Caterpillar Acquires CarbonPoint Solutions

Caterpillar Acquires CarbonPoint Solutions

Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate and capture CO2 for utilization or sequestration.

Caterpillar Inc. has acquired Enhanced Energy Group Inc., operating as CarbonPoint Solutions, a U.S.-based carbon capture technology company. Headquartered in Rhode Island, CarbonPoint Solutions provides technology to concentrate and capture CO2 for utilization or sequestration. 

Carbon capture systems using CarbonPoint Solutions’ patented processes can be applied to engines and turbines at oil and gas sites, distributed power and industrial plants and waste-to-energy sites. 

“Combining CarbonPoint Solutions’ patented technology with Caterpillar Oil & Gas solutions enables us to further reduce greenhouse gas emissions while helping our customers meet their climate-related objectives,” said Rod Shurman, vice president of Caterpillar’s Oil & Gas and Marine Division. 

“We are extremely pleased to join Caterpillar and look forward to rapid deployment of the Semi-Closed Cycle and carbon capture for Cat engines and Solar gas turbines,” said Paul Dunn, president and founder of CarbonPoint Solutions. 

Caterpillar says it is committed to contributing to a reduced-carbon future, through continued investment in new products, technologies and services to help customers achieve their climate-related objectives as they build a better, more sustainable world.

You May Also Like

Bendix Showcases Global Scalable Air Treatment, Electric Air Compressors

Based on 20 years of development and field experience in electronic air control, GSAT can control both traditional air compressors as well as those operated by electric motors, the company said.

Bendix-Showcases-Global-Scalable-Air-Treatment

Bendix Commercial Vehicle Systems LLC (Bendix) recently showcased its Global Scalable Air Treatment (GSAT) technology and electric air compressors (eCompressors) at the Advanced Clean Transportation (ACT) Expo in Las Vegas, Nevada. GSAT is a modular control system for compressed air-operated braking systems that’s built to address evolving functionalities and regional environmental regulations while providing manufacturers with a high level of flexibility during installation, the company said.

HDA Truck Pride Announces Top Tech Competition Semifinalists

Six outstanding technicians will advance to the second round of the competition, competing in the Maryland SuperTech Competition at the end of June, HDA Truck Pride said.

HDA Truck Pride Announces Top Tech Competition Semifinalists
HDA Truck Pride Recaps 2024 Annual Meeting

The HDA Truck Pride community celebrated a successful year, marked by the addition of over 130 new locations across North America.

HDA Truck Pride Recaps 2024 Annual Meeting
New 17-ton Rotary Pit Lift Released in Europe, Middle East, Africa

The lift can adjust to fit different pit sizes, while maintaining the ability to pick up, lift and support heavy-duty vehicles.

Rotary-pit-lift-600
VIPAR HD Announces Latin America Expansion Plans

Plans include focusing on new locations, stockholders, and suppliers to serve the growing market.

VIPAR hold semi-annual meeting
Other Posts
SMP to Acquire European Supplier Nissens Automotive

The transaction is expected to be complete in the second half of 2024.

Distribution Mergers and Acquisitions Lessons Learned

Mike Buzzard, managing partner at Schwartz Advisors, highlighted the unique dynamics of family-owned businesses in the automotive aftermarket, drawing from his personal experience.

SchwartzReport_Buzzard_Mergers_1400x700 copy
Hengst Filtration Acquires Canadian-American Filter Company

Hengst will take over North American hydraulic filter manufacturer Main Filter.

Hengst Filtration Acquires Canadian-American Company
HDA Truck Pride’s The Service Co. Acquires BSA of Ohio

The acquisition expands the company’s presence in the Dayton, Ohio, market.

HDA-Truck-Prides-The-Service-Co.-Acquires-BSA-of-Ohio