NAC International Inc. has completed its acquisition of Philotechnics Ltd., a health physics, radiological services, and waste management company headquartered in Oak Ridge, Tenn., with a satellite facility in San Diego, Calif. The company, now under NAC International ownership, has been renamed NAC Philotechnics Ltd.

The U.K. government last week announced the release of its UK Hydrogen Strategy, predicting thousands of jobs and billions of pounds in investment and export opportunities over the coming decades via the creation of a low-carbon hydrogen sector in Britain.

A flourishing, U.K.-wide hydrogen economy could be worth £900 million (about $1.2 billion) and create over 9,000 high-quality jobs by 2030, according to the government, potentially rising to 100,000 jobs and worth up to £13 billion (about $18 billion) by 2050.