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SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

Green Car Congress

SITA UK, one of the country’s leading recycling and resource management companies and a subsidiary of Suez Environment, has signed an exclusive agreement with Cynar Plc to build Britain’s first fully operational plants to convert end of life plastic into diesel fuel. Agitation evens the temperature and homogenizes the feedstocks.

Waste 231
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Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

Green Car Congress

Under the terms of the financing, the company will issue shares of common stock at a price of $2.12 The completion of this financing will greatly accelerate the build out of our national network of diesel-to-natural-gas conversion facilities. Merriman Capital, Inc.

Financing 236
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Workhorse Group secures $35M in financing from Marathon Asset Management; $1.3M battery purchase by Duke Energy

Green Car Congress

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. This agreement provides meaningful, near-term funding that will go directly toward building and delivering vehicles to customers in 2019. Workhorse Group Inc.,

Financing 259
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Electrovaya completes C$5M financing; new Office of Chairman

Green Car Congress

completed a financing for C$5 million (US$4.96 Each share purchase warrant is convertible into one common share of the corporation. This financing provides valuable working capital for future growth, including certain strategic initiatives. Canada-based Li-ion battery maker Electrovaya Inc. issued to the lender. created office.

Financing 218
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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

Green Car Congress

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9%

Argentina 335
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Waste-to-biofuels company Enerkem raised C$50 million in latest financing round

Green Car Congress

million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 With its proprietary technology, Enerkem converts non-recyclable municipal solid waste into methanol, ethanol and other widely used chemical intermediates. Canada-based waste-to-biofuels company Enerkem Inc. gasification.

Financing 210
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Calysta completes $3M Series A financing; biological conversion of methane to fuels and chemicals

Green Car Congress

Calysta Energy completed a Series A financing round totaling $3 million. The financing was led by Pangaea Ventures Ltd., Calysta intends to use the Series A investment to advance development of biological routes to high value industrial chemicals and fuels based on methane, an advantaged feedstock from natural gas. Earlier post.).

Financing 210