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Technology Stocks : United Technologies (UTX)
UTX 146.22-0.5%Dec 9 4:02 PM EST

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To: Patriarch who wrote (3)9/21/2000 11:35:50 PM
From: jbkelle  Read Replies (2) of 25
 
UTX and Fuel Cells...Some recent announcements

United Technologies cautious on fuel cell IPO
By Simon Hirschfeld

NEW YORK, Sept 20 (Reuters) - United Technologies Corp. (NYSE:UTX - news) is considering a partial IPO of its fuel cell business, but also sees negative aspects to such a move, which could distract from focusing on the high growth-potential business.

biz.yahoo.com

Tuesday September 19, 8:15 am Eastern Time
Press Release
SOURCE: International Fuel Cells
UTC'S International Fuel Cells and Shell Agree to Establish Fuel Processing Joint Venture
SOUTH WINDSOR, Conn. and HOUSTON, Sept. 19 /PRNewswire/ -- International Fuel Cells, a unit of United Technologies Corporation (NYSE: UTX - news), and Shell Hydrogen US, a division of Shell Oil Products Company (Shell), today announced their intent to establish a 50-50 joint venture company to develop, manufacture, and sell fuel processors for the emerging fuel cell and hydrogen fuel markets.

biz.yahoo.com
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