Nikkiso Clean Energy & Industrial Gases will almost double its European manufacturing capacity with the expansion of its operations in Saxony, Germany.
The work will see the group grow its carbon capture business and also present new manufacturing capabilities for cryogenic pump assembly, heat exchangers, and hydrogen fuelling skids.
Nikkiso hopes to achieve around 20% growth in the near term with further growth expected in the longer term with the planned development.
Peter Wagner, Executive Chairman of Nikkiso CE&IG Board, said, “Nikkiso is investing to meet clean energy market demand and growing our operations in Germany because of increasingly favourable market conditions for low-carbon energy solutions.”
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