Will use the German company purification technology to liquidate hydrogen

United States -based hydrogen -based hydrogen fuel company Plug Power Inc. (NASDAQ:Cover) will use the German chemical company Basph‘s (Otcqx:BASFY) Purification solutions to their hydrogen settlement plants.

What happened: Plug Power will use BASF PD15 private pd15 catalysts, as well as implement the BASF oxygen and water removal solutions, he reported Energy on Thursday to Offshore Energy.

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The collaboration will focus mainly on hydrogen settlement plants with 30, 60 and 90 tonnes a day, according to the report.

“We are proud to have obtained the approval of other leading players in the green hydrogen sector,” was BASF Senior Vice President Detlef Ruff he said.

“We believe that this collaboration will provide our customers solutions from end to contrasting and reliable ends that improve the economic viability of liquid hydrogen plants,” Daniel Kennedy shared in the statement.

Why does it matter: The Power Connector has recently announced a $ 525 million debt ease offer with Yorkville advisers As the company wants to implement its successful change plan.

The company also threw its Hydrogen settlement installation to Louisiana as part of a joint company with Olin Corporation. The plant is capable of liquidating more than 15 metric tons of hydrogen daily.

Plug Power had shared the results of the fourth quarter of the company, which showed a Income of 191.5 million dollarsfalling well below dollars 263.2 million. The company also registered a gross margin loss of 122%.

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This item PLUG POWER PARTNERS WITH BASF: will use German company purification technology to liquidate hydrogen Originally appeared in Benzinga.com