This is positive recognition for the company which also showcases the significant contribution that hydrogen can provide in decarbonising major aspects of carbon intensive industries.

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The company had been selected from among more than 10,000 entrepreneurs and, with its innovation developing advanced ion exchange membranes and polymer solutions for the hydrogen economy, had recognised for its innovation.

Bill Haberlin, CEO of Ionomr Innovations, said, “We’re delighted with the on-going recognition we have received for the ground-breaking innovations Ionomr is bringing to market with our advanced ion exchange membrane and polymer materials.

“Ionomr’s superior materials make more efficient, cost competitive solutions possible, including eliminating expensive precious metal requirements from hydrogen production and CO2 electrolysis, and supporting higher temperature recyclable fuel cell solutions.”

Richard Youngman, CEO of Cleantech Group, said, “We have the science and ingenuity to solve most of the issues and there is the investment capital, in both private and public markets, to propel a three-decade transformation, to net zero.

“The 2022 Global Cleantech 100 companies show this in spades.

“What they, and hundred others like them, now need is braver regulators, policy makers and procurement departments, to enable such solutions to scale and go down their different cost curves much faster than the current trajectories.”