Hydrexia and CNCUI Form Strategic Alliance to Advance Hydrogen Applications in China
Key Ideas
  • Hydrexia Holding Limited and CNCUI have established a strategic alliance to promote hydrogen applications across various industries in China.
  • The alliance will focus on creating hydrogen applications utilizing magnesium-based solid-state and other technologies, covering purification, transport, storage, and end-use applications.
  • Both companies aim to leverage their technological and market strengths to expedite the development of the hydrogen industry in alignment with clean energy and decarbonization goals.
  • The collaboration is seen as a win-win scenario where Hydrexia's advanced technology solutions complement CNCUI's market resources, aiming to create a clean energy ecosystem and promote global hydrogen technology.
Hydrexia Holding Limited and China National Chemical Urban Investment Co. Ltd. (CNCUI) have announced a strategic alliance to jointly promote hydrogen applications in various industry sectors in China. This partnership aims to leverage advanced hydrogen technology solutions, particularly focusing on magnesium-based solid-state technologies, for applications such as purification, transport, storage, and end-use scenarios. By combining Hydrexia's expertise in hydrogen technology with CNCUI's market resources in chemical sectors, the alliance intends to create projects showcasing the potential of hydrogen across different industries. Both companies are enthusiastic about the collaboration, with Hydrexia's chairman and CEO, Alex Fang, emphasizing the alliance's role in expanding hydrogen applications and driving industry development. CNCUI's chairman, Jiang Zheng, also expressed satisfaction with the alliance, highlighting the alignment of Hydrexia's technology with their clean energy ecosystem goals. The strategic partnership reflects Hydrexia's commitment to promoting its hydrogen technology globally and marks a significant step towards advancing hydrogen applications in China's industrial landscape.
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