Charbone Hydrogen Corporation Expands Portfolio with Supply Deals and Partnerships
Key Ideas
- Charbone Hydrogen Corporation expands its hydrogen portfolio by offering other industrial gases like helium through new supply deals with a US industrial gas business.
- The agreements allow Charbone to access hydrogen volumes and enhance logistics and transportation operations, providing new diversification opportunities.
- A partnership with ABB aims to develop up to 15 green hydrogen facilities across North America, starting with a 400kg capacity facility in Québec by June.
Canadian energy company Charbone Hydrogen Corporation is broadening its core hydrogen portfolio by venturing into offering other industrial gases, such as helium. The company has recently signed two supply deals with a prominent US industrial gas business, described as a top-tier player in the industry. These agreements grant Charbone access to specific volumes of hydrogen before its own production and enable the expansion of its logistics and transportation capacities to serve a wider clientele. The collaboration with the unnamed industrial gas player opens new avenues for diversification for Charbone. Additionally, the company has partnered with ABB to establish up to 15 green hydrogen facilities across North America in the next five years. The inaugural project will be located in Québec, Canada, with an initial capacity of 400kg of hydrogen daily in its first phase. This facility is set to commence operations by the end of June and will serve as a template for forthcoming projects, showcasing Charbone's commitment to advancing hydrogen technologies.