HyGear increases hydrogen supply capacity at its facility in The Netherlands

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Arnhem – HyGear, a supplier of industrial gases through on-site generation technology sees growth for hydrogen supply around the region of The Netherlands.

The initial objective of HyGear’s hydrogen production site in Arnhem was to provide peak demand supply and back up capacity to its on-site customers in the region through trailers and cylinders.

“Since the inauguration of our facilities less than a year ago, we have learned that more companies have a need for the high purity hydrogen that we produce here” comments Marinus van Driel, CEO of HyGear.

The company saw an increasing demand as it is currently, not only filling its own trailers and cylinders but also those of other industrial gas suppliers. This has led to the situation where the demand will outgrow the current capacity in the foreseeable future. In bid to meet this growth, the company has decided to invest in additional production capacity by building and installing one of its new Hy.GEN 150 system.

HyGear found financial support for this capital investment from regional development agency Oost NL. Oost NL manages Fonds Herstructurering Bedrijventerreinen Gelderland (FHBG), a regional structure fund part of Topfonds Gelderland. Oost NL aims to structurally improve the economy in the east of the Netherlands, by investing in companies that provide solutions for global challenges.

“Our main business is, and will remain serving customers with hydrogen that we produce locally at their facilities. You will, however, see that our supply model will include a combination of on-site generation and trucking more often as this allows us to utilise our assets more effectively, and offer hydrogen even more competitively than we already do. We are developing plans to expand globally and establish more filling hubs like the one in Arnhem in the years to come, supporting our mission to offer the most cost-effective and reliable hydrogen supply worldwide,” explained Marinus.

The expansion is expected to be ready in the fourth quarter of 2019.

About HyGear

Providing an alternative solution for end-users of industrial hydrogen, oxygen and nitrogen gases, HyGear developed cutting-edge technologies of on-site gas generation. With the combination of these systems and conventional gas distribution methods, we offer the most cost-effective and reliable supply method with a guarantee of 100% up-time.

Our technical services and customer support is guaranteed by many of our partners worldwide. And to be able to serve our customers more effectively, we have offices in Europe and Asia.

To learn more about our technologies, please contact our dedicated sales team at sales@hygear.com, +31 88 9494 308 (Europe) and asia@hygear.com, +65 9169 4232 (Asia).

About Oost NL

Oost NL (East Netherlands Development Agency) is an agency that focuses its activities and projects on strengthening and stimulating the economy of the provinces of Gelderland and Overijssel, the Netherlands. Oost NL supports starting and growth-phase SMEs. We do this partly with risk capital from various revolving innovation funds, and partly through our knowledge, networks and personal contacts. Through the revolving funds we provide for direct as well as indirect investment and take care of the fund management. In addition, we stimulate and support public and private investors.

For more information please contact Jemy Pauwels, Sector Manager, +31 (0)6 4639 0078, jemy.pauwels@oostnl.nl or visit www.oostnl.nl.

28/09/2018

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