Brief: Plastic Omnium and ElringKlinger form new venture called EKPO Fuel Cell Technologies

ElringKlinger AG

28/10/2020 20:54

Oct 28 (Reuters) - Burelle SA  BULY.PA :
    * PLASTIC OMNIUM AND ELRINGKLINGER PARTNER IN FUEL CELL
TECHNOLOGY
TO ACCELERATE THE DEVELOPMENT OF HYDROGEN MOBILITY
    * PLASTIC OMNIUM AND ELRINGKLINGER: CREATION OF EKPO FUEL
CELL
TECHNOLOGIES, A LEADING JOINT VENTURE FOR DEVELOPMENT AND MASS
PRODUCTION OF FUEL CELL STACKS FOR CO2-NEUTRAL MOBILITY
    * ELRINGKLINGER WILL CONTRIBUTE ITS FUEL CELL BUSINESS AND
KNOW-HOW AND PLASTIC OMNIUM WILL BRING ADDITIONAL DEVELOPMENT
CAPACITY TO ACCELERATE GROWTH
    * • ELRINGKLINGER WILL HOLD 60%, PLASTIC OMNIUM 40% OF THE
NEW
COMPANY
    * PLASTIC OMNIUM ACQUIRES ELRINGKLINGER’S AUSTRIAN
SUBSIDIARY,
SPECIALIZED IN INTEGRATED HYDROGEN SYSTEMS, TO COMPLEMENT ITS
GLOBAL HYDROGEN STRATEGY
    * PLASTIC OMNIUM ACQUIRES ELRINGKLINGER’S AUSTRIAN
SUBSIDIARY,
SPECIALIZED IN INTEGRATED HYDROGEN SYSTEMS, TO COMPLEMENT ITS
GLOBAL HYDROGEN STRATEGY

Source text for Eikon:  ID: 
Further company coverage:  BULY.PA 

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))