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Westport Fuel Systems Inc T.WPRT

Alternate Symbol(s):  WPRT

Westport Fuel Systems Inc. is a global company focused on engineering, manufacturing, and supplying alternative fuel systems and components for transportation applications. Its segments include Light-Duty, High-Pressure Controls & Systems, Heavy-Duty OEM, Corporate, and HPDI joint venture (JV). Light-Duty segment manufactures liquified petroleum gas (LPG) and compressed natural gas (CNG) fuel storage solutions and supplies fuel storage tanks to the aftermarket, original equipment manufacturer (OEM), and other market segments across a range of brands. High Pressure Controls & Systems segment designs, develops, produces and sells components for transportation and industrial applications. Heavy-Duty OEM segment provides transitional services. The HPDI JV sells systems and components, including LNG HPDI 2.0 fuel system products, to engine OEMs and commercial vehicle OEMs. Its fuel systems and associated components control the pressure and flow of alternative fuels.


TSX:WPRT - Post by User

Bullboard Posts
Post by torpedoe21on Mar 01, 2017 11:42am
247 Views
Post# 25912503

BP BUYS IN

BP BUYS INLONDON, March 1 (Reuters) - BP agreed on Wednesday to buy Clean Energy Fuels Corp's biomethane business for $155 million, expanding its huge gas supply portfolio in the United States and showing its shift to less carbon-intensive projects.Clean Energy captures biomethane gas emitted from landfill waste sites and then processes and purifies it to pump through pipelines. It is mainly used as a fuel for transport.BP said in a strategy update on Tuesday that it was exploring new investments in low-carbon forms of energy, a part of the industry in which it sees significant future business potential.


Bullboard Posts