Trending Stocks: Zillow, Inc. (NASDAQ:Z), Honeywell International Inc (NYSE:HON), Baker Hughes Incorporated (NYSE:BHI)
Dallas, Texas, 10/02/2014 (ustrademedia) – Zillow, Inc. (NASDAQ:Z), a real estate information company, is expanding into larger offices in Manhattan. The Seattle-headquartered company said the new office brings the increasing teams from StreetEasy and Zillow New York sales, corporate services and industry relations together. The new location, which is spread across 26,000 square feet of space, is currently home to more than 60 employees, and has enough room to grow. Zillow had bought StreetEasy in August 2013, and since the acquisition StreetEasy has redesigned its website, launched apps for iOS and Android, all keeping the fast-paced New York real estate market in mind.
UOP LLC, a Honeywell International Inc (NYSE:HON) company, said its process technology has been selected to produce renewable diesel for the U.S. military. Under the agreement, Emerald Biofuels will leverage Honeywell’s UOP/Eni Ecofining process technology to refine non-edible oils and animal fats into renewable diesel, called ‘Honeywell Green Diesel’. The renewable diesel is also a drop-in replacement for traditional petroleum-derived diesel. Emerald has bagged a $70 million contract from the Defense department project, under which it expected to produce 85 million gallons of renewable diesel a year under the U.S. Department of Defense Advanced Drop-in Biofuels Production Project. Through the project, the government aims to create an Integrated Biofuels Production Enterprise targeted for military operational use.
Baker Hughes Incorporated (NYSE:BHI) has implemented a new policy of full chemical disclosure for fracturing operations. The company said it will disclose 100 percent of the chemical contained in its hydraulic fracturing fluid systems. In a bid to gain public trust in the hydraulic fracturing process, Baker Hughes, in March this year, announced its plans to share full lists of all its products and their chemical constituents for all wells it fractures using its products, without detailing product formulations. According to the company, for each fracturing job performed from October 1, 2014 onwards, the new transparent policy mandates that Baker Hughes will share a single list of all of chemicals of its products used.