John Cockerill Expands Hydrogen Portfolio with McPhy Acquisition
Key Ideas
  • John Cockerill Hydrogen secures assets from McPhy, saving Belfort Gigafactory and 50 jobs, advancing next-gen electrolyser development.
  • Strategic acquisition aims to enhance electrolysers by 10–15%, vital for decarbonizing heavy industry and supporting long-term energy transition.
  • Positive reactions from regional senators, mayors, and CEO highlight the importance of the acquisition for local and national hydrogen sectors.
  • The move strengthens John Cockerill's presence in France, with a focus on hydrogen activities, while also maintaining operations in Belgium.
In a significant development for the hydrogen industry, John Cockerill Hydrogen has successfully acquired key assets from McPhy, including the Belfort site, technologies, and intellectual property. This acquisition secures the operations of the Belfort Gigafactory, protecting approximately 50 jobs in France and promoting the advancement of next-generation electrolysers. The integration of McPhy's expertise aims to accelerate the development of future electrolyser technologies, offering a competitive advantage over current models. The move reflects a broader trend of industrial consolidation in the energy transition sector, signaling the maturity of the electrolysis industry. Local stakeholders, including the CEO of John Cockerill Hydrogen, regional senators, and the Mayor of Belfort, have expressed optimistic views on the acquisition, emphasizing its strategic importance for the French hydrogen sector. The acquisition is expected to contribute to the decarbonization of heavy industry and support the long-term energy transition. Furthermore, the expansion of John Cockerill's industrial footprint in France, particularly in hydrogen activities, highlights its commitment to driving innovation and sustainability in the sector.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.