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The European Union (EU) has established the โฌ470 M ($731 M) Joint Technology Initiative (JTI) involving academic and industry sectors, chiefly aiming to develop fuel cells and hydrogen technologies that could be marketed by 2010-2020. The project, which will be financed by the EU's Seventh Research Framework Programme, will be a combination of basic research, technology developments, and demonstration ventures. It also intends to organize the programmes in different EU countries and institutions to optimize synergies with member nations and regional efforts.
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Ownership with the State of Delaware to merge the company's whollyowned subsidiary, Hydrogen Power Inc, with and into the company with the company remaining as the surviving corporation. In connection with the merger, the company changed its name to Hydrogen Power Inc. Hydrogen Power Inc has license
homogeneous catalyst product, which now has enhanced oxidation, hydrogenation, and coupling reactions.
out-bid BASF. However, reports since May suggest that it withdrew from the race deterred by Cognis' debt burden, leaving BASF as the only remaining suitor. The rumour mill has subsequently focused on the state of negotiations between BASF, Permira and Goldman Sachs, with the owners said to be holdin
The Asian Development Bank (ADB) has made an initial contribution of US$600 million to a multidonor Asian Tsunami Fund to deliver prompt emergency funding to tsunami-affected countries. The Fund will pool and deliver grants for emergency technical assistance and investment projects to support recon