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Omnitek Engineering Forms Joint Venture in Peru to Convert Diesel Engines to Natural Gas

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Omnitek Engineering Corporation has formed a joint venture with local partners in Peru to convert diesel engines to operate on natural gas, as well as provide services to re-power diesel trucks and buses utilizing Omnitek’s natural gas engines. Based in Lima, Peru, the joint venture will operate as Omnitek Peru S.A.C.,

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Omnitek Awarded License to Convert Diesel Engines to Operate on Natural Gas in Peru

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Omnitek Engineering Corporation has been granted a license from the government of Peru to perform diesel-to-natural-gas conversions in the country. There are an estimated 500,000 heavy-duty engines in Peru that could be potentially converted to operate on natural gas, he said. Earlier post.)

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LME copper prices at 9-year high

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However, wire rod demand from the wire and cable industry as a whole is said to be tepid. Trade data on Chinese copper imports in January and February are not due to be released until 8 March. Anecdotal evidence suggests these may well be much lower than expected, Roskill said.

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GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets

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of the global vehicle industry. More than 15 markets experienced record Chevrolet sales in 2011 with the largest year-over-year increases in Peru (81%), Vietnam (79%), Thailand (57%), South Africa (50%) and Israel (46%). General Motors Co. global sales rose to more than 9 million vehicles in 2011, a 7.6% gain compared with 2010.

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Eaton signs long-term agreement with Argentine bus manufacturer TATSA to design and supply hybrid systems

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As a member of the Argentine commercial vehicle industry, TATSA is engaged in an expansion process in both domestic and international markets. The hybrid system combines a Cummins diesel engine with an electric motor that has a peak power output of 44 kW.

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

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In the report, Gomes noted that the auto industry will also add to economic growth in Latin America. Sales continue to advance in Brazil, Argentina, Chile and Peru, leading automakers to plan for an additional 13% increase in vehicle production over the coming year.

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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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The industry delivered 16.5 Peru is likely to become the growth leader in 2015 alongside some acceleration in both public and private investment and improving household and business confidence. million light vehicles in the US last year. General Motors Co. million to 17.0 million units in 2015. ).

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