EQS-News: ANDRITZ enters partnership with HydrogenPro for green hydrogen

EQS-News: Andritz AG / Key word(s): Investment
   ANDRITZ enters partnership with HydrogenPro for green hydrogen

   19.04.2023 / 07:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   GRAZ, APRIL 19, 2023. International technology group ANDRITZ and
   HydrogenPro, a leader in green hydrogen technology and systems, have
   entered into a partnership to collaborate on scaling up manufacturing and
   assembly of electrolyzers for the European market.

   The collaboration will bring together HydrogenPro’s expertise in
   high-pressure alkaline electrolyzer (AEL) technology with ANDRITZ’s
   competence in manufacturing and assembly. This non-exclusive partnership
   will allow ANDRITZ to include HydrogenPro’s technology in its EPC offering
   of green hydrogen solutions. HydrogenPro, as a fast-growing global green
   hydrogen technology company, will be able to speed up its technology
   offering to the European market.

   Sami Pelkonen, Executive Vice President Green Hydrogen at ANDRITZ GROUP,
   states: “ANDRITZ aims to become a leading global provider of complete
   green hydrogen plants and solutions based on different electrolysis
   technologies. We look forward to working with HydrogenPro to contribute to
   the increase in electrolysis capacities needed to support the emerging
   green hydrogen economy in Europe. Our expertise in plant engineering and
   turnkey projects will help us to successfully execute complete projects
   for our customers.”

   Tarjei Johansen, CEO of HydrogenPro, adds: “This strategic partnership
   unlocks a significant potential as it combines our pioneering electrolyzer
   design and expertise in underlying technologies with ANDRITZ’s operational
   excellence and experience as an EPC supplier. It is also an important step
   for HydrogenPro towards reaching our target of providing more than 5 GW of
   electrolysis capacity in five years. We look forward to building on this
   partnership.”

   – End –

   PRESS RELEASE AND PHOTO AVAILABLE FOR DOWNLOAD
   Press release and photo are available for download at [1]andritz.com/news.
   The photo may be published free of charge if the source is stated: “Photo:
   ANDRITZ”.

   FOR FURTHER INFORMATION, PLEASE CONTACT
   Susan Trast
   Vice President Group Communications and Marketing
   [2][email protected]
   [3]andritz.com

   ANDRITZ GROUP
   International technology group ANDRITZ offers a broad portfolio of
   innovative plants, equipment, systems, services and digital solutions for
   a wide range of industries and end markets. Sustainability is an integral
   part of the company’s business strategy and corporate culture. With its
   extensive portfolio of sustainable products and solutions, ANDRITZ aims to
   make the greatest possible contribution to a sustainable future and help
   its customers achieve their sustainability goals. ANDRITZ is a global
   market leader in all four of its business areas – Pulp & Paper, Metals,
   Hydro and Separation. Technological leadership and global presence are
   cornerstones of the group’s strategy, which is focused on long-term
   profitable growth. The publicly listed group has around 29,100 employees
   and over 280 locations in more than 40 countries.

   HYDROGENPRO
   HydrogenPro is a technology company and an OEM for high pressure alkaline
   electrolyzers and supplies large scale green hydrogen plants, all ISO
   9001, ISO 45001 and ISO 14001 certified. The Company was founded in 2013
   by individuals with background from the electrolysis industry which was
   established in Telemark, Norway by Norsk Hydro in 1927. We are an
   experienced engineering team of leading industry experts, drawing upon
   unparalleled experience and expertise in the hydrogen and renewable energy
   industry.

    

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   19.04.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     Andritz AG
                Stattegger Straße 18
                8045 Graz
                Austria
   Phone:       +43 (0)316 6902-0
   Fax:         +43 (0)316 6902-415
   E-mail:      [email protected]
   Internet:    www.andritz.com
   ISIN:        AT0000730007
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 1610935


    
   End of News EQS News Service


   1610935  19.04.2023 CET/CEST

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