(IN BRIEF) NORMA Group reported strong profitability in Q2 2024, despite a challenging market environment, with adjusted EBIT at EUR 26.1 million and a slightly improved margin of 8.5%. The company saw growth in its water management solutions but faced … Read the full press release
(IN BRIEF) Robert Habeck, Germany’s Vice-Chancellor and Minister for Economic Affairs and Climate Action, pledges around two billion euros in funding to thyssenkrupp Steel’s “tkH2Steel” decarbonization project. The joint effort with the state government of North Rhine-Westphalia aims to revolutionize … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Government, Industrial, Metals and Minerals, Politics
Tagged Bernhard Osburg, decarbonization, green steel transformation, hydrogen, hydrogen-capable direct reduction technology, Miguel Ángel López Borrego, Mona Neubaur, North Rhine-Westphalia, Robert Habeck, steel production, Tekin Nasikkol, ThyssenKrupp, ThyssenKrupp AG, thyssenkrupp Steel, tkH2Steel
(IN BRIEF) thyssenkrupp has successfully listed its hydrogen business, thyssenkrupp nucera, on the Frankfurt Stock Exchange. As one of the world’s leading suppliers of electrolysis plants for green hydrogen production, thyssenkrupp nucera raised approximately €526 million through the IPO. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Investment, Technology
Tagged alkaline water electrolysis, AWE, BNP Paribas, De Nora, electrolysis plants, Frankfurt Stock Exchange, GREEN HYDROGEN, hydrogen, IPO, Miguel Ángel López Borrego, Shell, stock exchange, ThyssenKrupp, thyssenkrupp nucera
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