Technological partnership with Plastic Omnium
• A technological partnership focused, in particular, on filling protocols and interfaces between hydrogen stations and high-pressure tanks, in order to optimize the performance of this equipment
• A collaboration based on a sector logic to pool expertise, develop an industrialized and standardized approach and increase the competitiveness of hydrogen mobility
La Motte-Fanjas, May 6, 2021 – 07:30 am CEST – McPhy (Euronext Paris Compartiment C: MCPHY, FR0011742329), specialized in zero-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), announces having signed a technological partnership with Plastic Omnium, notably with the aim of collaborating on filling protocols and interfaces between hydrogen stations and high-pressure tanks. By pooling certain key areas of expertise and cooperating on a sector-wide basis, the two groups intend to improve the performance and compatibility of this equipment, which is a key factor in the security and reliability of safe and rapid refueling, in line with market standards. The progress made will accelerate the industrialization of decarbonized hydrogen in transport and enable a successful transformation towards sustainable mobility.
Laurent Carme, CEO of McPhy, comments: “This partnership with Plastic Omnium, with whom we share the same technological and industrial challenges, is an example of cooperation that McPhy intends to implement in order to cross-fertilize its expertise with other major stakeholders in the hydrogen sector, in a true sector logic. It allows us to accelerate the development of hydrogen stations, to prepare an industrialized, market-scaled and competitive offer.”
Laurent Favre, CEO of Plastic Omnium, adds: “Sustainable mobility challenges require an agile and open approach. This partnership with McPhy ties in perfectly with Plastic Omnium’s strategy to develop its expertise in this sector in order to extend its technological and industrial lead in the rapidly growing hydrogen market.”
Technological cooperations and cross fertilization of offers
The cooperation between McPhy and Plastic Omnium should materialize by a research and development component, by trainings in the two groups technologies, but also by potential commercial partnerships, in an approach open, in particular, to other companies. Furthermore, McPhy and Plastic Omnium plan to promote hydrogen to mobility stakeholders through a support and consulting approach, prior to their needs and their hydrogen projects.
Upcoming of financial communication events
• Annual General Meeting, June 17, 2021
• Publication of half-yearly results on July 27, 2021, after market close
In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world.
Thanks to its wide range of products and services dedicated to the industrial, mobility and energy markets, McPhy provides turnkey solutions to its clients adapted to their applications in industrial raw material supply, fuel cell electric car refueling or renewable energy surplus storage and valorization.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).
The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.
McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).