Japanese manufacturer of synthetic rubber Zeon Corporation, through its venture capital arm Zeon Ventures Inc, says it has invested US$50 million in Verdagy, a US start-up that has developed scalable, cost effective green hydrogen electrolysis technology. In addition, Zeon plans…
Tag: hydrogen
Wacker expands hydrogen chloride facility in Germany
German silicones manufacturer Wacker Chemie AG has recently finished expanding its production of hyperpure hydrogen chloride at its Burghausen site in Germany. The facility which was commissioned in mid-July significantly increased overall production. Buyers for the newly added production volumes…
Continental opens hydrogen tech centre in Hamburg
German firm Continental has opened a new TechCenter for hydrogen technologies at its site in Hamburg-Harburg, Germany. In the future, the ContiTech group sector will use the TechCenter as a collaborative platform for knowledge exchange in this area. Innovations and…
Monolith raises US$300 mn for hydrogen and carbon black technology
Monolith, a global leader in clean hydrogen, carbon black and ammonia, has obtained an investment round of more than US$300 million. Led by TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform TPG Rise, with Decarbonization…