Industry News
Industry news and updates; acquisitions; projects.
DoD-Funded Project Announced to Eliminate "Forever Chemicals"
Revive Environmental Technology and Battelle have been selected to participate in a Department of Defense (DoD) Environmental Security Technology Certification Program (ESTCP) project contracted through the Defense Innovation Unit (DIU). The program aims to demonstrate a first-of-its-kind technology capable of destroying toxic “forever chemicals” — scientifically known as per- and polyfluoroalkyl substances (PFAS) — and eliminating the dangers from the environment.

ESTCP is the DoD’s technology demonstration and validation program, designed to identify and advance innovative, cost-effective solutions that address critical environmental and mission-related challenges. ESTCP projects are rigorously evaluated in real-world DoD settings to confirm performance, cost-effectiveness, and scalability. This demonstration is part of ESTCP’s broader mission to support technologies that help reduce environmental risks and improve sustainability across DoD facilities.
Successful application of this prototyping project can result in a success memo, enabling Federal Government agencies to sole source contract the PFAS Annihilator to quickly address their PFAS destruction needs.
Unlike traditional methods that merely capture and transfer PFAS to another waste stream, Revive’s technology destroys these chemicals at a molecular level. The process uses Supercritical Water Oxidation (SCWO), a high-temperature, high-pressure reaction that breaks down PFAS completely, ensuring they are eliminated rather than relocated. This method works on both short- and long-chain PFAS, operates efficiently without creating harmful byproducts, and meets strict environmental discharge requirements.
The upcoming field demonstration, conducted under the ESTCP program, aims to confirm greater than 99.9% PFAS destruction in different waste streams while ensuring compliance with local regulations.
Glenfarne Becomes Majority Owner of Alaska LNG
Glenfarne Alaska, an affiliate of Glenfarne Group, LLC, and the Alaska Gasline Development Corporation (AGDC) signed definitive agreements for Glenfarne to become majority owner of Alaska LNG, the sole federally permitted LNG export project on the U.S. Pacific Coast, and lead its development of construction and operations for the entire project. Alaska LNG is designed to deliver North Slope natural gas to Alaskans and Alaska utilities and export up to 20 million tons of LNG per year (MTPA).

Under the agreement, AGDC is divesting 75 percent of 8 Star Alaska, a subsidiary AGDC created to hold and manage all Alaska LNG project assets, to Glenfarne. Glenfarne assumes the role of Alaska LNG’s lead developer and will lead all remaining development work of Alaska LNG from front-end engineering and design (FEED) through to a final investment decision. AGDC remains a 25 percent owner of 8 Star Alaska and a key partner to Glenfarne on the project.
Following a successful final investment decision, the State of Alaska will retain a 25 percent share in 8 Star Alaska and have the option to invest up to 25 percent in any or all of the three 8 Star Alaska subprojects.
Chemours and Energy Fuels Forming Strategic Alliance for U.S. Critical Minerals
The need for critical and rare earth minerals continues to grow globally. In response, the Chemours Company and Energy Fuels Inc. announced they are forming a strategic alliance to expand the companies’ existing relationship to enhance U.S. domestic rare earth and critical mineral supply chains to meet increasing demand.
The alliance will capitalize on both companies’ geographic and operational synergies. Energy Fuels, a U.S. producer of rare earth elements, is currently developing new heavy mineral sands projects in Madagascar, Brazil and Australia, expected to produce world-scale quantities of rare earth, titanium ilmenite and zircon minerals in the coming years. Chemours mines and separates heavy mineral sands from its mines in Florida and Georgia.
For more information, learn more at chemours.com.
Major Global Companies Pledge Support to Triple Nuclear Energy
A cross-industry group of large energy users signed a pledge supporting the goal of at least tripling global nuclear capacity by 2050. This is the first time major businesses beyond the nuclear sector have come together to publicly back an extensive and concerted expansion of nuclear power to meet increasing global energy demand. They also urge other energy users to support the goal of triple nuclear energy.
The collective call, facilitated by World Nuclear Association, brings together global companies recognizing the need for nuclear’s clean, firm and abundant energy to power their future growth, while also meeting goals of greater energy resiliency and security. This group of companies acknowledge government support and advocate for equal access to finance for nuclear energy.
Founding companies who signed the pledge include: Amazon, Google, Meta, Dow, Occidental, Allseas, OSGE and IHI. The Pledge is expected to gain more support over the coming months, reflecting growing interest in nuclear power from industries as diverse as maritime, aviation and oil and gas.
Westinghouse and Chemetics Inc. Sign MoU to Support New-Build Projects
Westinghouse Electric Company and Chemetics Inc. announced the signing of a memorandum of understanding (MoU) to support nuclear new-build projects in Canada and globally. Under the agreement, Chemetics has the potential to design and fabricate alloy or carbon steel vessels and heat exchangers for key AP1000 and AP300 projects.
The Chemetics fabrication facility is located in Pickering, Ontario, Canada, where it provides engineering, procurement and construction (EPC) services, including module fabrication and assembly and field-construction services across western Canada.
Sources said Westinghouse could generate almost $1 billion Canadian dollars in GDP through local suppliers.
The announcement is the latest in a series of agreements with Canadian firms to support Westinghouse’s AP1000 and AP300 projects globally.
Ecovyst Acquires Sulfuric Acid Operations from Cornerstone

Cornerstone Chemical Company, operator of the Cornerstone Energy Park, announced the sale of its sulfuric acid operations to Ecovyst, a global provider of advanced materials, specialty catalysts, sulfuric acid and regeneration services.
Ecovyst's business structure includes two core business units: Advanced Materials and Catalysts (AM&C) and Ecoservices. Headquartered in Malvern, Pennsylvania, Ecovyst employs more than 900 people across 12 facilities in locations worldwide. The Ecoservices segment of Ecovyst is a provider of virgin sulfuric acid and sulfuric acid regeneration services.
“Cornerstone looks forward to a smooth transition from the sulfuric acid business to Ecovyst, and we are confident in the long-term success of that business and its employees,” says Matthew Sokol, Cornerstone's president and chief executive officer.
Located along the Mississippi River in Waggaman, Louisiana, and established in 1952, the Energy Park is home to several state-of-the-art chemical manufacturing facilities, including site owner Cornerstone Chemical Company, LLC. With approximately 400 employees, Cornerstone is a manufacturer of high-quality intermediate chemicals used for a variety of end-market applications.
U.S. Energy Development Corporation Expands Permian Footprint
U.S. Energy Development Corporation (USEDC), a Fort Worth-based oil and gas exploration and production company has acquired 20,000 net acres in the Permian Basin in Texas.
“This transaction greatly enhances to overall quality and resilience of our portfolio, supplementing our reserves with additional proved producing assets, adding years of multibench drilling inventory and expanding our operated economies of scale,” says Jordan Jayson, CEO and chairman of USEDC.
USEDC plans to run a dedicated drilling rig on the acquired acreage, making this acquisition a key component of USEDC's 2025 plan to invest up to $1 billion in U.S. oil and gas properties. In 2024, the firm deployed about $850 million in operated and non-operated oil and gas projects in the basin, and the firm's team continues to evaluate opportunities.
Cybersecurity Incident at Nova Scotia Power
Emera Inc. and Nova Scotia Power announced a cybersecurity incident involving unauthorized access into certain parts of its Canadian network and servers supporting portions of its business applications.

Immediately following detection of the external threat, the companies activated their incident response and business continuity protocols, engaged leading third-party cybersecurity experts, and took actions to contain and isolate the affected servers and prevent further intrusion. Law enforcement officials were notified.
There remains no disruption to any of the Canadian physical operations including at Nova Scotia Power’s generation, transmission and distribution facilities, the Maritime Link or the Brunswick Pipeline, and the incident has not impacted the utility’s ability to safely and reliably serve customers in Nova Scotia. There has been no impact to Emera’s U.S. or Caribbean utilities.
North Island Drilling Project Begins in Vancouver

Red Dog, West Goodspeed and Goodspeed areas with magnetic anomalies. Source: Northisle
Northisle Copper and Gold Inc. has commenced its 2025 exploration program at the North Island Project. The exploration program will consist of at least 4.3 miles (7,000 meters) of drilling focused on the West Goodspeed and Northwest Expo targets, plus an extensive field program to leverage the company’s exploration data to identify additional targets along its North Island copper-gold porphyry belt.
“In 2025, our exploration team will continue advancing our understanding of this district-scale project,” said Dr. Pablo Mejia Herrera, vice president of exploration for Northisle. “Integration and modeling of more than 60 years of property-wide exploration data is underway to apply the successful Northwest Corridor targeting approach across our (nearly) 22 mile (35-kilometer) district.”
Fully Functioning Single-Phase Solar Project Operating in Texas
Vesper Energy hosted a ribbon-cutting ceremony on April 10, 2025, to celebrate the commercial operation of its flagship energy project, Hornet Solar, which is now fully operational. The event marks a major milestone not only for Vesper Energy, but also for Texas as a national leader in solar energy production.
Hornet Solar includes over 1.36 million modules and spans more than six square miles in Swisher County, Texas, making it one of the largest solar installations in the country. The project will contribute more than $100 million in new tax revenue to Swisher County and deliver 600 MWac of energy.
“Hornet Solar is a testament to how large-scale energy projects can deliver reliable, domestic power to American homes and businesses,” said Juan Suarez, co-chief executive officer at Vesper Energy. “This project isn't just about solar panels — it’s about making energy more affordable while strengthening our nation's energy security.

Vesper Energy began construction on Hornet Solar in the fall of 2023. Since its inception, Hornet Solar has achieved several major milestones, including the installation of its one-millionth solar panel in December 2024 and the installation of its final module in January 2025.
"The scale of Hornet Solar speaks for itself — 1.36 million panels, over six square miles, and 600 MW of capacity,” said Zach Wald, vice president of EPC. “But the real impact is what this project delivers to Swisher County: more than $100 million in new tax revenue and meaningful investments in schools, infrastructure and healthcare.”
Cyclic Materials to Invest in First U.S. Commercial Facility
Cyclic Materials, the advanced recycling company working to create a circular supply chain for rare earth elements (REE) and other critical materials, announced a new state-of-the-art facility. Located in Mesa, AZ, the facility will focus on the separation of permanent magnets from end-of-life products previously not recovered.
As part of it’s commitment, Cyclic Materials is establishing a feedstock supply network that will serve the entire U.S.

“We are excited to begin commercial operations in the U.S. in early 2026,” said CEO and Cofounder of Cyclic Materials Ahmad Ghahreman. “We have chosen our first global site to be close to feedstock that will support our mission to address the global supply-demand imbalance for rare early materials. By developing circular supply chains, we can reduce dependence on overseas sources and secure a more stable REE supply for the future.”
Balmoral Tanks Opening Ohio Manufacturing Facility
Recognized worldwide as a producer of digester tanks for anaerobic digestion (AD) plants, Balmoral Tanks plans to open its first U.S. facility in Mentor, OH, east of Cleveland, in summer 2025. This facility will exclusively supply epoxy-coated steel tanks under the company’s Efusion brand.
The Ohio factory is Balmoral Tanks’ third operations facility with additional locations in England and Wales. The company has invested nearly $30 million USD in its tanks business since 2018.

Paul Tattershall, general manager of Balmoral Tanks’ U.S. business.
Source: Balmoral Tanks
“Producing our epoxy-coated steel tanks in America enables us to cultivate and enhance American customer relationships, reduce logistics cost and meet increasing demand as the U.S. biogas sector continues to grow,” said Paul Tattershall, general manager of Balmoral Tanks’ U.S. business. “For our U.S. customers, that means lower shipping costs, faster delivery and decreased risk of transportation delays.
Anaerobic digestion is the process by which organic matter, such as animal and food waste, is broken down to produce biogas. This occurs in sealed, oxygen-free tanks called anaerobic digesters. Recently Balmoral supplied two of the biggest tanks in the world to a project in Michigan, with each tank expected to generate two megawatts of power, enough to power millions of U.S. homes for a month.
Executive Leadership Changes at Victaulic
Victaulic announced that Gary Moore, executive vice president and chief revenue officer, retired at the end of April after 37 years of service with the company. Mark Gilbert, currently vice president and general manager for Europe, Middle East and Africa, as well as vice president in the U.S., will succeed Moore as vice president of sales effective May 1, 2025.

Gary Moore, retiring EVP and CRO at Victaulic.
Source: Victaulic
“Gary Moore has had as much to do with Victaulic’s growth over the last 20 years as anyone,” says Victaulic chairman John Malloy. “His greatest legacies are the Victaulic sales organization as it stands today, the leadership of this organization and the careers Gary has created for such a talented group of individuals.”
“It has been the privilege of my professional life to serve Victaulic for nearly four decades,” said Moore. “I’m incredibly proud of what our team has accomplished in expanding our global presence and developing innovative solutions that have transformed the construction industry. I look forward to seeing Victaulic’s continued success in this next chapter.”

Mark Gilbert, becomes EVP of sales at Victaulic on May 1. Source: Victaulic
Gilbert brings over 30 years of Victaulic experience to his new role. After graduating from Purdue University, he joined Victaulic as a sales representative in the Washington, D.C. area. His career has included positions as regional manager, west coast division manager, director for the Middle East Region in Dubai, and vice president of Europe, Middle East, Africa and India in Belgium, and for the last two years, vice president in the U.S.
“Mark's extensive knowledge of our business, coupled with his proven ability to work cross-functionally, positions him well to continue our tradition of excellence while forging new paths to market leadership,” says Richard A. Bucher, Ph.D., President and CEO of Victaulic. “We are confident in his ability to build upon the strong foundation that Gary has established.”
Val-Matic Announces New President

Jason Maciejewski has been named president of Val-Matic. Jason has been with the company for 14 years and in that time progressed through the sales department in various roles to his most recent role as senior vice president of sales.
“Jason has established himself at Val-Matic, A.Y. McDonald Industries, and across the water and wastewater industry as a professional with great knowledge of our products and their applications in the field,” says Rob McDonald, CEO of A.Y. McDonald Industries, parent company of Val-Matic. “He has been a successful leader in the company his entire career so I’m confident in Jason’s ability to promote both a people and customer-focused environment.”
Changes in Leadership at Exxon Mobil Corporation Announced
ExxonMobil announced the impending retirement of Karen T. McKee, president of ExxonMobil Product Solutions Company and vice president of Exxon Mobil Corporation as of May 1, 2025, after 34 years of service with the company.
“We thank Karen for her long-standing service to the company,” says Darren Woods, CEO and chairman of Exxon Mobil Corporation. “In her more than three decades with the company, she’s made significant contributions to ExxonMobil in a wide range of roles across our downstream and chemical businesses.”
Matt Crocker, president of Global Business Solutions since 2023, was named by the board of directors as McKee’s successor. Prior to that, Crocker served in a number of senior vice president and vice president roles as he progressed through several positions during his tenure at the company since joining it in 1995.