Verbio Vereinigte Bioenergie Ag : 2015/2016 once again the most successful year in the company's history; outlook for the financial year 2016/2017 positive . FY group revenues increased by 6 percent to 654.3 million euros ($728.43 million) compared to previous year (2014/2015: 618.5 million euros) . Proposed dividend: 0.15 euros per qualifying share . FY EBITDA increased by 44 percent to 73 million euros compared to same period in previous year . FY result for period after current and deferred taxes amounts to 48.9 million euros (2014/2015: 26.9 million euros) .Expects to achieve an EBITDA for the financial year 2016/2017 of around 55 million euros, and to increase net cash by the end of the financial year to around 88 million euros.
Xfuels Inc :Xfuels Inc subsidiary signs LOI to merge Hydration Company of PA, LLC.
Algae.Tec Ltd : Market update . Now expected that initial sales will be made to gencore within weeks with full production being achieved within 3 months . At full production, and under gencore agreement, it is anticipated this first plant will generate revenue of about US$2.5MLN per annum . Says company is now in discussion with other strategic partners .
Gevo Inc: Gevo signs heads of agreement with Lufthansa for commercial supply of renewable jet fuel . Says terms of agreement contemplate Lufthansa purchasing up to 8 million gallons per year of ATJ from Gevo .Says Lufthansa purchasing up to 40 million gallons over 5 year life of off-take agreement.
Guangzhou Devotion Thermal Technology <300335.SZ>: Says its energy technology 80 percent owned subsidiary will use 38.2 million yuan to jointly set up an electric energy sale company in Guiyang .Says the subsidiary will hold 19 percent stake in the new company.
Cortus Energy AB :Q2 operating loss 3.3 million Swedish crowns ($395,000)versus loss 12.4 million crowns year ago.
Guangzhou Devotion Thermal Technology Co Ltd <300335.SZ>:Says its unit, Guangzhou-based heat energy company, entered into agreement with Oriental Petrochemical(Shanghai) Corp to cooperate on project construction of the biomass boilers and auxiliary equipments in Guangzhou.
Kaya Holdings Inc :Cannabis Retailer Kaya Holdings discloses Q2 2016 results of operations in Form 10-Q; continued 700 pct+ increase in average monthly revenues from legal marijuana sales since October 2015.
Magnegas Corp : Magnegas reports 43% increase in revenue for the second quarter of 2016 .Q2 revenue rose 43 percent to $837,300.
Guangzhou Devotion Thermal Technology Co Ltd <300335.SZ>: Says it plans to set up energy technology JV with Zhuhai-based energy company .Says the JV is capitalized at 10 million yuan and the co plans to hold 80 percent stake in it.