FLORENCE, ITALY (July 16, 2003) --- GE Oil & Gas has received a contract of US$70 million to supply gas turbines with process gas compressor, turbo generator and expander trains for a gas processing plant at In-Amenas, Algeria.
In-Amenas is Algeria's largest wet gas joint development project, and is jointly owned by Sonatrach, the Algerian national energy company, and BP, the world's second largest petroleum and petrochemicals group and the largest foreign investor in Algeria.
ATLANTA, GEORGIA (July 1, 2003) --- GE Wind Energy has entered into a one-year turbine sales agreement with PPM Energy Inc. of Portland, Oregon, a leading U.S. developer of wind and gas generation projects. Under the agreement, PPM will purchase 1.5-megawatt wind turbines exclusively from GE Wind Energy for qualified U.S. projects through June 2004.
business unit
tags
SALEM, Va.--(BUSINESS WIRE)--June 27, 2003--GE (NYSE: GE) announced today that it has finalized its agreement with Toshiba Corporation for Toshiba to increase its majority interest in the Toshiba-GE joint venture. GE will maintain a minority ownership in the US operating company of the JV and will continue to provide sales and service for the JV, in addition to maintaining customer relationships.
business unit
tags
CHICAGO--(BUSINESS WIRE)--June 25, 2003--Exatec, a joint venture between Bayer Polymers and GE Plastics, today launches its first complete polycarbonate glazing system - Exatec 500(TM), a state-of-the-art technology with superior weatherability and abrasion resistance.
Exatec applications are on display in the GE Plastics' booth at the National Plastics Exposition in Chicago (McCormick Place, South Hall, Booth #2215) from June 23-27.
business unit
tags
CHICAGO--(BUSINESS WIRE)--June 25, 2003-- New ULTEM(R) XHT Resin Exceeds the Durability and High Heat Resistance of Standard Amorphous Polyetherimide Resins
GE Plastics, a division of General Electric Company (NYSE: GE), today announced the development of ULTEM(R) XHT resin, a new extreme high heat resistance, high performance polymer.
This breakthrough product utilizes technology that increases the heat resistance capability by 54 degrees F (30 degrees C) while retaining injection-molding processability with standard equipment.
business unit
tags
PLAINVILLE, Conn.--(BUSINESS WIRE)--June 25, 2003--GE Industrial Systems, a $6 billion unit of the General Electric Company (NYSE: GE) announced today it has agreed to acquire substantially all of the assets of Kampro Technology, Inc., leaders in the development and manufacturing of high-performance image sensing technologies for all applications. The Taipei, Taiwan-based company is privately held.
business unit
tags
CHICAGO--(BUSINESS WIRE)--June 24, 2003-- Companies Will Manufacture, Market and Distribute Bulk Molding Compounds based on a New Thermoset Resin: NORYL(R) ETX Resin
GE Plastics, a division of General Electric Company (NYSE: GE), and Bulk Molding Compounds, Inc. (BMCI), headquartered in West Chicago, today announced an agreement by which the companies will develop and distribute new thermoset bulk molding compounds (BMC).
business unit
tags
GE Plastics Introduces New `Game Changing' Weatherable GELOY XTW Resin for Outdoor Applications CHICAGO--(BUSINESS WIRE)--June 24, 2003-- New Resin Offers Up To Five Times The Color And Gloss Retention Of Traditional ASAs GE Plastics, a division of General Electric Company (NYSE: GE), announced today the development of GELOY(R) XTW resin, a new weatherable ASA resin that withstands the punishing effects of UV exposure better than traditional ASAs in a variety of outdoor applications.
business unit
tags
GE Plastics Latest X GEN Resin Technology Portfolio Delivers a Whole New Generation of Performance CHICAGO--(BUSINESS WIRE)--June 23, 2003-- New X GEN Resin Technology Pushes Performance To The Extreme GE Plastics, a division of General Electric Company (NYSE: GE), today announced a new portfolio of resins that combines outstanding GE product engineering with extreme product performance.
business unit
tags
CHICAGO--(BUSINESS WIRE)--June 23, 2003--GE Plastics, a division of General Electric Company (NYSE:GE), today launches unique new product designs and imaginative application technology in the GE Plastics' booth at the National Plastics Exposition (NPE) in Chicago (McCormick Place, South Hall, Booth #2215) from June 23-27.
It's exciting to be back at NPE, which always provides us with a great platform to showcase our application advancements to both current and potential customers, said John Krenicki, president and CEO of GE Plastics.