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Toyota Announces 50-Percent Boost in 2005 Prius Hybrid Production to Meet Unprecedented Demand

TORRANCE, Calif., Aug. 3 /PRNewswire/ — At a press conference in Nagoya, Japan earlier today, Toyota Motor Corporation (TMC) announced that it will boost monthly production of the Prius gas-electric hybrid sedan from approximately 10,000 units per month to 15,000, in order to meet global demand. Toyota Motor Sales (TMS) U.S.A., Inc., announced today that it is negotiating with TMC to significantly increase its North American allocation of the Prius for model-year 2005, to help meet the vehicle's unprecedented demand in the U.S. market. "When the all-new second-generation Prius was launched in mid-October of last year, we had an annual sales plan of about 36,000 units," said Don Esmond, Toyota Division senior vice president and general manager. "Two months later, in December 2003, we announced a 31-percent increase in our sales plan to 47,000 units annually, and promised that if we needed more, we would build more. Clearly, the extraordinary response to Prius took us by surprise. With demand far-outstripping supply, customers have been forced to wait many months for delivery. Our announcement to increase production by fifty percent, should prove to our dealers and our customers that we are good on our word." The additional 5,000 units per month […]

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Biodiesel Production from Bakersfield Plant Increasing Quarterly by 60%

BAKERSFIELD, Calif.–(BUSINESS WIRE)–Aug. 2, 2004–American Biofuels (ABF), a biodiesel production company that is 35% owned by Green Star Products, Inc. (OTC:GSPI – News), announced today that its Bakersfield Biodiesel Plant's production and sales have increased by 60% per calendar quarter since plant start-up November 2003. ABF is also pleased to announce that its projected revenue, based on current biodiesel sales, for the quarter (July 1st through September 30th) is estimated to exceed $700,000. With the demand for high-grade biodiesel expanding and soybean oil feedstock prices starting to decline, ABF is gearing up for full production (i.e. 5 million gallons per year) by early 2005. At 5 million gallons per year, ABF maximizes its potential share of the Federal Government's USDA $150 million per year bioenergy incentive program. ABF, a three-year member of the National Biodiesel Board, has been registered and eligible for up to $7.5 million of USDA production incentives per year since 2001. Now with the federal production payments at their highest (e.g. from $1.50 to $2.00 per produced gallon) and with a strong and expanding market, ABF feels the time is right to fully exercise its federal credits (see press release dated March 26, 2004). ABF's plan is […]

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EnerTeck Corporation Announces 4-for-1 Stock Split

Monday August 2, 6:33 pm ET STAFFORD, Texas, Aug. 2 /PRNewswire-FirstCall/ — EnerTeck Corporation (OTC Bulletin Board: ETCK – News; the "Company") announced today its intention to take the appropriate steps to initiate a 4-for-1 forward split of the Company's common stock with an effective date of mid September, 2004. This forward split will allow EnerTeck to reach a broader investor audience by making more shares available in the public float and adjust the company structure to better position it for future capital raising transactions. About EnerTeck Chemical Corp. EnerTeck Chemical Corp. is the wholly owned, operating subsidiary of EnerTeck Corporation, a Company focused on the development and/or acquisition of combustion enhancement, emission reduction, and other environmentally friendly energy technologies. EnerTeck's diesel fuel specific combustion catalysts, EnerBurn and EC5931A form a non-hazardous nano-catalyst surface on the diesel combustion chamber and piston heads. This catalyst lowers the combustion temperature of carbon and accelerates oxidation, which enhances the burn rate of diesel fuel in engines. Current users of EnerBurn experience increased fuel economy of between 8-15%, reduced engine wear of 30-50%, and increased brake horsepower of approximately 4%. EnerBurn's verifiable impact on the environment includes decreased highway smoke of 25-70% and reduced […]

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Want To Change The World? Change Your Shirt!

Want To Change The World? Change Your Shirt! Hemptown Clothing Featured on Wallstreetcorner.com VANCOUVER, Aug. 3 /CNW/ – Hemptown Clothing Inc. (NASD OTCBB: HPTWF), a leading provider of enviro-friendly hemp fabric clothing, is pleased to announce that Jerry Kroll, CEO, has been featured in an online interview on Wallstreetcorner.com. According to Larry Oakley of Wallstreetcorner.com, "Hemptown is a company that will appeal to those who care not only about revenue and growth, but about the environment." According to industry statistics, the cotton used in one standard T-shirt requires one third of a pound of chemical fertilizers and pesticides and 1740 US gallons of fresh water to grow. In contrast, hemp requires virtually no pesticides or herbicides and can be grown in cool climates which require less irrigation. In addition to its environmental advantages over cotton, hemp is also a much stronger fiber than cotton with hemp products expected to last about four times longer than cotton items. "Hemptown's sales in 2003 were USD$661,000 and we believe that we will be able to capture a significant market share of the industry through increased sales and marketing efforts within the next twelve months", according to Jerry Kroll, CEO. Hemptown's extensive list of […]

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