Methanex mulls new products

Article Abstract:

Methanex Corp. CEO and Presiden Pierre Choquette announced that the Vancouver-based firm is mulling to shift into other lines of business to cope up with a California ruling that orders the phase-out of fuel additive methyl tertiary-buytl ether (MTBE). However, Choquette did no elaborate further on the plan. Analysts believe Methanex's move will cause shutdowns or plant sales. Methanex, the world's biggest producer of methanol, has already shuttered two of its plants including one in Medicine Hat, Alberta and a joint venture in Fortier, CA.

All Other Basic Organic Chemical Manufacturing, Industrial Organic Chemicals, Acyclic Chemicals, Aliphatic compounds, Methanex Corp.

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N.Y. pension fund questions Talisman on war

Article Abstract:

Talisman Energy Inc of Calgary, Alberta, was asked by New York City comptroller Alan Hevesi to explain allegations that it is inadvertently helping the Sudanese government in its genocidal war with rebels. New York City pension funds, which are managed by Hevesi, own 186,000 shares of Talisman. Talisman has invested C$295 million in an oil-field project in Sudan, which critics say will be used by the government to earn revenues to build armaments factories.

Stockholder data, Oil and Gas Extraction, Oil & Gas Extraction, Talisman Energy Inc.

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Bicycle makers plead for protection

Article Abstract:

Two large Canadian bicycle manufacturers are requesting the federal government to introduce a 48% tariff on foreign bike imports. Procycle Group Inc., and Raleigh Canada Ltd., are desperate to see the government take an initiative, for avoiding loss of manufacturing jobs to Asian countries such as China.

Strategy & planning, Administration of General Economic Programs, Public affairs, Taxes, Motorcycles, bicycles, and parts, Import Regulations, Planning, Taxation, Economic aspects, Political activity, Foreign corporations, Company business planning, Imports, Bicycle industry

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