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HyGear and Hydrexia sign hydrogen supply agreement

Post Time:Oct 14,2015Classify:Company NewsView:254

Hydrexia, a global hydrogen supply company, and HyGear, supplier of industrial gases and on-site generation systems, today announced an agreement to supply low cost hydrogen in Europe.  

 

The hydrogen will be produced by HyGear’s Hy.GEN steam methane reforming (SMR) facilities located across Europe. The agreement between the two companies allows for development and supply of a complete hydrogen generation, storage and distribution system that brings a lower cost product to end customers.

“The partnership with Hydrexia is a great strategic step in our growth towards being the most cost-effective gas supply partner. Our on-site hydrogen and nitrogen supply, together with our gas recovery systems offer a competitive advantage for both the customer and HyGear”, says Marinus van Driel, CEO HyGear.

Hydrexia distribution trailers deliver the hydrogen to smaller customers situated around the Hy.GEN hub which would otherwise not be good candidates for onsite generation. Ground mounted, solid-state storage systems provide buffer and backup storage for the HyGen backup operations, at about half the CAPEX of traditional hydrogen tube trailers. They also provide reduced OPEX costs, operating at low pressure and being directly refilled by the onsite Hy.GEN system, eliminating the need for trucked in high pressure hydrogen to replenish backup storage.

As Hydrexia enters the European market, the partnership with HyGear is a clear first step to becoming a distributor of the lowest cost hydrogen in Europe.

“HyGear is showing confidence in Hydrexia’s technology in partnering with us to expand their business. With their Hy.GEN SMR and our storage and distribution systems, our end customers will be able to enjoy the lowest possible cost hydrogen supply system,” said Hydrexia CEO Erik Hansen.

About HyGear

HyGear supplies industrial gases using advanced energy- and cost saving technologies. Due to our flexible on-site generators combined with conventional gas supply, we are the most cost competitive and reliable gas supply partner for the glass- and metal industry. Lead product is the small scale Hydrogen Generation System (Hy.GEN) that produces hydrogen on-site. The system generates hydrogen from natural gas by using HyGear’s proprietary energy efficient Steam Methane Reforming technology. Besides standardised products for on-site generation of hydrogen, nitrogen and oxygen, HyGear offers tailored systems for the recycling of industrial gases.

About Hydrexia Pty Ltd

Hydrexia is a unique global hydrogen supply company that is disrupting the traditional supply chain. Hydrexia’s breakthrough products provide significant CAPEX and OPEX savings to merchant and energy customers and reduce the hydrogen storage and supply footprint by 75% over conventional gas storage and transportation methods. Hydrexia’s ground storage product provides backup hydrogen storage to on-site generation systems such as SMRs and electrolyzers, and energy storage linked to renewable energy generation. Hydrexia’s solid-state trailer provides a new and superior method for delivering hydrogen to merchant industrial markets, such as metals refining, food processing, pharmaceuticals, float glass production and power plants. For more information, please visitwww.hydrexia.com.

Source: www.hygear.nlAuthor: shangyi

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