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β’ Norit NV is sponsoring a Dutch team of climbers in their attempt to reach the top of the K2 mountain in Pakistan. The theme of the Norit K2 Expedition 2008 is clean drinking water. During the expedition the climbers will use Norit Filtrix point-of-use technology to provide drinking water. The expedition team can be followed live at www.noritk2.nl. β’ John Meunier Inc, a subsidiary of Veolia Water Solutions & Technologies, is now represented in the municipal wastewater market in Western Canada by BD Watertech. www.johnmeunier.com and www.watertech.ca β’ Microporous membrane specialist Polypore International Inc has priced its follow-on public offering of 7.5 million shares of its common stock at US$24.00 per share. Proceeds from the offering will be used to repay outstanding borrowings under Polypore's revolving credit facility and for general corporate purposes. www.polypore.net β’ Bledsoe Capital has signed a US$50 million purchase option with Ecoshpere Technologies Inc. Ecosphere Energy Solutions Inc has granted an option to Bledsoe Capital to form a new joint venture company, to acquire an exclusive worldwide license for the use of the Ecosphere Ozonix technology in the energy business. Bledsoe Capital will form a new Delaware, limited liability company with Ecosphere Energy Solutions as co-owner and pay US$10 million as a licensing fee. The remaining US$40 million of capital commitments will be used to facilitate the building of additional Ecosphere Ozonix equipment, as well as to fund marketing and operations, to take advantage of new opportunities in the energy business. The agreement also provides for Ecosphere Energy Solutions to build the equipment for the new company. www.ecospheretech.com and www.bledsoecapitalgroup.com β’ Freudenberg Nonwovens has received a Visteon Important Partner Award for outstanding overall performance in providing its micronAir cabin air filters to automotive supplier Visteon Corp.
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