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  • Home News Plastic Omnium Launches Construction of its Hydrogen Mega-Plant in China

    Plastic Omnium Launches Construction of its Hydrogen Mega-Plant in China

    BY Composights

    Published: 26 Jan 2024

    Tags:

    Investment | Partnership |

    Plastic Omnium, through its PO-Rein1 joint venture, is launching the construction of its high-pressure hydrogen vessels mega-plant in Jiading, Shanghai. Scheduled to be operational in 2026, the new plant will produce annually up to 60,000 hydrogen vessels and high-pressure hydrogen storage systems for the Chinese commercial vehicle market.

    This future 28,000-square-meters mega-plant will be located in Jiading Hydrogen Park, one of the country's main hydrogen development hubs. It will complement Plastic Omnium's production capacities in Shanghai, where the Group already has its first hydrogen vessels production plant, operational since 2024. This PO-Rein joint venture enables both partners to take full advantage of Plastic Omnium's technological leadership in the field of high-pressure hydrogen storage and to benefit from Rein's industrial footprint in the production of hydrogen transport and storage systems dedicated to the Chinese market. Laurent Favre, Plastic Omnium's Chief Executive Officer: "This new plant is the concrete expression of our PO-Rein joint venture's ambitions in the Chinese hydrogen mobility market. It gives us the production capacity we need to seize every opportunity and become one of the big winners in the transformation of mobility in the country. At the same time, we are accelerating the development of the entire hydrogen value chain and contributing to China's carbon neutrality roadmap". Ni Bin, President of Shenergy Group: “We expect that PO-Rein will seize the opportunities, actively push forward with the construction of the plant, and ensure that advanced hydrogen storage products can be brought to market as soon as possible. This will not only add new momentum to the company's development but also make a fresh contribution to the growth of the hydrogen energy industry. It will support the construction of Shanghai as a demonstration city for hydrogen energy and set an example for Sino-French commercial and cultural exchanges." Plastic Omnium expands its expertise, product portfolio and industrial footprint to reach sales of €3 billion in hydrogen by 2030.

     

    Source : Plastic Omnium

    Home News Plastic Omnium Launches Construction of its Hydrogen Mega-Plant in China

    Plastic Omnium Launches Construction of its Hydrogen Mega-Plant in China

    BY Composights

    Published: 26 Jan 2024

    Plastic Omnium, through its PO-Rein1 joint venture, is launching the construction of its high-pressure hydrogen vessels mega-plant in Jiading, Shanghai. Scheduled to be operational in 2026, the new plant will produce annually up to 60,000 hydrogen vessels and high-pressure hydrogen storage systems for the Chinese commercial vehicle market.

    This future 28,000-square-meters mega-plant will be located in Jiading Hydrogen Park, one of the country's main hydrogen development hubs. It will complement Plastic Omnium's production capacities in Shanghai, where the Group already has its first hydrogen vessels production plant, operational since 2024. This PO-Rein joint venture enables both partners to take full advantage of Plastic Omnium's technological leadership in the field of high-pressure hydrogen storage and to benefit from Rein's industrial footprint in the production of hydrogen transport and storage systems dedicated to the Chinese market. Laurent Favre, Plastic Omnium's Chief Executive Officer: "This new plant is the concrete expression of our PO-Rein joint venture's ambitions in the Chinese hydrogen mobility market. It gives us the production capacity we need to seize every opportunity and become one of the big winners in the transformation of mobility in the country. At the same time, we are accelerating the development of the entire hydrogen value chain and contributing to China's carbon neutrality roadmap". Ni Bin, President of Shenergy Group: “We expect that PO-Rein will seize the opportunities, actively push forward with the construction of the plant, and ensure that advanced hydrogen storage products can be brought to market as soon as possible. This will not only add new momentum to the company's development but also make a fresh contribution to the growth of the hydrogen energy industry. It will support the construction of Shanghai as a demonstration city for hydrogen energy and set an example for Sino-French commercial and cultural exchanges." Plastic Omnium expands its expertise, product portfolio and industrial footprint to reach sales of €3 billion in hydrogen by 2030.

     

    Source : Plastic Omnium