NEXTCHEM (MAIRE) TO COMBINE ITS PROPRIETARY GREEN AMMONIA TECHNOLOGY WITH VALLOUREC'S HYDROGEN STORAGE SYSTEM TO OFFER AN INTEGRATED SOLUTION FOR "POWER-TO-X" PROJECTS [Yahoo! Finance]
VALLOUREC SA SP/ADR (VLOWY)
NASDAQ:AMEX Investor Relations:
vallourec.com/en/group/finance/investor_relations/pages/default.aspx
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Source: Yahoo! Finance
NEXTCHEM's small-scale green ammonia production technology with Vallourec's hydrogen storage system MILAN April 4, 2024 /PRNewswire/ -- MAIRE announces that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary NextChem Tech , and Vallourec, a world leader in premium tubular solutions for the energy markets, agreed to cooperate on the integration of NEXTCHEM's proprietary green ammonia technology with Vallourec's Delphy hydrogen storage technology and its subsequent commercialization. The two partners will study how to combine the Delphy storage solution in the "Power-to-X" and green hydrogen projects where NEXTCHEM is involved as technology provider worldwide. The partnership will focus on the synergies between NEXTCHEM's proprietary green ammonia production technologies and Vallourec's high-capacity hydrogen storage system. NEXTCHEM's green ammonia technology is able to produce carbon-free ammonia using renewable energy, moving away from traditional fossil fuel-b
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