Month: April 2026

NEWARK, Del., April 22, 2026 /PRNewswire/ — According to the latest analysis by Future Market Insights, the global absorption chiller market is witnessing steady and structurally significant growth, driven by increasing demand for energy-efficient cooling solutions, expanding district cooling infrastructure, and rising adoption of waste heat recovery systems. As industries and commercial facilities prioritize decarbonization and operational efficiency, absorption chillers are emerging as a strategic alternative to conventional electric cooling technologies.

Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-1584

Quick Stats: Absorption Chiller Market (2026–2036)

• Market Size (2026): USD 1.88 Billion
• Forecast Value (2036): USD 2.98 Billion
• CAGR (2026–2036): 4.7%
• Incremental Opportunity: USD 1.10 Billion
• Leading Technology Segment: Double-Stage (85.4% share)
• Dominant Absorber Type: Lithium Bromide (92.5% share)
• Key Growth Regions: India, China, Middle East, North America
• Primary Applications: District Cooling, Industrial Process Cooling, Commercial Buildings

Market Size, Forecast & Growth Outlook

The absorption chiller market was valued at USD 1.80 billion in 2025 and is projected to reach USD 1.88 billion in 2026, expanding further to USD 2.98 billion by 2036 at a CAGR of 4.7%.

Growth is primarily fueled by increasing integration of thermal energy systems, where waste heat, solar thermal energy, or cogeneration exhaust is utilized as a low-cost energy source for cooling.

• India leads growth with a CAGR of 5.4%, driven by district cooling mandates and industrial energy efficiency initiatives
• China follows at 4.6%, supported by infrastructure expansion and energy efficiency targets
• Canada (4.2%) and Japan (4.0%) reflect stable adoption in mature markets

This trajectory highlights the market’s transition toward energy-integrated cooling systems that align with global sustainability goals.

Demand Drivers: Decarbonization, Waste Heat Utilization & Regulatory Push

The absorption chiller market is strongly influenced by environmental regulations and energy optimization strategies.

Primary Growth Drivers

• Building Energy Efficiency Mandates: Increasing regulatory pressure to reduce energy consumption and carbon emissions
• District Cooling Expansion: Rising investments in centralized cooling infrastructure, particularly in high-temperature regions
• Waste Heat Recovery Adoption: Industrial facilities leveraging exhaust heat to generate cooling capacity
• Low-GWP Refrigerant Transition: Compliance with global agreements promoting eco-friendly refrigerants

Absorption chillers offer a compelling value proposition by utilizing waste heat instead of electricity, significantly reducing operational costs and emissions.

Technology Landscape: Efficiency and Sustainability at the Core

The market is defined by technology configurations optimized for performance and energy utilization:

• Double-Stage Absorption Chillers (85.4% share):
  Lead the market due to higher efficiency and better performance at elevated temperatures
• Lithium Bromide Systems (92.5% share):
  Dominate due to superior absorption efficiency and reliability in large-scale applications
• Emerging Trend:
  Increasing adoption of solar-thermal-driven absorption systems in high-insolation regions

These systems are particularly effective in applications where continuous thermal energy availability aligns with cooling demand.

Supply Chain Dynamics: Integrated Energy Ecosystem

Upstream

• Heat source providers (cogeneration systems, industrial exhaust, solar thermal)
• Component manufacturers (heat exchangers, pumps, control systems)

Midstream (OEMs)

Key manufacturers include:

• Thermax Ltd
• Shuangliang Eco-Energy Systems Co. Ltd.
• Carrier Corporation
• Trane Inc.
• Johnson Controls

These companies focus on system integration, efficiency optimization, and lifecycle services.

Downstream

• District cooling developers
• Industrial facilities
• Commercial real estate developers

Pricing Trends & Value Proposition

Absorption chillers operate within a value-based pricing model:

• Higher upfront costs compared to electric chillers
• Significantly lower lifecycle costs when waste heat is available
• Increasing ROI driven by energy savings and regulatory compliance

The key purchasing decision factor is total cost of ownership (TCO) rather than initial capital expenditure.

Access the Complete Report in PDF Format: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1584

Segment Analysis: High-Efficiency Systems Drive Demand

By Technology

• Double-stage systems dominate due to superior coefficient of performance
• Single-stage systems cater to smaller or lower-temperature applications

By Absorber Type

• Lithium bromide leads due to high efficiency and reliability
• Ammonia-based systems serve niche industrial applications

By Application

• District cooling and commercial buildings lead adoption
• Industrial process cooling is a fast-growing segment

Regional Analysis: Growth Anchored in Energy Transition

Asia Pacific (High Growth)

• India and China drive demand through infrastructure and industrial expansion
• Strong adoption of district cooling and waste heat recovery

North America

• Growth supported by data center expansion and sustainability initiatives

Japan

• Mature market with established cogeneration infrastructure

Middle East

• High adoption driven by extreme climate conditions and district cooling projects

Competitive Landscape: Efficiency, Integration & Service Define Leadership

The market is moderately consolidated, with competition based on:

• Efficiency at varying thermal inputs
• Integration with district cooling systems
• Aftermarket services and maintenance capabilities

Key Players

• Thermax Ltd
• Shuangliang Eco-Energy Systems Co. Ltd.
• Carrier Corporation
• Trane Inc.
• Johnson Controls

Companies are increasingly investing in R&D, renewable integration, and advanced control systems to enhance competitiveness.

Risks & Market Constraints

• High initial capital investment
• Complex integration with thermal energy infrastructure
• Competition from advanced electric chillers
• Maintenance requirements and operational complexity

Investment Opportunities & Future Outlook

The absorption chiller market presents long-term opportunities in:

• Solar-powered absorption cooling systems
• Industrial waste heat recovery integration
• District cooling infrastructure expansion
• Smart energy management and hybrid cooling systems

Buy Report: Unlock 360° insights for strategic decision making and investment planning: https://www.futuremarketinsights.com/checkout/1584

Future Outlook (2036)

By 2036, absorption chillers will become a critical component of integrated energy systems, particularly in regions prioritizing decarbonization and energy efficiency. The market will increasingly align with renewable energy integration and circular energy utilization models.

Strategic Takeaway for Decision-Makers

The absorption chiller market is not just an HVAC segment—it is an energy strategy solution. Organizations that integrate cooling systems with thermal energy infrastructure will unlock significant cost and sustainability advantages.

As global industries move toward low-carbon, energy-efficient operations, absorption chillers will play a pivotal role in shaping the future of sustainable cooling.

Related Reports:

Blast Chillers Market- https://www.futuremarketinsights.com/reports/blast-chillers-market

Adsorption Chillers Market- https://www.futuremarketinsights.com/reports/adsorption-chillers-market

Data Center Chillers Market- https://www.futuremarketinsights.com/reports/data-center-chillers-market

About Future Market Insights (FMI) 

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. Headquartered in Delaware, USA, with a global delivery center in India and offices in the UK and UAE, FMI delivers actionable insights to businesses across industries including automotive, technology, consumer products, manufacturing, energy, and chemicals. 

An ESOMAR-certified research organization, FMI provides custom and syndicated market reports and consulting services, supporting both Fortune 1,000 companies and SMEs. Its team of 300+ experienced analysts ensures credible, data-driven insights to help clients navigate global markets and identify growth opportunities. 

For Press & Corporate Inquiries
Rahul Singh
AVP – Marketing and Growth Strategy
Future Market Insights, Inc.
+91 8600020075
For Sales – sales@futuremarketinsights.com
For Media – Rahul.singh@futuremarketinsights.com
For web – https://www.futuremarketinsights.com/

Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/global-absorption-chiller-market-to-reach-usd-2-98-billion-by-2036-as-waste-heat-utilization-and-district-cooling-drive-sustainable-cooling-adoption-302749677.html

SOURCE Future Market Insights

NEWARK, Del., April 22, 2026 /PRNewswire/ — According to the latest analysis by Future Market Insights, the global absorption chiller market is witnessing steady and structurally significant growth, driven by increasing demand for energy-efficient cooling solutions, expanding district cooling infrastructure, and rising adoption of waste heat recovery systems. As industries and commercial facilities prioritize decarbonization and operational efficiency, absorption chillers are emerging as a strategic alternative to conventional electric cooling technologies.

Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-1584

Quick Stats: Absorption Chiller Market (2026–2036)

• Market Size (2026): USD 1.88 Billion
• Forecast Value (2036): USD 2.98 Billion
• CAGR (2026–2036): 4.7%
• Incremental Opportunity: USD 1.10 Billion
• Leading Technology Segment: Double-Stage (85.4% share)
• Dominant Absorber Type: Lithium Bromide (92.5% share)
• Key Growth Regions: India, China, Middle East, North America
• Primary Applications: District Cooling, Industrial Process Cooling, Commercial Buildings

Market Size, Forecast & Growth Outlook

The absorption chiller market was valued at USD 1.80 billion in 2025 and is projected to reach USD 1.88 billion in 2026, expanding further to USD 2.98 billion by 2036 at a CAGR of 4.7%.

Growth is primarily fueled by increasing integration of thermal energy systems, where waste heat, solar thermal energy, or cogeneration exhaust is utilized as a low-cost energy source for cooling.

• India leads growth with a CAGR of 5.4%, driven by district cooling mandates and industrial energy efficiency initiatives
• China follows at 4.6%, supported by infrastructure expansion and energy efficiency targets
• Canada (4.2%) and Japan (4.0%) reflect stable adoption in mature markets

This trajectory highlights the market’s transition toward energy-integrated cooling systems that align with global sustainability goals.

Demand Drivers: Decarbonization, Waste Heat Utilization & Regulatory Push

The absorption chiller market is strongly influenced by environmental regulations and energy optimization strategies.

Primary Growth Drivers

• Building Energy Efficiency Mandates: Increasing regulatory pressure to reduce energy consumption and carbon emissions
• District Cooling Expansion: Rising investments in centralized cooling infrastructure, particularly in high-temperature regions
• Waste Heat Recovery Adoption: Industrial facilities leveraging exhaust heat to generate cooling capacity
• Low-GWP Refrigerant Transition: Compliance with global agreements promoting eco-friendly refrigerants

Absorption chillers offer a compelling value proposition by utilizing waste heat instead of electricity, significantly reducing operational costs and emissions.

Technology Landscape: Efficiency and Sustainability at the Core

The market is defined by technology configurations optimized for performance and energy utilization:

• Double-Stage Absorption Chillers (85.4% share):
  Lead the market due to higher efficiency and better performance at elevated temperatures
• Lithium Bromide Systems (92.5% share):
  Dominate due to superior absorption efficiency and reliability in large-scale applications
• Emerging Trend:
  Increasing adoption of solar-thermal-driven absorption systems in high-insolation regions

These systems are particularly effective in applications where continuous thermal energy availability aligns with cooling demand.

Supply Chain Dynamics: Integrated Energy Ecosystem

Upstream

• Heat source providers (cogeneration systems, industrial exhaust, solar thermal)
• Component manufacturers (heat exchangers, pumps, control systems)

Midstream (OEMs)

Key manufacturers include:

• Thermax Ltd
• Shuangliang Eco-Energy Systems Co. Ltd.
• Carrier Corporation
• Trane Inc.
• Johnson Controls

These companies focus on system integration, efficiency optimization, and lifecycle services.

Downstream

• District cooling developers
• Industrial facilities
• Commercial real estate developers

Pricing Trends & Value Proposition

Absorption chillers operate within a value-based pricing model:

• Higher upfront costs compared to electric chillers
• Significantly lower lifecycle costs when waste heat is available
• Increasing ROI driven by energy savings and regulatory compliance

The key purchasing decision factor is total cost of ownership (TCO) rather than initial capital expenditure.

Access the Complete Report in PDF Format: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1584

Segment Analysis: High-Efficiency Systems Drive Demand

By Technology

• Double-stage systems dominate due to superior coefficient of performance
• Single-stage systems cater to smaller or lower-temperature applications

By Absorber Type

• Lithium bromide leads due to high efficiency and reliability
• Ammonia-based systems serve niche industrial applications

By Application

• District cooling and commercial buildings lead adoption
• Industrial process cooling is a fast-growing segment

Regional Analysis: Growth Anchored in Energy Transition

Asia Pacific (High Growth)

• India and China drive demand through infrastructure and industrial expansion
• Strong adoption of district cooling and waste heat recovery

North America

• Growth supported by data center expansion and sustainability initiatives

Japan

• Mature market with established cogeneration infrastructure

Middle East

• High adoption driven by extreme climate conditions and district cooling projects

Competitive Landscape: Efficiency, Integration & Service Define Leadership

The market is moderately consolidated, with competition based on:

• Efficiency at varying thermal inputs
• Integration with district cooling systems
• Aftermarket services and maintenance capabilities

Key Players

• Thermax Ltd
• Shuangliang Eco-Energy Systems Co. Ltd.
• Carrier Corporation
• Trane Inc.
• Johnson Controls

Companies are increasingly investing in R&D, renewable integration, and advanced control systems to enhance competitiveness.

Risks & Market Constraints

• High initial capital investment
• Complex integration with thermal energy infrastructure
• Competition from advanced electric chillers
• Maintenance requirements and operational complexity

Investment Opportunities & Future Outlook

The absorption chiller market presents long-term opportunities in:

• Solar-powered absorption cooling systems
• Industrial waste heat recovery integration
• District cooling infrastructure expansion
• Smart energy management and hybrid cooling systems

Buy Report: Unlock 360° insights for strategic decision making and investment planning: https://www.futuremarketinsights.com/checkout/1584

Future Outlook (2036)

By 2036, absorption chillers will become a critical component of integrated energy systems, particularly in regions prioritizing decarbonization and energy efficiency. The market will increasingly align with renewable energy integration and circular energy utilization models.

Strategic Takeaway for Decision-Makers

The absorption chiller market is not just an HVAC segment—it is an energy strategy solution. Organizations that integrate cooling systems with thermal energy infrastructure will unlock significant cost and sustainability advantages.

As global industries move toward low-carbon, energy-efficient operations, absorption chillers will play a pivotal role in shaping the future of sustainable cooling.

Related Reports:

Blast Chillers Market- https://www.futuremarketinsights.com/reports/blast-chillers-market

Adsorption Chillers Market- https://www.futuremarketinsights.com/reports/adsorption-chillers-market

Data Center Chillers Market- https://www.futuremarketinsights.com/reports/data-center-chillers-market

About Future Market Insights (FMI) 

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. Headquartered in Delaware, USA, with a global delivery center in India and offices in the UK and UAE, FMI delivers actionable insights to businesses across industries including automotive, technology, consumer products, manufacturing, energy, and chemicals. 

An ESOMAR-certified research organization, FMI provides custom and syndicated market reports and consulting services, supporting both Fortune 1,000 companies and SMEs. Its team of 300+ experienced analysts ensures credible, data-driven insights to help clients navigate global markets and identify growth opportunities. 

For Press & Corporate Inquiries
Rahul Singh
AVP – Marketing and Growth Strategy
Future Market Insights, Inc.
+91 8600020075
For Sales – sales@futuremarketinsights.com
For Media – Rahul.singh@futuremarketinsights.com
For web – https://www.futuremarketinsights.com/

Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/global-absorption-chiller-market-to-reach-usd-2-98-billion-by-2036-as-waste-heat-utilization-and-district-cooling-drive-sustainable-cooling-adoption-302749677.html

SOURCE Future Market Insights

WASHINGTON, April 21, 2026 /PRNewswire/ — Ampace, a global leader in advanced lithium-ion battery technology, is participating in Data Center World 2026 at the Walter E. Washington Convention Center (Booth 206), where active visitor engagement reflected growing industry focus on how power infrastructure must evolve for the AI era.

This year, Ampace is showcasing how battery systems are becoming an increasingly important enabler of gigascale AI infrastructure. From cell-level technologies to system-level deployment, spanning applications from commercial and industrial energy storage to UPS systems, Ampace is presenting solutions designed to help data centers manage rising power volatility, improve resilience, and scale more efficiently.

At the center of the showcase is the PU Series, Ampace’s AI-ready battery platform engineered for the increasingly dynamic conditions of modern compute environments. As AI clusters drive 100kW+ rack densities, millisecond-level load spikes, and frequent workload transitions, conventional backup systems are being asked to do far more than emergency support. Ampace’s PU Series is designed to absorb rapid fluctuations, maintain stable output, and support uninterrupted operation under highly variable AI workloads.

A key highlight of Ampace’s presence this week will be its featured TECH TALK session with Eaton on April 22, from 2:30 PM to 3:15 PM (Room 209ABC), titled Powering Gigascale AI: How Advanced Batteries Stabilize Extreme Training Loads.

The session will bring together shared industry perspectives from Aaron Schott, UPS Sales Manager at Ampace, and Jon Hymel, Product Manager at Eaton, two professionals working closely with hyperscale, colocation, enterprise, and mission-critical customers navigating the next wave of AI infrastructure growth.

Together, the speakers will explore how established UPS architectures and advanced lithium battery systems are increasingly working in tandem to meet the operational realities of AI data centers. The discussion will examine how battery technologies can support real-time load balancing, improve reliability, and help operators prepare for the transition from megawatt-scale campuses to gigawatt-scale compute ecosystems.

Their joint appearance reflects a growing alignment across the power infrastructure ecosystem: scalable AI requires not only more electricity, but smarter coordination between UPS systems, energy storage, and facility operations. As data centers evolve, battery-enabled continuity is becoming a shared priority across technology providers, operators, and infrastructure partners.

Built for demanding AI applications, Ampace’s platform is engineered to respond rapidly during ramp-up and ramp-down events, while maintaining stable operation under continuous partial-load cycling. Its semi-solid cell technology further enhances intrinsic safety by reducing leakage risk and lowering thermal runaway gas generation, while cabinet-level validation under UL 9540A standards reinforces readiness for mission-critical deployments.

At Ampace’s booth, visitors have been exploring how advanced battery systems can help reduce infrastructure oversizing, relieve pressure on grid connections, and improve continuity in facilities originally designed for steady-state demand. The strong response reflects a broader market shift: batteries are no longer viewed only as standby assets, but as active components of modern AI power architecture.

Visit Booth 206 to meet the Ampace team, experience the PU Series on site, and join in-depth discussions on how advanced battery solutions are helping build a more resilient, scalable, and efficient AI infrastructure. On-site specialists are available throughout the show for live demonstrations, technical briefings, and media inquiries.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ampace-spotlights-ai-ready-battery-solutions-for-gigascale-infrastructure-at-dcw-washington-2026-302749593.html

SOURCE Ampace

LOS ANGELES, April 21, 2026 /PRNewswire/ — Plastic Pollution Coalition (PPC) today released a special report that aims to help educate and guide people toward using nontoxic substitutes for plastic that safeguard ecosystems and human health throughout their entire life cycle, from feedstock to end of life. It explores biobased and regenerative materials; discusses a holistic framework for material evaluation; showcases a few of the most promising biobased feedstocks for global scalability; and calls for a level playing field for regenerative material markets to compete with petroleum-based synthetics.

The report, “MATERIAL SHIFT: A Primer on Regenerative Alternatives to Plastic,” highlights four categories of regenerative materials that are promising replacements for conventional fossil fuel–based plastics: agricultural residues and byproducts, hemp and other bast fibers, mycelium, and seaweed. It concludes with a link to a landing page of innovators using these biomass feedstocks to create and scale next-generation materials to replace plastic.

Download the Report

MATERIAL SHIFT outlines how the effectiveness of these plastic substitutes depends on a variety of factors, some of which are frequently overlooked in Life Cycle Analyses (LCAs), such as feedstock sourcing and comprehensive end-of-life scenarios. The report emphasizes “regeneration,” or the concept of systems capable of sustaining themselves while enhancing the health of their surrounding environments, as a key principle of a circular economy and a critical tool to curbing global plastic pollution.

The report highlights regenerative materials that help transition away from the current linear, “take–make–waste” economy toward a more circular system—one that extends the useful life of the products people use.

Key takeaways:

• As single-use plastic packaging is responsible for roughly 40% of global plastic pollution, and 99% of single-use plastic packaging is made from fossil fuels, the demand for biobased packaging products is increasing rapidly to not only mitigate pollution, but to reduce global dependence on gas and oil.
   
• In the transition away from single-use plastic packaging, non-toxic reuse and refill systems must serve as the foundation; however, in applications where such systems are not possible, regenerative materials could fill the need.
   
• True regenerative materials must be biobased, sustainably sourced, and fully biodegradable in natural environments (including home compost and marine conditions) to ensure a net positive impact on ecosystems.
   
• It is critical to assess materials from a holistic, systems view that considers human and ecological health throughout the full life cycle and ensures transparency, ethical production, and the safe return of materials to natural cycles.
   
• Every material has pros and cons; developed incorrectly, some could yield unintended health, environmental, and social impacts, yet be marketed as “sustainable” simply because they are derived from nature.
   
• Systemic economic and political factors keep petroleum-based plastics artificially “cheap” and abundant. Leveling the playing field is essential for regenerative materials to compete at scale and help end global plastic pollution.

“All synthetic materials (plastic from fossil fuels) become pollution, even if they are recovered and recycled. Where durable materials for reuse are not possible, biobased materials are a vital tool in our collective effort to reduce our reliance on plastic and mitigate further harm to human health and our environment. Nature-based solutions exist today, and are already replacing plastic in a wide range of applications, despite lopsided rules that externalize the cost of plastic onto society—making it artificially ‘cheap.’ This report brings these considerations into view and uses a holistic material evaluation framework to rethink how we design materials from the start.”
— Aidan Maguire, Business Partnerships Manager, Plastic Pollution Coalition

“Regenerative materials support the needed transition from our current wasteful and toxic fossil fuel and plastics-based society to the nontoxic plastic-free future centered around refill and reuse. As this new report shows, it is crucial to consider the full life cycle and range of impacts of the materials and products used, from raw material production through manufacturing, use, and disposal.”
— Dianna Cohen, Co-Founder and Chief Visioning Officer, Plastic Pollution Coalition

PRESS CONTACT:
Plastic Pollution Coalition
Erica Cirino, Communications Manager
Press@plasticpollutioncoalition.org
+1(323) 936-3010 x1

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-report-shows-how-regenerative-material-solutions-can-help-end-plastic-pollution-302749519.html

SOURCE Plastic Pollution Coalition

LOS ANGELES, April 21, 2026 /PRNewswire/ — Plastic Pollution Coalition (PPC) today released a special report that aims to help educate and guide people toward using nontoxic substitutes for plastic that safeguard ecosystems and human health throughout their entire life cycle, from feedstock to end of life. It explores biobased and regenerative materials; discusses a holistic framework for material evaluation; showcases a few of the most promising biobased feedstocks for global scalability; and calls for a level playing field for regenerative material markets to compete with petroleum-based synthetics.

The report, “MATERIAL SHIFT: A Primer on Regenerative Alternatives to Plastic,” highlights four categories of regenerative materials that are promising replacements for conventional fossil fuel–based plastics: agricultural residues and byproducts, hemp and other bast fibers, mycelium, and seaweed. It concludes with a link to a landing page of innovators using these biomass feedstocks to create and scale next-generation materials to replace plastic.

Download the Report

MATERIAL SHIFT outlines how the effectiveness of these plastic substitutes depends on a variety of factors, some of which are frequently overlooked in Life Cycle Analyses (LCAs), such as feedstock sourcing and comprehensive end-of-life scenarios. The report emphasizes “regeneration,” or the concept of systems capable of sustaining themselves while enhancing the health of their surrounding environments, as a key principle of a circular economy and a critical tool to curbing global plastic pollution.

The report highlights regenerative materials that help transition away from the current linear, “take–make–waste” economy toward a more circular system—one that extends the useful life of the products people use.

Key takeaways:

• As single-use plastic packaging is responsible for roughly 40% of global plastic pollution, and 99% of single-use plastic packaging is made from fossil fuels, the demand for biobased packaging products is increasing rapidly to not only mitigate pollution, but to reduce global dependence on gas and oil.
   
• In the transition away from single-use plastic packaging, non-toxic reuse and refill systems must serve as the foundation; however, in applications where such systems are not possible, regenerative materials could fill the need.
   
• True regenerative materials must be biobased, sustainably sourced, and fully biodegradable in natural environments (including home compost and marine conditions) to ensure a net positive impact on ecosystems.
   
• It is critical to assess materials from a holistic, systems view that considers human and ecological health throughout the full life cycle and ensures transparency, ethical production, and the safe return of materials to natural cycles.
   
• Every material has pros and cons; developed incorrectly, some could yield unintended health, environmental, and social impacts, yet be marketed as “sustainable” simply because they are derived from nature.
   
• Systemic economic and political factors keep petroleum-based plastics artificially “cheap” and abundant. Leveling the playing field is essential for regenerative materials to compete at scale and help end global plastic pollution.

“All synthetic materials (plastic from fossil fuels) become pollution, even if they are recovered and recycled. Where durable materials for reuse are not possible, biobased materials are a vital tool in our collective effort to reduce our reliance on plastic and mitigate further harm to human health and our environment. Nature-based solutions exist today, and are already replacing plastic in a wide range of applications, despite lopsided rules that externalize the cost of plastic onto society—making it artificially ‘cheap.’ This report brings these considerations into view and uses a holistic material evaluation framework to rethink how we design materials from the start.”
— Aidan Maguire, Business Partnerships Manager, Plastic Pollution Coalition

“Regenerative materials support the needed transition from our current wasteful and toxic fossil fuel and plastics-based society to the nontoxic plastic-free future centered around refill and reuse. As this new report shows, it is crucial to consider the full life cycle and range of impacts of the materials and products used, from raw material production through manufacturing, use, and disposal.”
— Dianna Cohen, Co-Founder and Chief Visioning Officer, Plastic Pollution Coalition

PRESS CONTACT:
Plastic Pollution Coalition
Erica Cirino, Communications Manager
Press@plasticpollutioncoalition.org
+1(323) 936-3010 x1

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-report-shows-how-regenerative-material-solutions-can-help-end-plastic-pollution-302749519.html

SOURCE Plastic Pollution Coalition

DALLAS, April 21, 2026 /PRNewswire/ — Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ (“Fermi” or the “Company”), subsequent to the Company’s announcement of Fermi 2.0 on April 20, 2026, has received significant and positive feedback from multiple potential tenants, the Company’s landlord, the Texas Tech University System, as well as suppliers, vendors, contractors, financing sources, and other partners. The Company is gratified by that feedback and is pursuing Fermi 2.0’s business and leadership objectives with all deliberate speed.

The Company also acknowledges receipt of a letter from Mr. Toby Neugebauer, and has reviewed a press release issued by him, calling for the initiation of a process for the immediate sale of the Company. As Mr. Neugebauer indicated in his press release, he was removed from his position on April, 17, 2026,  after careful consideration by the Company’s Board of Directors in accordance with its fiduciary duties. Given recent changes in leadership, which position the Company for its next chapter of growth and evolution from a startup to a scaled enterprise, the Company firmly believes a sale is not in the best interest of its continued momentum on Project Matador, ability to serve potential tenants and long-term value creation for shareholders. The Board, consistent with its fiduciary duties, will carefully review all avenues to maximize shareholder value, which include continued execution of its business plan, strategic investments from third parties, joint ventures or other transactions.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

Additional Information and Where to Find It

If the Company determines to hold a special meeting of shareholders, the Company will file a proxy statement on Schedule 14A, an accompanying white proxy card and other relevant documents with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies from the Company’s shareholders for such meeting. SHAREHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), IF ANY, AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and shareholders may obtain a copy of any definitive proxy statement of the Company, an accompanying white proxy card, any amendments or supplements thereto and other documents filed by the Company with the SEC if and when they become available at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge in the “SEC Filings” subsection of the Company’s Investor Relations website at https://fermiamerica.com/ or by contacting the Company’s Investor Relations Department at IR@fermiamerica.com, as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

Participants in the Solicitation

If the Company determines to hold a special meeting of shareholders, the Company, its directors and certain of its executive officers may be deemed participants in the solicitation of proxies from the Company’s shareholders in connection with matters to be considered at such special meeting of shareholders. Information regarding the direct and indirect interests, by security holdings or otherwise, of the Company’s directors and executive officers is included in the Company’s final prospectus, filed with the SEC on October 1, 2025, the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 30, 2026, and in the Company’s Current Reports on Form 8-K filed with the SEC from time to time. Changes to the direct or indirect interests of the Company’s directors and executive officers are set forth in SEC filings on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4. These documents are available free of charge as described above. Updated information regarding the identities of potential participants and their direct or indirect interests, by security holdings or otherwise, in the Company will be set forth in the definitive proxy statement for the Company’s special meeting of shareholders and other relevant documents to be filed with the SEC, if and when they become available.

Forward-Looking Statements

Statements contained in this press release which are not historical facts, such as those relating to future events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Fermi undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Investors should consult further disclosures and risk factors included in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, the Registration Statement on Form S-8 and other documents filed from time to time with the SEC by Fermi.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/fermi-provides-business-update-302749474.html

SOURCE Fermi Inc.