The design of the mill will allow for the future installation of a spooling line for the production of twist-free, easy-to-store and transport, compact heavy coils up to 11,000 lbs.
The mill is scheduled to be in operation by the third quarter of 2019. It will be the third such mill in the USA alone and will join eight other MI.DA Micromills with capacities ranging from 300,000 to 800,000 t/a already (or soon to be) in operation worldwide.
Danieli patented endless casting rolling technology ensures the best CapEx and OpEx for mill operators due to the continuous and energy-saving process, high yield and plant availability.
(Source: Danieli & C. Officine Mecchaniche S.p.A.)
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.
