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BlueAlp and RES partner to build large advanced plastic-recycling plant in Italy

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…

2024 CEPCI updates: March (prelim.) and February (final)

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 makes strides towards commercialization of ultra-high-efficiency electrolyzers

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 starts operation of multi-module hydrogen pilot plant in Kawasaki, Japan

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 expands two manufacturing plants in Ontario, Canada

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 acquires Michigan-based coatings manufacturer

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 selected to provide design services for Bayou Bend CCS project

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…

Honeywell and Weatherford to jointly launch new emissions-management technology

Honeywell International Inc. (Charlotte, N.C.) and Weatherford International (Houston) announced a partnership to deliver a comprehensive emissions management solution for the energy industry. The agreement combines Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform, providing customers with a powerful…

3M inaugurates capacity expansion at production facility in Nebraska

3M (St. Paul, Minn.) has cut the ribbon on a new 90,000-square-foot expansion at the company’s facility in Valley, Nebraska, that will increase the plant’s manufacturing capacity and add new jobs to the community.  The $67 million investment includes new…

BASF to expand additives manufacturing site in Nanjing

BASF SE (Ludwigshafen, Germany) plans to invest in the expansion of its advanced additives plant at its Nanjing, China site. Driven by the rapidly growing market demand in Asia and beyond, this new expansion includes a state-of-the-art production line for…