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FIVES CONSOLIDATES ITS LEADERSHIP IN HYDROGEN LIQUEFACTION

TECHNOLOGICAL LEADER

As a TECHNOLOGICAL LEADER in the cryogenics market for over 60 years, Fives has been at the forefront of the hydrogen industry for decades, with over 45 references on this market and the helium market involving the biggest industrial gas operators.

FIVES recently entered into a partnership with Plug Power Inc. and Atlas Copco Gas and Process to supply cryogenic heat exchangers for an ambitious hydrogen liquefaction plant development plan. Plug Power plans to supply 500 tons of green liquid hydrogen per day by 2025, and 1,000 tons per day globally by 2028.

Fives is a leading supplier of heat exchangers and cryogenic pumps, vital equipment for hydrogen liquefaction. 

 

Fives develops equipment tailored to hydrogen’s technical requirements (extreme temperatures, high pressure, tight seal) to supply its customers and newcomers to this booming market with the best available technologies to assist with their liquefaction plant development ambitions.

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About

As an industrial engineering Group with a heritage of over 200 years, Fives designs and supplies machines, process equipment and production lines for the world’s largest industrial players in various sectors such as steel, aerospace and special machining, aluminium, the automotive and manufacturing industries, cement, energy, logistics and glass. As part of its R&D initiatives, Fives aims to offer solutions which continually anticipate the needs of industrial companies in terms of profitability, performance, quality, safety and environmental protection. A major figure in the development of the industry of the future, Fives strives every day to highlight that industry can do it – our motto. In 2020, Fives achieved a turnover of €1.61 billion and employed more than 8,000 people in about thirty countries.

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