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AFC Energy and Industrial Chemicals Group Form Joint Venture to Produce Hydrogen from Ammonia.

Jul 04, 2025•14 days ago

Contract Type

partnership

Biomass EnergyRenewable EnergyOil And GasEnergy

Description

AFC Energy has entered into a joint venture with Industrial Chemicals Group aimed at producing hydrogen from ammonia to disrupt the UK market. The partnership will leverage both companies' strengths to drive costs down and increase production efficiency. Initial revenues are expected as early as 2026, with a target of generating up to 400kg/day of hydrogen.

Company Information

Company

AFC Energy PLC

About

AFC Energy PLC is a hydrogen energy group that focuses on scaling operations and developing ammonia cracker technology. The company is at the forefront of clean energy innovation and aims to make significant strides in the clean energy sector.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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