(Alliance News) - Pressure Technologies PLC on Tuesday announced its subsidiary Chesterfield Special Cylinders has secured a contract with Haskel Hydrogen Group for the supply of high-pressure type one steel vessels used for hydrogen storage in three new hydrogen refuelling stations.
Haskel Hydrogen Group is part of the Precision & Science Technologies segment at Ingersoll Rand Inc, a US manufacturer of flow control equipment.
Pressure Technologies, a Sheffield, England-based specialist engineering for pressure containment and control, said the contract, which will be delivered throughout the summer of 2021, increases the number of hydrogen refuelling station projects secured by Chesterfield Special Cylinders for Haskel in Europe.
Shares in Pressure Technologies were up 17% at 102.00 pence in London on Tuesday.
Chesterfield Special Cylinders has designed a specialised high-pressure containment solution for Haskel, which will be integrated into its new refuelling station design called the Haskel Geno HRS.
Pressure Technologies said 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, it added.
"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 Chesterfield Special Cylinders, with a shared vision on how to unlock the hydrogen opportunities, are the key to reliable and innovative supply now and in future," said Darran Heath, general manager at Haskel.
By Zoe Wickens; zoewickens@alliancenews.com
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