has two operating subsidiaries, Renewable Energy Solutions, LLC
and TDP, LLC, which includes the Carthage facility where over $60
million dollars was invested in the construction and operation of a
refinery for the production of renewable diesels, a waste water
treatment plant, real estate and buildings. The Company has, through
its wholly owned USA subsidiary, become the sole limited partner of CWT
LP. The operating plant is set on just over six rail served acres
outside Carthage, Missouri. The property location and infrastructure
has capacity to process over 150 million gallons of waste water
Mr. Dennis M. Danzik, CEO of Ridgeline, stated, “The Company has now
closed two significant acquisitions — our Santa Fe Springs facility
and now our new Missouri facility. Our Missouri plant is a world class
facility that completes the Company’s transition into a fully
integrated waste water business. Our existing Ridgeline technologies for waste water treatment and the production of the resulting effluent into diesel equivalent
fuel is now proven. These two assets are expected to continue to grow
revenues and profitability.”
Danzik also stated, “Our latest management agreement and subsequent
acquisition of the property also demonstrate the Company’s ability to
identify attractive assets where Ridgeline technology can be installed
and add substantial value. Once installed, Ridgeline technology is
disruptive, resulting in swift customer and revenue gains. The
application of the Company’s technology, proven management and
second-to-none market development experience are keys to improved
business performance and our rapidly growing balance sheet, which now
includes substantial real estate holdings.”
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. is a technology driven company operating
in the waste water industry. The Company is applying proprietary
technology to treat water generated from industrial and commercial
waste water markets. These markets include a wide variety of clients
across a broad spectrum of industries including oil and gas. Through
its environmental consulting and remediation divisions, Ridgeline Environment has built a reputation as an established provider of environmental
services to the Western Canadian oil and gas industry. Ridgeline GreenFill provides soil remediation and wet waste disposal services to the oil and
gas industry. The Company trades on the TSX Venture Exchange under the
symbol “RLE”, the OTCQX as “RGDEF” and the Frankfurt Stock Exchange as
ON BEHALF OF THE BOARD OF DIRECTORS
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
SOURCE Ridgeline Energy Services Inc.
Privatisation has been an area of contention since Thatcher, and its impact on many UK communities is still being felt today
Although many of the now-privatised companies are part or fully owned by foreign companies, they have proved to be lucrative investments and were once the means by which Margaret Thatcher aimed to create a nation of shareholders.
In 1986, when British Gas was floated on the stock exchange, shares cost 135p each, or 334p in today’s terms. Since then, British Gas has undergone several organisational changes and the resulting organisation, BG Group plc, is worth £11.09 a share. A £100 investment in 1986 would have gone up by £821.
Some privatisations have brought improvements for consumers. According to the water and sewerage regulator Ofwat, since the privatisation of the 10 state-owned regional water authorities in 1989, the number of customers at risk of low water pressure has fallen by 99%.
Those critical of state-run services often cite the six-month wait for the installation of a new BT line that customers allegedly suffered before telecommunications were privatised. New BT lines are today installed within 15 days, according to BT’s website.
Many would say the standout failure of privatisation was that of British Rail. While the actual process did not take place until after Thatcher had left office, she was known to be discussing it with the then Department of Transport months before her resignation. At the 1990 Tory party conference, a month before she left office, her then transport secretary, Cecil Parkinson, said: “The question now is not about whether we should privatise it [British Rail], but how and when.”
Since the privatisation the amount of government subsidies to the rail industry has risen higher than it was in its state-run days. A yearly average of just over £1bn in the late 1980s rose to a high of more than £6bn in 2006-2007, according to a public spending report from the House of Commons.
In 2011, the then Conservative transport secretary, Philip Hammond, alluded to the sharp rise in ticket prices since privatisation when he described train travel in the UK as “a rich man’s toy”. Five years earlier, economists at UBS bank said train travel in the UK was the most expensive in the world.
For opponents of privatisation, the most damaging legacy has been job losses. In the decade after the miners’ strike of 1985, more than 200,000 jobs were lost as a result of coal privatisation, as well as creating the largest British industrial conflict of modern times.
Since privatisation, more than 100,000 jobs have been lost at BT, while the restructuring of Imperial Chemical Industries (ICI) – the result of an industry being left increasingly to its own devices by the government – led to the loss of 15,000 jobs in Teesside.
The government’s laissez-faire approach to the changes, and the resultant sudden, mass unemployment led to the transformation of what was once a region booming from steel industry to one of the most impoverished in the country. By the time it was privatised in 1988, British Steel had shed 20,000 jobs.
Supporters of privatisation would reflect upon it as a move that was necessary in order to adapt to increasing international competition, yet its impact on many communities within the UK is still felt today.