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Timberland Signs Licensing Agreement with Swatch

The Timberland Company (NYSE: TBL), a leader in premium footwear, apparel and gear for the outdoors announced it signed a major new licensing agreement with Endura SA, the private label and licensing company of the Swatch Group Ltd., the largest manufacturer and distributor of watches and jewelry in the world. Endura will develop a new collection inspired by the outdoors and representative of Timberland’s values. The collection will be marketed under the Timberland brand and will include premium offerings for both men and women across casual and performance categories. The collection will begin to hit the Global market in May 2006. Patrick Baboin, Timberland’s Vice President of Licensing, noted that the Swatch Group is recognized as a global leader in design, innovation and marketing, and continued: “The Group also has a reputation for a unique ability to design product that is relevant across a range of consumer groups. We’ve been impressed from the start with their leadership in design and manufacturing, as well as their marketing savvy and widescale distribution network. They have shown a strong connection to the Timberland brand values, and we’re very pleased to have them as a partner.” The Swatch Group is an expert in the […]

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First Biofuels Index Launched

UBS AG and Diapason Commodities Management S.A. have launched the UBS Diapason Global Biofuel Index (UBS-D GBFI) – the first commodity-based index for biological fuels. The global index covers a range of commodities used in the production of ethanol and biodiesel – the two major forms of alternative fuel – and will be published in the US, Europe, China and Japan. The Global Biofuel Index is composed of various commodity futures, weighted to reflect the importance of each individual commodity used in the production of ethanol and biodiesel as well as the liquidity of the underlying futures. Its launch means that investors will, for the first time, have access to an efficient and liquid investment instrument that gives them exposure to the market performance of alternative fuels. The index is based on sugar, corn and wheat on the ethanol side and rapeseed, soybeans and vegetable oils on the biofuels side. Positive supply side factors in the agricultural markets and rising demand for biofuels encouraged the development of the index. “Historically we’ve seen very low prices in agricultural markets. There’s been a bull run in commodities that started in the late 1990s but agriculture only started to pick up at the […]

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Weekly Clean Energy Roundup:April 12, 2006

News and Events DOE to Offer $52.5 Million for Hydrogen Research Toyota Camry Hybrid to Reach Dealer Showrooms in May IRS Releases Tax Credit Figures for Ford and Toyota Hybrids Corn Oil Extraction Yields New Benefits for Ethanol Producers Biodiesel Distribution Expands via Blending at Fuel TerminalsEnergy Connections EIA: Gasoline Prices to be Higher this SummerNews and EventsDOE to Offer $52.5 Million for Hydrogen ResearchSecretary of Energy Samuel Bodman announced last week a three-year, $52.5-million solicitation to support basic research in hydrogen storage materials, catalysts, and membranes. The solicitation, to be released later in April, will help overcome the scientific challenges associated with the production, use, and storage of hydrogen. It will also address the challenges identified in the report “Basic Research Needs for the Hydrogen Economy,” released by DOE last year. The solicitation supports President Bush’s Hydrogen Fuel Initiative, which aims to develop hydrogen fuel cell vehicles that meet consumer requirements by 2015, thereby allowing a mass-market penetration of hydrogen fuel cell vehicles by 2020. See the DOE press release, the President’s Hydrogen Fuel Initiative, and the DOE report (PDF 7.2 MB). Secretary Bodman made the announcement while speaking to the 2006 World Congress of the Society of Automotive […]

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Weyerhaeuser Dupes Green Home Buyers

A Rainforest Action Network report confirms that Weyerhaeuser building products and new homes marketed in the United States as “environmentally friendly” use wood clear-cut without consent from treaty-protected indigenous territory within Canada’s threatened Boreal Forest. The report documents the movement of wood from massive clear-cut operations on the traditional territory of the Grassy Narrows First Nation community into new American homes marketed as “Built Green” by Quadrant Homes, a subsidiary of Weyerhaeuser, the largest lumber company in the world. Weyerhaeuser has not sought FSC certification of its forestlands, nor has it gained FSC Chain-of-Custody certifications for its vertical markets, says Lynne Barker, Healthy Building Network. “Weyerhaeuser has instead chosen a defensive strategy and invested in costly and backward thinking efforts to discredit FSC and LEED (premier, national green building standard) and promote less rigorous alternatives. In addition to potential loss of market share in the green building industry (by far the fastest growing segment of the construction industry) Weyerhaeuser is squandering its reputation and leadership role, and risks long-term damage to its corporate reputation. Weyerhaeuser is being left behind as the real industry leaders are distinguishing themselves, expanding market share, and gaining profits.” “Home buyers should see red when they […]

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DuPont's Push for Profits Goes Solar

URL: http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20060412/BUSINESS/604120340/1003 Website: http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20060412/BUSINESS/604120340/1003     

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