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Kolon Industries and Deokyang strengthen hydrogen business capabilities

[월간수소경제 박상우 기자] Kolon Industries has entered into cooperative relationships with several companies to strengthen hydrogen business capabilities.

Kolon Industries announced on the 7th that it had signed a business agreement with Deokyang, a company specializing in industrial gas manufacturing, and Aerovation, a company specializing in carbon capture in Israel, as part of the 2022 H2 Investor Day held at Dongdaemun Design Plaza in Seoul on the 6th.

Through this agreement, Kolon Industries will receive a stable supply of hydrogen from Deokyang and actively cooperate with green hydrogen using wind power generation and hydrogen commercialization in overseas markets.

In addition, in order to realize carbon neutrality by 2040, Aerovation plans to actively secure carbon capture and utilization technology and promote new commercialization by adding its own technological capabilities.

An official from Kolon Industries said, “Based on the differentiated know-how possessed by Kolon Industries, we will do our best to grow the clean energy business represented by hydrogen into a core business that can create a sustainable future for the group.”