The new 83,000sq. ft. facility can support the annual production of more than 40,000 Type 4 hydrogen cylinders for mobility and hydrogen infrastructure applications.
Set to employ up to 300 workers and increase Hexagon Purus’ current manufacturing capacity, the current footprint of the Kassel facility allows for further expansion of the site to meet future demand for hydrogen storage.
Additionally, with the opening of the site, the company is relocating its current hydrogen cylinder manufacturing from its former site in Kassel that was shared with Hexagon Composites.
The company’s Executive Vice-President, Michael Kleschinski, said the new site would play a central role in further developing Hexagon as a “world-class” manufacturer of safe and reliable hydrogen cylinders.
“With this facility, we have the necessary capacity to meet the rapidly growing demand for our hydrogen infrastructure and mobility applications,” he said. “We believe the demand for our offerings will continue to increase, and we now have the footprint to support future customer growth.”
In its Q2 2022 results, Hexagon Purus reported a 57% year-over-year revenue growth to NOK 330m and a 55% year-over-year growth in the first half of the year.
Exiting the quarter with a total backlog of around NOK 1.4bn, the company in 2023 has announced orders from the likes of Deutsche Bahn, New Flyer, and unnamed major players in energy and vehicle manufacturing.
It comes as the company’s opening of a new manufacturing facility this year (2023) with a battery system facility and hydrogen cylinder facility in Kelowna, Canada and Maryland, US, respectively.
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