CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint.
“We are delighted to be partnering with the CCC to open this new market,” explained Joao Wahnon, Head of Business Development at Fusion Fuel.
Since its formation in 1952, CCC has become one of the leading international contractors with a worldwide turnover of over US$ 4 Billion and managing 60,000 personnel composed of more than 80 nationalities.
The Consolidated Contractors Group has established a strong market presence in the Middle East, Africa, and CIS countries.
The company values are a family legacy carried by the founders and transplanted into the organization.
Fusion Fuel’s business lines includes the sale of electrolyzer technology to customers interested in building their own green hydrogen capacity, the development of hydrogen plants to be owned and operated by Fusion Fuel and active management of the portfolio of such hydrogen plants as assets, and the sale of green hydrogen as a commodity to end-users through long-term hydrogen purchase agreements.
The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs.