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Studsvik and ReNu Industries partner to bring inDRUM waste treatment technology to Fukushima

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Studsvik AB and ReNu Industries Inc. will adapt Studsvik’s inDRUM technology for radioactive waste treatment to Japanese conditions, with the aim of building a pilot plant in Fukushima. Studsvik’s Japanese subsidiary, Studsvik Japan, Ltd., and ReNu signed an agreement on technical advisory services at Studsvik’s headquarters in Nyköping on 21 October 2026.

NYKÖPING, Sweden, Oct. 23, 2026 /PRNewswire/ — Under the agreement, Studsvik will provide ReNu with technical information and advice on design conditions for a Japanese version of inDRUM. ReNu will design a pilot plant adapted to Japan’s seismic and regulatory requirements and to the characteristics of the waste to be treated.

The partnership is the first step in the model Studsvik has chosen for taking inDRUM to international markets. Studsvik will build and operate its own inDRUM facilities in Sweden, while abroad it will license the technology and work with local partners that design, build and operate the plants.

inDRUM, developed and patented by Studsvik, treats radioactive waste inside sealed drums. Each drum is placed in a treatment unit and heated under a nitrogen blanket, which removes free liquids, breaks down organic material and leaves a stable residue suitable for long-term storage and disposal. Because the drums are neither opened nor sorted, worker exposure and manual handling are minimised. For spent ion-exchange resins and similar wastes, volume can be reduced by up to 90 per cent. Studsvik operates a full-scale inDRUM demonstration facility in Nyköping and is advancing the adoption of inDRUM for the treatment of radioactive waste from the European Spallation Source (ESS) in Lund.

Decommissioning of the Fukushima Daiichi Nuclear Power Plant is expected to take 30–40 years, and the decommissioning of other nuclear power plants in Japan is gathering pace. At the same time, Japan is restarting reactors shut down after 2011, which increases the need for waste treatment and for other services Studsvik provides. Reducing and stabilising the volume of radioactive waste is a long-term challenge in this work.

ReNu has been awarded up to JPY 700 million (approximately USD 4.4 million) under the Subsidy for Projects Promoting Practical Development for Regional Reconstruction, implemented by Fukushima Prefecture under the Japanese Government’s Fukushima reconstruction initiative, to develop a radioactive waste treatment pilot plant in Fukushima. ReNu aims to establish the basic design conditions for the Japanese version of inDRUM during fiscal year 2026, which ends in March 2027, and, subject to the necessary agreements, to complete the pilot plant in fiscal year 2028.

Building on the Fukushima project, Studsvik and ReNu will explore deploying inDRUM elsewhere in Japan and in Asia, as well as broader cooperation in nuclear engineering, including fusion.

“Fukushima will need radioactive waste treatment for decades. ReNu is based in Okuma, the town that hosts the plant, and brings the local knowledge needed to adapt inDRUM to Japanese conditions. Fukushima is our starting point in Japan and in Asia,” says Karl Thedéen, President and CEO, Studsvik.

“Studsvik Japan will coordinate the Studsvik Group’s experts and support ReNu as it develops the Japanese version of inDRUM,” says Masatoshi Yamasaki, President and Representative Director, Studsvik Japan.

“Decommissioning Fukushima requires technology proven around the world, re-engineered to fit Japan’s regulations and site conditions and implemented with local hands. Through our technical collaboration with Studsvik, ReNu will adapt inDRUM to Japanese regulatory and site requirements. We intend to build on our experience in Fukushima to pursue opportunities elsewhere in Japan and overseas,” says Ryohei Takahashi, CEO, ReNu Industries Inc.

The agreement is not expected to have a financial impact of such materiality that it significantly affects Studsvik Group’s results during 2026–2027.

For more information, please contact:

Studsvik AB, Media Relations: media.relations@studsvik.com 

ReNu Industries Inc., Public Relations: info@renu-industries.com 

About Studsvik

Studsvik is an independent nuclear technology company active across the full nuclear lifecycle, from new build development to existing fleet services, operations support and decommissioning. It is a leading supplier of vendor-independent reactor analysis software, and its hot cell laboratories in Nyköping test fuel and materials for fission and fusion applications worldwide. Studsvik also provides radiation protection services and technology for treating radioactive waste, and handles and packages radioisotopes for healthcare and industry. ReFirm is Studsvik’s platform for new nuclear development in Sweden. Founded in 1947 as the centre of Sweden’s national nuclear programme, Studsvik today serves operators, fuel vendors, technology developers and regulators in more than 20 countries, has approximately 540 employees in six countries, and is listed on Nasdaq Stockholm (SVIK).

www.studsvik.com  https://www.linkedin.com/company/studsvik/

About ReNu Industries

ReNu Industries Inc. is a nuclear engineering start-up founded in December 2025 and headquartered in Okuma Town, Futaba District, Fukushima Prefecture, Japan. Through the business succession of local nuclear suppliers and the introduction of advanced technologies from overseas partners and universities, ReNu works to rebuild the nuclear supply chain and accelerate decommissioning. ReNu has raised seed funding from leading Japanese venture capital firms including Spiral Capital, Miraisozo Investments, Mitsubishi UFJ Capital, Fukui Capital Partners and Joyo Capital Partners.

Media Relations
media.relations@studsvik.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/studsvik-ab/r/studsvik-and-renu-industries-partner-to-bring-indrum-waste-treatment-technology-to-fukushima,c4413974

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https://mb.cision.com/Public/4019/4413974/85e3330f75e328d9.pdf

Press Release Studsvik and ReNu Industries partner to bring inDRUM waste treatment technology to Fukushima October 2026

https://news.cision.com/studsvik-ab/i/renu-studsvik,c3575245

ReNu Studsvik

View original content:https://www.prnewswire.com/apac/news-releases/studsvik-and-renu-industries-partner-to-bring-indrum-waste-treatment-technology-to-fukushima-302917858.html

SOURCE Studsvik AB

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/howard-hughes-holdings-set-to-join-sp-smallcap-600-302918511.html

SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/chelsea-fc-announces-multi-year-sleeve-partnership-with-sokin-the-business-payments-and-fx-platform-302918466.html

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