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DGAP-News: Hyzon Motors Inc. Hyzon Motors to collaborate with Transform Materials on renewable hydrogen production 19.01.2022 / ...
DGAP-News: Hyzon Motors Inc. Hyzon Motors to collaborate with Transform Materials on renewable hydrogen production 19.01.2022 / 14:30 The issuer is solely responsible for the content
19.01.2022 Hyzon Motors to collaborate with Transform Materials on renewable hydrogen production | Hyzon Motors Inc. | News | Nachricht | Mitteilung
st March) completed a $25m investment in Transform Materials for a 5% equity stake. Based in Florida, Transform Materials uses a highly selective, cost-effective, net-carbon-negative process converts the methane in natural gas into high-value products suitable for direct use or downstream reactions In addition to the investment, the companies have also inked a Memorandum of Understanding (MoU) to establish a commercial collaboration and equipment supply agreements, through which Chart with supply Transform projects. “We transform methane into acetylene and hydrogen, critical precursors for...
Chart invests $25m in Transform hydrogen technology st March) completed a $25m investment in Transform Materials for a 5% equity stake. Based in Florida, Transform Materials uses a highly selective, cost-effective, net-carbon-negative process converts the methane in natural gas into high-value products suitable for direct use or downstream reactions This acquisition is believed to contribute to Chart’s growing hydrogen interest. The company already offers several services to the hydrogen market and see this investment as a means to break further into the lucrative market. David Soane, Chai...