Food delivery company to turn grease to gas By JEFF WILKINSON -  jwilkinson@thestate.com







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Using Recycled Concrete Could Reduce Road Paving Costs by 10-20% by Lori Zimmer, 04/25/11

Read more: Recycling Concrete Could Save 10-20% on Road Paving Materials | Inhabitat - Green Design Will Save the World

 

Civil engineering researchers at Purdue University are currently trying to perfect a process for the handling and reuse of recycled concrete. It is believed that recycling concrete could help reduce construction costs by 20%, and cut down on resources (such as limestone) from being quarried. Working with the Indiana Department of Transportation...

Astec Industries Reports First Quarter Earnings



CHATTANOOGA, Tenn., April 25, 2011 /PRNewswire/ -- Astec Industries, Inc. (Nasdaq: ASTE) today reported results for their first quarter ended March 31, 2011.

Revenues for the first quarter of 2011 were $230.2 million compared with $193.5 million for the first quarter of 2010 for a 19.0% increase.  Domestic sales grew 13.9% compared to the first quarter of 2010 and international sales grew 29.2% compared to the first quarter of 2010.  Domestic sales accounted for 64.1% and international sales for 35.9% of revenues during the first quarter of 2011 compared to 66.9% for domestic sales and 33.1% for international sales during the first quarter of 2010.  The Company reported net income attributable to controlling interest of $10.1 million for the first quarter of 2011 compared to $8.8 million for the first quarter of 2010 for an increase of 14.8%.   Earnings for the first quarter of 2011 were $0.44 per diluted share compared to $0.39 per diluted...

The Rabine Group recently hosted an educational seminar attended by Property Managers at NAI Hiffman. The event took place last April 19, 2011 in Schaumburg, Illinois.  Rabine Paving’s Ryan Laughlin and UltraLot Paving Systems’ Scott Haislip, two of the company’s most experienced engineers, presented information on the benefits of asphalt and concrete paving. During the Q&A Session, one of the interesting questions raised was regarding how Property Managers should plan for a volatile market considering fluctuations in market pricing for fuel and asphalt products.

 

Ryan explained, “The price of asphalt paving products isn’t directly correlated to the price of gasoline but there is a strong relationship between the two. As the price of gasoline has steadily risen during the last 4 months, asphalt cement has followed in suit. Rabine Paving would advise that if you have currently available funds or expect to have funds available, secure proposals as soon as possible from your paving contractors. These...

Oil price back above $US108 a barrel

Dan StrumpfFrom: Dow Jones Newswires April 15, 2011 6:17AM

OIL finished higher as the US dollar slid against the euro and traders remained focused on a drop in petrol supplies.

Light, sweet crude for May delivery settled up $US1, or 0.9 per cent, to 108.11 a barrel on the New York Mercantile Exchange. The contract for May Brent crude on the ICE Futures Exchange, which expired in the session, settled down US52 cents, or 0.4 per cent, to $US122.36 a barrel.

The Nymex contract gained ground as traders focused on the US dollar's decline in the absence of fundamental developments in the market. A weaker US dollar typically lifts oil prices as the US dollar-denominated commodity becomes cheaper in other currencies and investors seek safety in hard assets.

 

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