Brief: Plastic Omnium SE Launches Fuel Cell JV With ElringKlinger

ElringKlinger AG

01/03/2021 13:06

March 1 (Reuters) - Plastic Omnium  PLOF.PA :
    * LAUNCHES JV NAMED EKPO FUEL CELL TECHNOLOGIES
    * NEW JV BETWEEN CO AND ELRINGKLINGER TO SUPPLY FUEL CELLS
FOR
WIDE ARRAY OF APPLICATIONS
    * JV: INITIAL PRODUCTION CAPACITY OF 10,000 UNITS PER YEAR
ALREADY
AVAILABLE
    * ACQUIRES ELRINGKLINGER SUBSIDIARY SPECIALIZING IN
INTEGRATED
HYDROGEN SYSTEMS TO COMPLEMENT ITS OVERALL HYDROGEN STRATEGY
    * PLASTIC OMNIUM ALSO ACQUIRES ELRINGKLINGER'S SUBSIDIARY
SPECIALIZING IN INTEGRATED HYDROGEN SYSTEMS
    * EKPO FUEL CELL TECHNOLOGIES: SEES FUEL CELLS MARKET SHARE
OF 10%
TO 15% IN 2030

Source text: https://bit.ly/3e0d8CS
Further company coverage:  PLOF.PA 

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