SinoTech Energy signs agreement to purchase additional LHD units
SinoTech Energy Limited, which provides oil recovery services, has signed a $65.7 million agreement to purchase 10 additional lateral hydraulic drilling, or LHD, units.
A memorandum of understanding has been signed between LG Electronics and Conergy AG that will see LG take a 75 percent stake in Conergy's advanced solar module plant in Frankfurt, Germany.