DESOTEC Expands Into Houston to Deliver Fast, Flexible, and Sustainable Filtration Solutions for Gulf Coast Industries
With a circular service model that includes delivery, monitoring, replacement, reactivation, and safe handling of spent activated carbon, DESOTEC enables industries to reduce emissions, stay compliant and operate sustainably. This expansion enables DESOTEC to provide rapid-response support and fully integrated purification solutions to industries including chemical and petrochemical production, hydrocarbon processing, waste and recycling, and heavy industrial manufacturing.
A Strategic Move for Regional Support
DESOTEC's Houston operation is equipped to deliver a complete range of mobile filtration services tailored for both vapor and liquid phase applications. With access to a robust inventory of bulk activated carbon, plus rapid deployment of mobile filtration units in multiple sizes, the new location ensures faster turnaround times, minimized downtime, and enhanced operational efficiency for customers in the region. Saturated filters will be returned to DESOTEC's centralized regeneration facilities, following the company's closed-loop, waste-minimizing approach.
"Opening our Houston facility is a strategic investment in proximity, performance, and service for the industries that power the Gulf Coast," said Mathias Meersseman, CEO for DESOTEC's North American Operations. "With our full-service model now accessible locally, clients can expect even faster response times, safe carbon handling, and the sustainable purification solutions DESOTEC is known for worldwide."
With more than 35 years of experience, DESOTEC operates service hubs and reactivation facilities across the United States and Europe, supporting thousands of customers in over 24 countries. In the United States, DESOTEC is currently active from its sites in Darlington (PA) Parker (AZ), Red Bluff (CA), and now Houston (TX) - building a nationwide network to deliver fast, flexible environmental solutions wherever they're needed.
About DESOTEC
DESOTEC, founded in 1990, is the leading provider of mobile filtration solutions in Europe and is establishing this leading market position in the United States. Thanks to its unique, flexible, circular service concept and the extensive expertise built up over many decades, DESOTEC unburdens its industrial customers and helps them to make their operations or products more sustainable. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. DESOTEC has about 450 employees, who are all committed to help protect the planet by driving positive ecological change across all industries. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at www.desotec.com. Follow @desotec on LinkedIn, Facebook and Instagram.
About Blackstone
Blackstone is the world's largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone's nearly $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250724695052/en/
Contacts
For media enquiries: Global Head of Corporate CommunicationsSarah Cattryssepress@desotec.com +32 51 246 057
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Why Gorman-Rupp (GRC) Stock Is Up Today
What Happened? Shares of gorman-Rupp (NYSE:GRC) manufactures and sells pumps globally. jumped 7.6% in the afternoon session after the company reported record second-quarter financial results that surpassed analyst expectations, driven by strong sales linked to infrastructure spending. The industrial pump manufacturer posted earnings of $0.60 per share on a record $179 million in revenue, surpassing analyst expectations. This performance marked a significant improvement compared to the $0.32 per share reported in the same quarter last year. The revenue growth was primarily fueled by a $3.5 million increase in sales to the municipal market, which the company attributed to infrastructure investment. The fire suppression, industrial, and petroleum markets also contributed to the gains. In a further sign of strength, Gorman-Rupp announced record incoming orders of $188 million, up 15.7% from the prior year, which suggested a positive outlook for the second half of the year. Is now the time to buy Gorman-Rupp? Access our full analysis report here, it's free. What Is The Market Telling Us Gorman-Rupp's shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock dropped 5.1% after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for all countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains. Also, President Trump said he was willing to accept pain in the short term, and was aware his policies could cause a recession, but he remained more mindful of a more severe case of economic depression (higher unemployment and prolonged downturn). For investors, this suggested that the administration could prioritize long-term structural shifts over near-term economic stability, further increasing policy-driven risk in the markets. Gorman-Rupp is up 11.2% since the beginning of the year, and at $41.46 per share, it is trading close to its 52-week high of $43.09 from November 2024. Investors who bought $1,000 worth of Gorman-Rupp's shares 5 years ago would now be looking at an investment worth $1,295. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
This Houston man got an immediate above-asking offer for his 1948 Packard — but it ended up costing him thousands
Thinking about buying or selling a used car? You may want to proceed with caution so you don't fall victim to a fake overpayment scam that uses fraudulent checks. 'I could see how so many people could easily fall for this,' Matt Neff, who was recently trying to sell his 1948 Packard online, told KHOU 11 Houston. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how Neff learned firsthand how a scam like this can happen. Here's what you need to know so it doesn't happen to you. How the fake 'overpayment' scam works This type of scam typically takes place via online marketplaces (rather than in person) where the buyer overpays for the product you're selling. 'The buyer may claim to have seen the listing on Craigslist or on Facebook Marketplace, and declare that they want to buy it for more than you are asking just to ensure no one else buys the listing before they do,' according to Chargebacks911. Or, they might say they overpaid to cover shipping and handling or other fees. Whatever the excuse, they follow up by asking you to refund the overpayment to a third party. In the meantime, they've sent you a check and you've sold them your car. When, several days later, the bank processes the check, you're informed that the check was fraudulent — but the fraudster is already in the wind and you're on the hook for the money. This is what happened to Neff, when a potential buyer sent him a check for more than his asking price and then asked him to refund the overage to a shipping company. 'And sure enough, 10 days later it came back as a counterfeit check,' he told KHOU 11. It can also happen to buyers. Dayja Wallace nearly lost $1,200 when she tried buying a used car online. In her case, the seller used a sense of urgency to push the sale forward, saying that their son had passed away and they wanted to 'hurry up and sell the car,' she told KHOU 11. The seller suggested that Wallace pay a shipping company up front to speed up the transaction and the seller would then send a check to Wallace. A fake check can look remarkably like a real one — and in some cases it may actually be real, but it belongs to someone whose identity has been stolen. 'It can take weeks for a bank to figure out that the check is a fake,' according to the Federal Trade Commission (FTC). 'Even if you see the funds in your account, that doesn't mean it's a good check. Fake checks can take weeks to be discovered and untangled. By that time, the scammer has any money you sent, and you're stuck paying the money back to the bank.' Even if you were unaware that you were being scammed, you could still be responsible for replacing the funds. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Red flags every used car seller or buyer should know Summer is often the peak car buying season, according to Premier Auto Group. 'Families often seek to purchase vehicles before the school year starts. While you can find deals, prices may be higher due to demand.' Even if prices are higher, beware of customers who offer to overpay or 'accidentally' send you more money than the asking price. 'This is a huge red flag, and you should respond by rejecting any transaction with this customer. This is doubly true of any customer who offers to pay your transaction fees,' warns Chargebacks911. Indeed, you may want to avoid accepting checks altogether. Instead, use a credit card, which can help protect you from fraudulent transactions (most major credit card companies have zero-liability protection). And don't forward funds to a third party for any reason. 'Customers that ask you to transfer any amount of money for any reason should be flagged as potential fraudsters and their transactions immediately canceled,' advises Chargebacks911. Other red flags include a sense of urgency and/or not wanting an in-person viewing (which is unusual for a major purchase like a car). You should also be wary if you're feeling pressured to use an escrow service you're not familiar with — fraudsters can set up a fake escrow company or even pose as a legitimate one. 'Be wary the moment a seller begins to stipulate the escrow site that must be used to complete a transaction. That is your time to run a thorough scrutiny on the website before settling for it,' says You should also avoid any services that require payment through untraceable methods. If you think you may have been targeted by an overpayment scam, report it to the FTC and your state consumer protection office. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Solve the daily Crossword
Yahoo
an hour ago
- Yahoo
Will Modular CapEx and M&A Keep Sterling in Growth Mode?
Sterling Infrastructure, Inc. STRL is actively investing in enhancing its modular construction capabilities and inorganic business initiatives. The current market demand is actively shifting toward data center buildouts, AI infrastructure and utility grid modernization, which is proving favorable for the company's prospects in the long term. Amid this robust market trend, STRL is engaging in expanding its modular fabrication capacity, being optimistic about the scalable and margin-accretive characteristics of such mission-critical the E-Infrastructure Solutions segment, Sterling operates the business for modular buildings and data centers. Backed by the robust market trends, the E-Infrastructure segment's (51% of first-quarter 2025 revenues) backlog grew 27% year over year to $1.2 billion as of the first quarter of 2025, with data center-related work accounting for more than 65%.Besides modular expenditures, Sterling also actively focuses on making strategic investments in mergers and acquisitions (M&A). It believes that bolt-on acquisitions and scalable partnerships are likely to boost its business capabilities and market share, thus offering it a competitive advantage over its peers. Recently, on June 17, 2025, STRL announced the signing of a definitive agreement to acquire CEC Facilities Group, LLC for $505 million, under its E-Infrastructure Solutions segment. CEC Facilities is a non-union electrical contractor with operations focused on fast-growing markets such as data centers, semiconductors and manufacturing, based in Texas. The combined business is expected to benefit from cross-selling opportunities and a broader customer base, thus strengthening Sterling's market reach across Texas and other key 2025, STRL expects capital expenditures to be between $70 million and $80 million, up from $70.8 million in 2024. Thus, with the in-house strategies combined with the favorable market fundamentals, the company is expected to boost its revenue visibility and profit structure in the upcoming period. STRL Stock's Price Performance vs. Other Market Players Shares of this Texas-based infrastructure services provider have surged 69% in the past three months, significantly outperforming the Zacks Engineering - R and D Services industry, the broader Zacks Construction sector and the S&P 500 index. Image Source: Zacks Investment Research Moreover, firms like Quanta Services, Inc. PWR and EMCOR Group, Inc. EME offer substantial competition to Sterling in the public infrastructure field, especially across mission-critical infrastructure solutions. Although the market trends are favoring these companies, they are falling behind in realizing benefits from the robust fundamentals compared with STRL. In the past three months, shares of Quanta Services and EMCOR have gained 40.2% and 41.1%, respectively. Sterling's Valuation Trend Sterling stock is currently trading at a premium compared with the industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 27.78, as evidenced by the chart below. The overvaluation of the stock compared with its industry peers indicates its strong potential in the market, given the favorable trends backing it up. Image Source: Zacks Investment Research Notably, Quanta Services and EMCOR are currently trading at a forward 12-month P/E ratio of 36.62 and 23.48, respectively. EPS Trend of STRL For 2025 and 2026, STRL's earnings estimates have remained unchanged over the past 60 days at $8.61 and $9.48 per share, respectively. However, the estimated figures reflect 41.2% and 10.1% year-over-year growth, respectively. Image Source: Zacks Investment Research The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quanta Services, Inc. (PWR) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Sterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
