Nikkiso Clean Energy & Industrial Gases Group to Deliver around Two Dozen Liquid-Based Hydrogen Stations in South Korea

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TEMECULA, Calif., June 19, 2024 (GLOBE NEWSWIRE) — The Nikkiso Clean Energy and Industrial Gases Group, part of the Industrial Division of Nikkiso Co. Ltd., said that following its recent award by SK Plug Hyverse, the group has been awarded contracts to build and maintain nearly two dozen liquid hydrogen (LH2) fueling stations in South Korea.

As more buses and heavy trucks look to reduce carbon emissions while maintaining long-distance driving capabilities, many fleet operators, transportation authorities and agencies are looking to liquid hydrogen as a solution for rapid filling and long-distance routes. Nikiso's experience in developing and manufacturing cryogenic pumps for more than 70 years and alternative fueling stations for 26 years is attracting companies like SK Plug Hyverse that want partners able to help grow South Korea's hydrogen infrastructure and economy.

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“SK Plug Hyverse is a tremendous partner for Nikkiso in South Korea because together we bring together exceptional capabilities and exceptional people to support South Korea’s progressive approach to creating a competitive hydrogen economy,” he said. Peter Wagner, CEO of Nekiso Clean Energy and Industrial Gases. “Nikiso is impressed by South Korea’s productive and pragmatic approach to scaling up the hydrogen economy, and we look forward to more opportunities to support its efforts.”

“There are not many companies that have a Nikkiso vertically integrated fueling station with internal liquefaction systems, trailer loading systems, cryogenic pumps, vacuum insulated piping, vacuum insulated vessels, cryogenic evaporators, industrial controls, and permitting, installation and maintenance services,” he said. Mike McKee, President of Fueling and Solutions at Nikiso Clean Energy and Industrial Gases. “We have been building alternative fuel stations since 1998 and are proud that the work we do supports a cleaner, healthier world.”

Several liquid hydrogen stations have already been operated in South Korea, successfully supplying buses with fuel sequentially and increasing their capacity. The remaining stations in South Korea will come online for the next 12 months.

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About Nikiso Clean Energy and Industrial Gases Group

Nikkiso Clean Energy and Industrial Gases Group is a leading provider of cryogenic equipment, technologies and applications for the clean energy and industrial gas market segments. The group employs more than 1,600 people in 22 countries and is headed by Cryogenic Industries, Inc. Located in Southern California, United States, it is a wholly-owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376).

Media contact
Lisa Adams
Lisa.adams@nikkisoceig.com
Mobile: +1 (405) 492-1689

About Nikiso Co., Ltd

Since its founding in 1953, Nikkiso has helped solve social issues by anticipating changing times with world-first and Japan-first technologies and products. In the industrial business, Nikiso has created new markets through product development in the energy business, dialysis-related products in the medical business, and carbon fiber reinforced plastic (CFRP) airframes in the aerospace business.

About SK Plug Hiverse

SKPH is a joint venture between SK E&S and Plug Power Inc, a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, to pursue integrated solutions business across the clean hydrogen value chain in Asia.

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