The Andritz S6-high solution is able to roll thinner and higher-strength cold-rolled strip, which is used in the automotive industry in particular. The patented Andritz system provides a means of rolling thinner strip thicknesses, even at yield points of 1,000 MPa or more.
Shougang Jingtang United Iron & Steel Co., Ltd, China, commissioned Andritz to supply an S6-high cold-rolling mill with an annual capacity of 280,000 t for the production of high-strength and ultra-high-strength steel strip for the automotive industry in the summer of 2018.
(Source: Andritz)
Tulum Energy Secures $27 Million in Venture Financing to Rapidly Scale Groundbreaking Turquoise Hydrogen Technology
Tulum Energy, a pioneering methane pyrolysis startup, has successfully closed a $27 million venture financing round. This significant investment, led by CDP Venture Capital (through its Green Transition Fund) and TDK Ventures and a global consortium of prominent investors including Tulum’s founder TechEnergy Ventures, MITO Technology, through the MITO Tech Ventures fund, and Doral Energy Tech Ventures, underscores strong confidence in Tulum Energy’s innovative approach to clean hydrogen production.