Heraeus begins hydrogen business line
Heraeus Precious Metals has established a new dedicated Hydrogen Systems business line, headed by Dr Philipp Walter. This provides precious metal-based products for electrolysers and fuel cells, notably electrocatalysts for next-generation applications, plus technologies for precious metal recovery from production scrap and end-of-life materials, such as catalyst-coated membranes.
The new business line begun as a corporate start-up and R&D project. Heraeus said that it has now “surpassed the tipping point from a pioneering presence in electrocatalyst production to a pivotal role in the hydrogen industry's precious metal applications”.
RELATED ARTICLES
International Chemical Investors Group (ICIG), the owner of WeylChem and many other European chemical assets, has acquired the European Advanced Organics business of Valtris Specialty Chemicals.
OCSiAl has opened its first European graphene nanotubes facility in Serbia. It will produce 60 tonnes/year under the Tuball band and the company plans to double this by launching a second synthesis unit within the next year. The modular design means it is able to scale production rapidly.
At its latest Capital Markets Day, Merck KGaA said that it is “in a strong strategic position” to profit from medium-term growth opportunities in all three of its business sectors after a transitional year in 2023.
Posco Future M has conducted the initial shipment of products from its 30,000 tonnes/year nickel-cobalt-aluminium (NCA) cathode material plant in Pohang, South Korea.
Mining giant Rio Tinto has agreed to acquire Arcadium Lithium, the company created by the merger of Livent and Allkem in January, for $5.85/share, which represents a 90% premium to Arcadium’s share price before the deal was announced. The offer values the firm at about $6.7 billion.
Chemours has opened Chemours Battery Innovation Centre (CBIC) at the Chemours Discovery Hub in Newark, Delaware. CBIC will support the testing and scaling of next-generation lithium-ion battery technologies to produce batteries for hybrid and electric vehicles.
