MAIRE S.p.A. (Milan) announced that its Sustainable Technology Solutions business, Nextchem, has finalized the acquisition of 100% of GasConTec GmbH (GCT), an innovative company specialized in technology development and process engineering. Founded in 2017, GCT is located in Bad Homburg,…
MOL Group (Budapest, Hungary) announced the inauguration of its €1.3-billion polyol complex in Tiszaújváros, Hungary. The new facility has a production capacity of around 200,000 metric tons per year (m.t./yr) of polyol per year. The ceremony, addressed by Prime Minister…
Biosolutions specialist Cemvita (Houston) announced a significant breakthrough enabling the company to produce substantial quantities of its Sustainable Oil from waste carbon sources. This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA…
BlueAlp, a leading advanced recycling technology company, has signed an agreement with Recupero Etico Sostenibile S.p.A (RES), a waste management pioneer from Italy. BlueAlp will supply a technology license and will engineer, procure and fabricate the unit in its workshop…
The preliminary value for the CE Plant Cost Index (CEPCI) for March 2024 (most recent available) is higher than the previous month’s value, albeit by a very small margin. The small uptick is the third consecutive monthly rise. In March,…
Hysata Pty. Ltd. (Wollongong, Australia) has closed what is said to be the largest Series B finding ever in Australia's clean tech industries, announcing a $111-million USD investment round with strong backing from existing major strategic and financial global investors.…
Asahi Kasei Corp. (Tokyo) celebrated the official opening of a new hydrogen pilot plant in Kawasaki, Japan. Operation start of this commercial-scale facility was in March 2024. The trial operation of four 0.8 MW modules is another milestone towards the…
Thermon Group Holdings, Inc. (Austin, Tex.), a global leader in industrial process heating, announced that it is bolstering its customer response times and capabilities with the completion of its recently modernized and expanded manufacturing facilities in Orillia and Oakville, Ontario.…
Axalta Coating Systems (Philadelphia, Pa.) announced that it has entered into a definitive agreement to acquire The CoverFlexx Group (Brighton, Mich.) from Transtar Holding Company for initial cash consideration of $285 million, plus an additional $10 million earnout based on…
Worley Ltd. (North Sydney, Australia) has been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend CCS LLC is a joint venture owned by Chevron, Equinor, and TotalEnergies to…