Hexagon Purus, through its wholly owned subsidiary Wystrach has received an order for H₂ distribution systems from a long-standing customer, a German industrial gas company. Wystrach’s H₂ transport systems with Hexagon Purus’ type 4 cylinders will be used to deliver H₂ for industrial applications in Germany. The value of the order is approximately €5.2 MM.

The industrial sector is accountable for close to 30% of annual carbon emissions globally, and H₂ has a significant role to play in reducing these emissions, particularly in hard to abate sectors. Making green H₂ available for use in industrial processes is critical to reduce carbon emissions.

As H₂, a key contributor to the energy transition, continues to build momentum globally, more than 30 countries have released H₂ roadmaps, over $70 B in government funding is committed to H₂ investments, more than 500 large-scale H₂ projects have been announced by the industry to date and green H₂ is projected to supply up to 25% of the world's energy needs by 2050.

“Our hydrogen distribution concept has become a standard across the industry through close cooperation with our customers,” said Matthias Kötter, Head of Sales Wystrach, Hexagon Purus. “We are proud to continue supporting the development of the hydrogen infrastructure in Germany.”

Delivery of the H₂ systems is scheduled from Q2 2023 to Q3 2023.