Cropper (J) Regulatory News (CRPR)

31 August 2023

James Cropper plc

('James Cropper', the 'Company' or the 'Group')

TFP Hydrogen subsidiary introduces innovative modular production unit for accelerated green hydrogen production

Next phase of manufacturing technology

James Cropper plc (AIM:CRPR), a global market leader in advanced materials, luxury packaging and paper products, today announces that its wholly-owned subsidiary, TFP Hydrogen Products ("TFP Hydrogen"), a leader in solutions for PEM Electrolysis, is pleased to unveil its latest technological breakthrough - the TFP Hydrogen Modular Production Unit ("MPU"). This innovative solution represents a significant stride towards enabling rapid scalability for PEM electrolyser manufacturing.

Leveraging TFP Hydrogen's proprietary coating technology, the MPU is strategically designed to operate in close proximity to customers and component suppliers, streamlining the supply chain for PEM electrolyser manufacturers. By shortening the supply chain and optimising logistics, the MPU significantly augments response rates while ensuring uninterrupted operations. Furthermore, the MPU can be swiftly commissioned and fully operational within six to twelve months. This advancement underscores James Cropper's commitment to bolstering the industry's expansion and providing support to PEM electrolyser manufacturers.

The coating technology developed by TFP Hydrogen and integrated within the MPU effectively addresses the material challenges associated with titanium components in PEM Electrolysers. These components included Porous Transport Layers, Bipolar and Unipolar plates as well as cell separators. The range of innovative coatings play a central role in enhancing the durability of the components, shielding against corrosion and minimising contact resistance; ultimately improving the overall operational efficiency and extending the lifetime of the electrolyser, thereby driving down long-term costs associated with green hydrogen production.

Commenting on the MPU, TFP Hydrogen Managing Director, David Hodgson said: "As we confront the reality of climate change, TFP Hydrogen stands resolute in our dedication to making meaningful change through the advancement of PEM electrolysis. Green hydrogen holds the promise of reshaping the energy landscape, propelling us towards achieving crucial net-zero targets by 2050. The TFP Hydrogen MPU is a tangible manifestation of this commitment and a catalyst for transformative change."

James Cropper CEO, Steve Adams added: "This is an important step forward in our innovation roadmap to support the hydrogen economy and TFP Hydrogen's introduction of the MPU underscores the Company's position as an industry trailblazer and demonstrates our critical role in driving the clean energy transition. TFP Hydrogen remains dedicated to pioneering innovative solutions that will reshape the energy paradigm and foster a sustainable future." 

ENDS

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Notes to editors:

James Croppers are market leaders in advanced materials and paper products. Led by the Cropper family for six generations, the business has an international workforce and an operational reach in over 50 countries.

Established in 1845, the group manufactures paper and packaging and advanced materials incorporating pioneering non-wovens and electrochemical coatings.

James Cropper is a specialist provider of niche solutions tailored to a unique customer specification, ranging from substrates and components in hydrogen electrolysis and fuel cells to bespoke colours and textures in paper and moulded fibre packaging designed to replace single use plastics.

The Group operates across multiple markets from luxury retail to renewable energy. It is renowned globally for service, capability, pioneering and multi award-winning commitment to the highest standards of sustainability.

James Cropper's goal is to be operationally carbon neutral by 2030 and to reduce carbon through our entire supply chain to net zero by 2050.

About TFP Hydrogen Products & Technical Fibre Products (TFP)

Technical Fibre Products (TFP) and TFP Hydrogen Products (TFPH) are part of the James Cropper group, a market leader in advanced materials and paper products. The wholly-owned subsidiary has sites in the UK and USA and a worldwide sales and support network.

TFP's materials provide solutions across a wide range of markets such as aerospace, defence, automotive and construction, as well as in renewable energy, where there is a strong focus on enabling green technologies, such as fuel cells, green hydrogen generation, wind energy and electric vehicles. 

Growth in the renewable energy sector and the hydrogen economy is of strategic importance in TFP's vision to enable a cleaner, greener future. In the next 5 years the aim is for the majority of sales to come from applications that support the Global drive to net zero carbon emissions, enabling the energy transition. TFP and TFPH specialise in enabling customers to develop market leading solutions, in areas such as PEM water electrolysis, hydrogen fuel cells, wind energy and carbon capture.

To find out more about TFP and TFP Hydrogen Products, their materials and how they make a difference, please visit: www.tfpglobal.com and www.tfphydrogen.com.