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    CIMC Enric and Hexagon Purus establish hydrogen JVs, localizing world-class Type 4 hydrogen cylinders in China

    Date: 05-Mar-2021

    CIMC Enric Holdings Limited, announced that CIMC Hydrogen Energy, a wholly-owned subsidiary of the Company, has entered into Joint Venture (JV) agreements with Hexagon Purus HK to serve the fast-growing demand of the Chinese market for safe, lightweight and cost-efficient compressed Hydrogen storage solutions. The strategic cooperation will support the transition to zero emission transportation also in Southeast Asia. The Parties intend to jointly establish facilities for manufacturing of cylinders and assembly of systems to serve the Chinese and Southeast Asian markets.


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