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Stock impact report

Luxfer Gas Cylinders Awarded Grant from Alberta Innovates for Innovative 700 Bar Type 4 Hydrogen Cylinder Development

Luxfer Holdings PLC Ordinary Shares (LXFR) 
Last luxfer holdings plc ordinary shares earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: luxfer.com/investors
Company Research Source: Business Wire
RIVERSIDE, Calif.--(BUSINESS WIRE)--Luxfer Gas Cylinders, a division of Luxfer Holdings PLC (NYSE: LXFR), a global industrial company innovating niche applications in materials engineering, today announced it has been awarded a clean technology grant from Alberta Innovates Hydrogen Centre of Excellence to support the development of a new Type 4 700 bar hydrogen cylinder.Luxfer will use the Alberta Innovates grant to develop a polymer-lined high pressure hydrogen cylinder that reduces the number of components and amount of time to manufacture while also having the capability of storing gaseous pressure up to 700 bar (10,000 psi). The development work will take place in Luxfer’s Calgary, Alberta, facility.This next-generation Type 4 hydrogen cylinder will play a crucial role in growth markets requiring lightweight, high-volume hydrogen storage solutions such as fuel cell transit buses, heavy-duty trucks, vans, bulk gas transport, boats, and trains.Howard Mead, Vice President and Gen Show less Read more
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