Latest news with #hydrogenproduction
Associated Press
3 days ago
- Business
- Associated Press
Elemental Advanced Materials Closes $20M to Scale Production of Carbon Nanomaterials, Clean Hydrogen, and Recovered Critical Minerals
HOUSTON--(BUSINESS WIRE)--Jun 24, 2025-- Elemental Advanced Materials, a leader in low-emission carbon nanomaterials and hydrogen production, today announced the close of a $20 million funding round led by Taranis , a climate technology investment firm. This press release features multimedia. View the full release here: Elemental's patented, single-step manufacturing process converts hydrocarbon-rich waste – such as plastics, tank bottoms, and gas by-products – into high-performance carbon nano onions and clean hydrogen. The funding will enable Elemental to scale its patented, single-step manufacturing process that converts hydrocarbon-rich waste – such as plastics, tank bottoms, and gas by-products – into high-performance carbon nanomaterials and clean hydrogen. This CO₂e-neutral process also supports the recovery of critical minerals from end-of-life electronics, further contributing to circularity in supply chains. 'Our mission is to transform waste hydrocarbons into high-purity carbon nanomaterials and hydrogen,' said Ian Bishop, President and Co-Founder of Elemental. 'This funding will allow us to scale production and deliver performance materials at the cost, quality, and volume industry demands, while expanding our capabilities to recover critical minerals from e-waste.' Elemental's carbon nanomaterials, including graphene and carbon nano-onions, enhance the performance of batteries, capacitors, and electronics. These materials also increase durability, thermal and electrical conductivity, and EMI shielding of cement, resins, composites and lubricants– while significantly reducing their embedded emissions. 'Taranis backs technologies with the power to bend the industrial emissions curve,' said David Sorin, Managing Director of Taranis. 'Elemental's platform not only reduces carbon intensity and waste but also creates value from discarded resources. That's the kind of circular innovation the world urgently needs.' About Elemental Advanced Materials Elemental is a Houston-based advanced materials company turning waste plastics, gases, and hydrocarbons into high-performance carbon nanomaterials and hydrogen at commercial scale. Its patented, CO₂e-neutral process replaces toxic, resource-intensive legacy systems and supports sustainable industrial innovation. Learn more at About Taranis Taranis is an investment and impact project development entity of the Perenco Group. The mission is to research, finance and operate innovative initiatives in the fields of sustainable energy, carbon management and nature-based solutions. Drawing on Perenco's industrial expertise, Taranis aims to reconcile economic performance and environmental responsibility, while generating a tangible social impact. The investment in Elemental was made through Taranis Carbon Ventures, Taranis' fund investing in breakthrough technologies that accelerate the transition to a sustainable low-carbon future. To learn more, visit . View source version on CONTACT: Ian Bishop [email protected] KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: ENVIRONMENT TECHNOLOGY ENGINEERING CHEMICALS/PLASTICS NANOTECHNOLOGY SUSTAINABILITY MANUFACTURING MINING/MINERALS BATTERIES NATURAL RESOURCES SOURCE: Elemental Advanced Materials Copyright Business Wire 2025. PUB: 06/24/2025 11:34 AM/DISC: 06/24/2025 11:33 AM
Trade Arabia
15-05-2025
- Business
- Trade Arabia
Samsung E&A to launch new hydrogen solution compassH2
Samsung E&A, a global energy solutions provider, has launched CompassH2, a next-generation green hydrogen production plant solution developed in collaboration with Nel, a leader in hydrogen electrolyser technology. The plant aims to achieve the world's best performance and cost-competitiveness, serving as a pathfinder to the optimal Levelised Cost of Hydrogen (LCOH). The official launch will take place during the World Hydrogen Summit 2025 in Rotterdam Ahoy, Netherlands, on May 21. CompassH2 combines Nel's world-class electrolyser technology with Samsung E&A's global engineering excellence, delivering optimised design and unmatched efficiency. Key highlights include best system efficiency with optimised design, system-level performance guarantees, comprehensive engineering support, and an end-to-end solution offering. The plant is designed with scalability in mind, starting with a base capacity of 100 megawatts, allowing for flexible expansion based on project needs. Nel, headquartered in Norway, is a global leader in clean hydrogen production technologies, offering both alkaline water electrolysis (AWE) and proton exchange membrane (PEM) technologies. The company is at the forefront of the green hydrogen revolution, as the global eco-friendly energy market rapidly expands due to decarbonisation trends and tightening environmental regulations. Samsung E&A has declared "addressing societal challenges through technology" as a key pillar of its mid-to-long-term strategy in the era of energy transition. The company is accelerating its expansion into new energy and eco-friendly sectors through its three E&Able strategies: ▷E&Able Low (low carbon), ▷E&Able Zero (carbon-free), and ▷E&Able Circle (environment). -TradeArabia News Service
Zawya
15-05-2025
- Business
- Zawya
Samsung E&A to launch new hydrogen solution compassH2
Saudi Arabia - Samsung E&A, a global energy solutions provider, has launched CompassH2, a next-generation green hydrogen production plant solution developed in collaboration with Nel, a leader in hydrogen electrolyser technology. The plant aims to achieve the world's best performance and cost-competitiveness, serving as a pathfinder to the optimal Levelised Cost of Hydrogen (LCOH). The official launch will take place during the World Hydrogen Summit 2025 in Rotterdam Ahoy, Netherlands, on May 21. CompassH2 combines Nel's world-class electrolyser technology with Samsung E&A's global engineering excellence, delivering optimised design and unmatched efficiency. Key highlights include best system efficiency with optimised design, system-level performance guarantees, comprehensive engineering support, and an end-to-end solution offering. The plant is designed with scalability in mind, starting with a base capacity of 100 megawatts, allowing for flexible expansion based on project needs. Nel, headquartered in Norway, is a global leader in clean hydrogen production technologies, offering both alkaline water electrolysis (AWE) and proton exchange membrane (PEM) technologies. The company is at the forefront of the green hydrogen revolution, as the global eco-friendly energy market rapidly expands due to decarbonisation trends and tightening environmental regulations. Samsung E&A has declared "addressing societal challenges through technology" as a key pillar of its mid-to-long-term strategy in the era of energy transition. The company is accelerating its expansion into new energy and eco-friendly sectors through its three E&Able strategies: ▷E&Able Low (low carbon), ▷E&Able Zero (carbon-free), and ▷E&Able Circle (environment). Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
