Industrial gases

Agreement to transfer a low-carbon hydrogen producer active in France and the UK, targeting closing in Q1 2027 subject to regulatory approvals.

Q3 revenue rose >10% y/y and company remains on track for ~15–16% full‑year growth; Q3 net cash usage ≈ $28M with ≈ $134M cash on hand; margin improvement and an ~$8bn electrolyzer pipeline.

PEM revenue +65% and PEM order intake +473%; group order intake +339% and backlog NOK 1,314m; group revenue NOK 112m; net loss NOK -141m; cash NOK 1,078m.

HFO blend with GWP <150, A2L safety class and zero‑glide; SNAP‑approved for HVAC, refrigeration, data‑centre cooling and high‑temperature heat pumps.

Awarded by Subsea7 to supply key subsea spools and structures for Northern Lights Phase II, driving CO2 storage capacity above 5 Mtpa by 2028.

Agreement targets replacing fossil-fuel cogeneration with biomass, biomethane and e-fuels using biogenic CO2 for high-thermal industries.

Undisclosed U.S. technology customer ordered multiple containerized PEM MC-series units and related services worth about USD 12 million, with delivery targeted in 2027.

HyREX demo (300,000 t/yr by 2028) in Pohang; TIMUP public‑private plan; targets KRW 6 trillion, 14,000 jobs and 560,000 t/yr CO2 reduction in the Southeastern cluster.

MoU to assess modular, local production of low‑carbon synthetic fuels from renewable hydrogen to boost energy security and reduce reliance on long supply chains.

Former Wilhelmshaven coal plant to be dismantled; chimney demolition in spring 2027 and site repurposed for PV, a 50 MW/100 MWh battery system and planned hydrogen projects.