International business news in short
In this week’s international business news in short, DynaMotive focuses on bioenergy, an engineering firm increases its wetland restoration programme, and an emissions trading company is forced to change its name.
Canadian energy company DynaMotive Energy Systems Corporation has announced that it is now focusing entirely on the bioenergy field, following the sale of DynaPower, its metal cleaning subsidiary, to former employees. This week, the company has also announced that it plans to establish BioOil producing partnerships in Canada and the US with biomass producers, operators and investors. DynaMotive is also in the process of building a further BioOil plant in the UK with a capacity of 100 tonnes per day.
North Carolina-based engineering consulting firm, WK Dickinson & Co, has announced that it is to expand its wetlands and watershed environmental restoration and mitigation services. The company’s projects include a stream restoration and enhancement water resources scheme that will reduce future downstream sediment loads and improve channel safety of a 5,000-foot incised stream channel in Rock Hill, South Carolina.
And finally, Australian-based emissions trading company CO2SIM has been forced to change its name to CARBONSIM. The company’s original name was considered to be too close to the newly registered trademark, CO2E, owned by Cantor Fitzgerald LLC. CO2SIM decided to give in and change its name rather than face a drawn-out and expensive legal battle.