Environmental Clean Technologies raises cash to expand

A rights issue is underway in which industrial technology group Environmental Clean Technologies (ASX:ECT) is seeking to raise between $2.75 million and $7.45 million for expansion. The company is developing a number of technologies to upgrade low-grade materials such as brown coal as well as recover waste resources and turn them into new materials. Its…

WestStar buys Alltype Engineering to boost fabrication capabilities

Engineering and industrial services group WestStar Industrial (ASX: WSI) has extended its manufacturing capabilities with the purchase of Alltype Engineering in an all-scrip deal. No cash is changing hands. Alltype operates a 7,000 square metre fabrication shop (pictured) employing 120 at Naval Base, Western Australia and services customers in the Oil & Gas, Water, Power…