Tag Archives: Industry News

Granby Industries announces the acquisition of Pensotti North America.

    Granby, June 15, 2011 ‘ Granby Industries and Pensotti North America have announced today that they have entered into an agreement whereby Granby Industries will purchase all of Pensotti North America assets. The integration of Pensotti (now known as Pensotti, LLC) with Granby will be seamless; manufacturing, sales and customer service will remain intact in Brewer, ME under ...

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NEFI President Addresses Lawmakers on Excessive Speculation Legislation

Michael C. Trunzo, president and CEO of the New England Fuel Institute, commended Sens. Sanders, Blumenthal, Nelson, Merkley, Franken and Whitehouse along with Representative Hinchey on June 15 on the introduction of legislation to address excessive speculation in the commodity markets. Trunzo said:  ‘On behalf of the New England Fuel Institute, which represents the home heating oil industry in the ...

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Expanded Use of Renewable Fuels Highlights Importance of Clean Diesel Technology

The EPA’s proposed increases in the 2012 percentage standards for advanced biofuels and renewable diesel fuel is another important step in helping the U.S. achieve a sustainable energy future, according to Allen Schaeffer, the executive director of the Diesel Technology Forum (DTF). The EPA proposes to mandate the blending of 15.2 billion gallons of renewable fuel into the U.S. fuel ...

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Committee Approves Legislation to Delay Dodd-Frank

The Financial Services Committee, chaired by Rep. Spencer Bachus, approved legislation on May 24 to give regulators additional time to write and review the rules governing derivatives.  H.R. 1573, approved by a vote of 30 to 24 (along party lines), is said to address concerns raised by both Republicans and Democrats that the proposed Dodd-Frank rules governing derivatives could put ...

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Biodiesel Industry Statement on EPA RFS2 Volume Requirements

The National Biodiesel Board (NBB) expressed support Tuesday for the Environmental Protection Agency’s proposed 2012-2013 volume requirements for renewable fuels. The proposal calls for increasing the biomass-based diesel program from 800 million gallons in 2011 to 1 billion gallons in 2012 and almost 1.3 billion gallons in 2013. (Biodiesel makes up nearly all U.S. biomass-based diesel production.) Because it qualifies ...

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AHRI Releases February 2011 U.S. Heating, Cooling Equipment Shipment Data

The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) is the trade association representing manufacturers of air conditioning, heating, and commercial refrigeration equipment. AHRI provides regular reports on the sales of a variety of equipment. Offered below is the data for February 2011. Residential Storage Water Heaters U.S. shipments of residential gas storage water heaters for February 2011 decreased 6 percent, to ...

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