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HIF Global selects Johnson Matthey technology for the largest e-methanol plant in South America

Johnson Matthey plc (JM; London) has been selected by HIF Global (Houston), the world’s leading eFuels company, as the methanol licensor for HIF Global’s Paysandú eFuels project in Uruguay. The facility would be the largest e-methanol plant in South America…

Maire’s NextChem business completes acquisition of Germany’s GasConTec

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 inaugurates major investment project to boost polyol production

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…

Cemvita achieves breakthrough in SAF feedstock production

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 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…