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Advancement in the hydrogen sector for Urenco ETC’s subsidiary NPROXX
26 June 2020 Global NewsAdvancement in the hydrogen sector for Urenco ETC’s subsidiary NPROXX
The creation of industry-leading hydrogen storage and transportation solutions has been advanced following a joint venture between Enrichment Technology Company (ETC) subsidiary NPROXX and Cummins Inc.
ETC is Urenco’s joint venture company providing highly efficient centrifuge technology and applying its knowledge of advanced materials to other products.
Its subsidiary NPROXX is dedicated to the design and manufacture of pressure vessels for the storage of hydrogen and to be used for transportation, from fuelling heavy duty vehicles and buses, to ships and cars.
Cummins adds to NPROXX’s expertise in this area, being a global technology and power solutions leader, providing customers with hydrogen products for a range of applications across the transport sector. The joint venture will continue under the name NPROXX.
Rainer vor dem Esche, Managing Director, NPROXX, said: “This strategic investment will help us to grow our business in a much faster and more targeted way.”
For more information see: Cummins to Form Joint Venture With NPROXX for Hydrogen Storage
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About Urenco
Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.
With its head office in London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Through our technology and the expertise of our people, the Urenco Group provides safe, cost effective and reliable services, operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.
We are committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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