The additional space will nearly double the group’s manufacturing capacity in Europe.
With the investment, the group will build on its existing carbon capture business and bring new manufacturing capabilities for cryogenic pump assembly, heat exchangers and hydrogen fueling skids to meet market demand for cryogenic equipment and plant solutions used in clean energy projects like hydrogen fueling stations, LNG and ammonia terminals, and hydrogen production plants.
“Nikkiso is investing to meet clean energy market demand and growing our operations in Germany because of increasingly favorable market conditions for low-carbon energy solutions,” said Peter Wagner, executive chairman of the Nikkiso CE&IG board.
According to Nikkiso CE&IG, expanding manufacturing space and capabilities in Europe will help the group share knowledge and expertise between regions.
“Nikkiso brings a depth of experience in the cryogenics industry that few can match,” said Adrian Ridge, CEO, Nikkiso CE&IG. “The facility in Wurzen will be Nikkiso’s manufacturing hub in Europe and complement our customer center in Neuenburg.”
Nikkiso CE&IG is headed by Cryogenic Industries Inc in Southern California, USA, which is a wholly owned subsidiary of Nikkiso Co Ltd.
