CarbonQuest raises $20m to scale carbon capture technology
Carbon capture technology provider CarbonQuest has closed a $20m funding round for the wider North American deployment of its Distributed Carbon Capture™ (DCCS) technology.
Welcome to our February double-header issue, which shines a light on air gases and medical applications using industrial gases. When it comes to air gases, today the US industrial gas industry is moving on from the challenges and uncertainties brought by the global economic struggles, as our annual air gases report tracks. But change is relatively slow to unfold. At the end of 2024, just three new air separation unit (ASU) expansions with liquefaction had come online in the prior 12 months, with an additional three new ASUs expected to become operational between now and 2027. That reflects supply and demand, of course, but is part of the picture to be understood in this important market.
Carbon capture technology provider CarbonQuest has closed a $20m funding round for the wider North American deployment of its Distributed Carbon Capture™ (DCCS) technology.
CryoMass Technologies has secured an additional sales deal in Oklahoma for its CryoSift Separator™, a liquid nitrogen-based system designed specifically for the cannabis market.
BP is dramatically scaling back its energy transition plans, cutting investment in renewables while ramping up oil and gas spending after a 35% drop in annual profits to $8.9bn. The move reflects investor concerns over...
Carbon capture technology specialist Mitico has raised $4.3m to accelerate two pilot projects for its granulated metal carbonate sorption carbon capture technology.
New LNG supply will be limited until the second half of 2025 with Europe’s need to refill gas storage competing with Asian demand, according to Shell’s annual LNG Outlook report.
Cryogenic measurement systems specialist Bluefors has brought its lab services to the US for the first time, having opened a new facility in Chicago.
Air Products’ triple project cancellations, announced today, gives another big jolt to the delivery of clean energy and further underlines the challenges bridging policymaking with commercial strategies.
Air Products has exited three major US projects as its new management focuses on streamlining its backlog and prioritising initiatives that the company believes will drive shareholder value.
Refrigerant gas management company A-Gas has received the Encouraging Environmental Excellence (E3) Silver Award for 2024 from the Ohio Environmental Protection Agency (Ohio EPA) for its work in the recycling and reuse of harmful refrigerant...
Oxygen equipment manufacturer CAIRE has added its Accurate Biomed respiratory and biomedical equipment services to its service network in the US.