Hexagon Purus AS signed two joint venture agreements with CIMC Enric Holdings Limited. The cooperation is a highly compelling partnership: Hexagon Purus' world class T4 hydrogen cylinder and systems technologies and design with over 20 years of heritage and safety track record – and CIMC Enric's extensive expertise in gas system development tailored to the Chinese market and its long-standing relationships with large Chinese vehicle manufacturers and gas distribution companies. The joint ventures will serve the fast-growing demand of the Chinese market for safe, lightweight and cost-efficient compressed hydrogen storage solutions.

Relevant industrial standards for T4 cylinders are currently being implemented by the Chinese government. The joint ventures will also support the transition to zero emission mobility solutions in Southeast Asia.