Post by Nobian

Together with Macquarie Asset Management, we announced today the sale of our interest in the Hydrogen Chemistry Company (HyCC) to Power2X, marking a decisive step in HyCC’s next phase of commercial growth. Under its new ownership, HyCC is well positioned to accelerate large-scale green hydrogen deployment for hard-to-abate sectors. Power2X brings strong expertise in green molecule projects and deep knowledge of the Dutch renewables market and will assume full operational and commercial responsibility for HyCC. This transition aligns with Nobian’s strategic focus. We will continue to produce and commercialize certified green hydrogen at our chlor-alkali plants in the Netherlands and Germany, while further leveraging our core competencies through innovations such as hydrogen storage in salt caverns and battery chemical production. As CEO Michael Koenig shared: “We are proud that we have been a pioneer in water electrolysis and of what HyCC has achieved to date. We are confident that Power2X is well positioned to further accelerate its growth.” A sincere thank you to all employees, partners, and stakeholders who shared our vision and helped guide HyCC to where it is today, since its founding in 2021.    Read more: https://lnkd.in/eSHkJ3DG   #hydrogen #industry #sustainability #GrowGreenerTogether