The overall Board of VDMA Metallurgy will comprise the Chairmen and Deputy Chairmen of the previous specialist associations. The designated Chairman of the Board is Dr. Ioannis Ioannidis, President & CEO Oskar Frech Gruppe. Designated Deputy Chairmen are Dr. Christian Bartels-von Varnbüler, President Küttner Group, and Dr. Joachim G. Wünning, Managing Director WS Wärmeprozesstechnik GmbH.
VDMA Metallurgy represents 180 member companies. The total sales of the metallurgical plant and equipment sectors amount to more than € 4.6 billion (2016), with a total workforce of about 24,000 (2016). The sectors represented by the specialist association sold equipment with a total value of € 2.3 billion throughout the world, also in 2016. The share of exports is more than 70 % on average.
“The newly created platform expresses the joint commitment of companies in the metallurgical plant and equipment sectors to the further development of technologies for the metal production and processing value streams,” said Dr. Timo Würz, Managing Director of VDMA Metallurgy, at the inaugural meeting.
(Source: VDMA Metallurgy)
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.