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43 min ago 2 min read
European industrial and medical gases company Nippon Sanso has expanded its investment in Italy-based engineering company Hysytech, bringing the business into its On-Site Advanced Systems (OAS) platform to advance low-carbon industrial solutions.
The companies will combine Nippon Sanso’s engineering capabilities with Hysytech’s expertise in biofuels, liquefied biomethane (bioLNG), biogenic carbon dioxide, and hydrogen technologies to support industrial decarbonisation.
Hysytech develops process technologies and equipment for applications including industrial gas recovery, cryogenics, in addition to, organic liquids and energy systems.
The partnership aims to accelerate the commercial deployment of Hysytech’s technologies by leveraging Nippon Sanso’s European industrial, commercial, and operational infrastructure.
Nippon Sanso in Hysytech in 2022, to promote the development and use of alternative biofuels and green chemistry as part of the company’s shared vision of creating a circular economy.
Massimiliano Antonini, Managing Director at Hysytech, said, “This investment [gives] the company’s R&D capabilities the industrial scale, resources and global reach to turn pioneering process technologies into real, deployable solutions.”
The partnership marks a key step towards reaching Nippon Sanso’s carbon neutrality by 2050 target under its initiative.
