latest news releases from the newsroom
Occidental Petroleum Corp.
OxyChem to Acquire Vulcan's Chlorine-Caustic Soda Manufacturing Plants
LOS ANGELES, Oct. 12, 2004 (PRIMEZONE) -- Occidental Chemical Corporation (OxyChem), a wholly owned subsidiary of Occidental Petroleum Corporation (NYSE:OXY), announced today that it has agreed to purchase three chemical manufacturing facilities from Vulcan Materials Company for $214 million in cash, plus contingent payments based upon the future performance of these businesses. The primary products produced at the three facilities are chlorine, with a combined annual capacity of approximately 815,000 tons, its co-product caustic soda, and 315,000 tons of ethylene dichloride (EDC). OxyChem currently has the annual capacity to produce approximately 3,100,000 tons of chlorine and 1,500,000 tons of EDC.
EMS Technologies, Inc.
EMS to Add New CTS Series Falcon Radome to Family of SATCOM Products
OTTAWA, Oct. 12, 2004 (PRIMEZONE) -- EMS Technologies, Inc. (Nasdaq:ELMG) announced today that it will soon add a Falcon 50 and 900 series 4000 fin tip radome to its growing family of Satcom/DBS radomes it offers to the business aviation market. This tail-top radome has been certified for installation on the Dassault Aviation aircraft, including the Falcon 50 and Falcon 900. EMS intends to extend this certification to the Falcon 2000 aircraft within the next 12 months.
Tubac Holdings, Inc. Enters into Partnership with Symbiotics, Inc.
TUBAC, Ariz., Oct. 12, 2004 (PRIMEZONE) -- Tubac Holdings, Inc. (Pink Sheets:TBAH) has entered into a partnership with Symbiotics, Inc. to purchase and activate an existing public company, and is renaming the company New Life Solutions, Inc. Symbiotics, Inc. is an internationally recognized and acclaimed company which is the world's largest producer and distributor of premium quality colostrum products. For almost ten years, Symbiotics products have been marketed through natural food stores, natural products supermarkets and supplements stores.
Tubac Holdings, Inc. Announces Latest Subsidiary, Chef Selections
TUBAC, Ariz., Oct. 12, 2004 (PRIMEZONE) -- Tubac Holdings, Inc. (Pink Sheets:TBAH), a holding company, is pleased to announce specialty/gourmet foods marketer, Chef Selections, Inc., as its latest subsidiary.
Fair Housing Council of Orange County
Fair Housing Council of Orange County Settles Housing Discrimination Case For $185,000
SANTA ANA, Calif., Oct. 12, 2004 (PRIMEZONE) -- The Fair Housing Council of Orange County announced today that the non-profit agency has reached a $185,000 settlement in a housing discrimination case against L'Abri Property Management, the company who manages the Sleepy Hollow Apartments in Anaheim, Calif. The Fair Housing Council joined Cynthia and Howard Cole as a plaintiff in the action. When the Cole's requested a reasonable accommodation due to her documented disability L'Abri Property Management refused to waive their no pet policy telling Mrs. Cole, in a letter, that the companion animal prescribed by 3 separate doctors was not necessary to her treatment. After their request was denied, the Cole's were served a 3-day notice to perform covenant or quit, requiring them to remove the companion animal or move out. This action caused Cynthia's health condition to deteriorate so badly she had to be hospitalized for over two weeks.
International Fuel Technology Inc.
International Fuel Technology Signs Exclusive Distribution Agreement for Indonesia
ST. LOUIS , Oct. 12, 2004 (PRIMEZONE) -- International Fuel Technology Inc. ("IFT") (OTCBB:IFUE) announces that First Asia Fuel Corporation ("First Asia"), IFT's exclusive Asian Distributor, has signed a memorandum of understanding with PT Prima Energy ("Prima Energy"), Chaired by Ambassador Abu Hartono, former Chairman of the Armed Forces Faction of the Indonesia Legislature, for exclusive distribution of IFT products to the motor vehicle and power industries throughout Indonesia. Total consumption of fuel by these sectors in 2003 was Eighteen Billion Gallons (18,000,000,000) per annum.