Word: feedstock
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...hard to find. Shares of Chinese water-treatment-equipment supplier Duoyuan Global Water soared 37% on June 24, its first day of trading on the New York Stock Exchange. Back in Hong Kong, Chinese thenardite producer Lumena Resources (thenardite is a key ingredient in powder detergents, textiles, glass, chemical feedstock and pharmaceuticals) rang up 19% in gains on June 17. On June 22, the IPO of China Metal Recycling closed 22% higher. (See pictures of China's infrastructure boom...
...refineries, a majority of which are located in such Midwestern states as Minnesota, North Dakota and Ohio. Shell, Chevron, British Petroleum and Total S.A. of France, along with about 20 smaller but no less ambitious players, are also transforming Alberta's boreal oil patch into the primary supplier of feedstock for an integrated North American energy market. "Canada is extremely important to U.S. energy security," says Rob Routs, executive director of oil sands at Netherlands-based Royal Dutch Shell PLC, the world's No. 2 oil company, with annual revenue of $355.8 billion, which plans to boost production in Canada...
...only one blow in the pummeling biofuels have taken recently, not least in a TIME cover story. In April a World Bank report accused biofuel production of pushing up feedstock prices, and Jean Ziegler, the U.N. Special Rapporteur for the Right to Food, called biofuels production "a crime against humanity" because of its impact on global food prices...
...tech companies before this explosion of interest, the sudden materialization of capital can seem too good to be true. When Tom Todaro launched Seattle-based Targeted Growth, which uses genetic engineering to greatly enhance the yields of crops, he thought the company's ability to multiply the amount of feedstock available for biodiesel or ethanol would make it a star of the emerging biofuels sector. But it was the late 1990s, when clean tech made up less than 1% of total venture-capital spending, and investors weren't interested. "I went begging to friends and families and small investment firms...
...Morgan Stanley before co-founding a boutique investment-banking firm on his own. During that time he also published six books of verse and taught in the writing program at Sarah Lawrence. "For me all the stuff I've experienced in the business world was, in a deep way, feedstock for my writing," Barr says. "I think living broadly and writing boldly go together...