Pressure Technologies secures contract win for hydrogen refuelling stations

The contract win has been revealed to the stock exchange.

Pressure Technologies has announced that its wholly owned subsidiary, Chesterfield Special Cylinders, has secured a contract with Haskel Hydrogen Group for the supply of high-pressure Type 1 steel vessels to be used for hydrogen storage in three new hydrogen refuelling stations

The contract will be rolled out by Unipetrol Group and Bonett Group, with Bonett managing the integration of the hydrogen refuelling stations at existing Unipetrol sites throughout the Czech Republic. Haskel will deliver the hydrogen refuelling stations and work alongside Bonett as they manage the integration.

Chris Walters, Chief Executive of Pressure Technologies plc said: “Our recent successful fundraising was built, in part, on our plans to secure new opportunities in the fast-developing hydrogen energy market and we are delighted that the Chesterfield Special Cylinders team will be supporting Haskel with their new hydrogen refuelling station projects.

"This contract win demonstrates our ability to develop strong and collaborative customer relationships that deliver safe, innovative and cost-effective hydrogen storage solutions in an exciting and growing market.”

Darran Heath, General Manager at Haskel Global Hydrogen Systems Group said: “We recognise the strong support Chesterfield Special Cylinders has given us over the past two years and are delighted to confirm this additional order that further cements our relationship.

"Hydrogen refuelling stations are central to our success and capable suppliers like CSC, with a shared vision on how to unlock the hydrogen opportunities, are the key to reliable and innovative supply now and in future. We look forward to achieving more success together.”

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