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Proton Energy new JV in Saudi Arabia

Source: www.gulfoilandgas.com 10/4/2010, Location: Middle East

RIYADH (Oct. 4, 2010) Proton Energy Systems, the global leader in on site hydrogen generation and control systems, announced a joint venture with SupplyCore Middle East to provide on-­site hydrogen generation and control solutions to Saudi Arabia, the largest economic market in the Arab world, as well as the rest of the other Arab nations in the region. The agreement extends the initial partnership established by the two companies in 2009 to create a new company and now covers sales, installation and service of their hydrogen generation and control equipment for all Arab nations, which also includes some manufacturing in Saudi Arabia. The new entity will be called Proton Energy Arabia.

“We are excited to enhance our relationship with SupplyCore Middle East and provide our hydrogen generation solutions to businesses, manufacturers and government entities in the Middle East region and beyond,” said Rob Friedland, president and chief executive officer for Proton Energy Systems. “The agreement demonstrates Proton Energy Systems’ commitment to the region, further solidifies our position as a global leader in on site hydrogen generation and control systems, and better positions us to support growth in this rapidly expanding market.

Proton Energy is the global leader in on-­?site hydrogen generation. Proton Energy Systems designs and manufactures proton exchange membrane (PEM) electrochemical systems that do not utilize any hazardous chemicals to make hydrogen from water producing safe, pure, reliable on site .hydrogen .to .meet .global .hydrogen .requirements. With more than 2,000 systems installed in 60 countries on all seven continents, Proton Energy Systems is creating value around the world.

Supporting The Power Generation Process

Recognizing the importance of supporting power generation processes, Proton Energy Systems entered into the joint venture with SupplyCore Middle East to provide Arab World organiztions in the power, oil and gas sector the ability to meet on site hydrogen requirements ranging from grid level support for energy storage, to turbine generator cooling in power plants. This announcement comes shortly after the commissioning of a hydrogen generation unit at the ing Abdullah University of Science and Technology (KAUST). Additionally, Proton Energy Systems and SupplyCore Middle East recently sold on-­?site hydrogen generation technology to the Sadi Electric Company and plan to commission this unit in October.

The need for power generation in Saudi Arabia has grown the past few years and wil continue to expand as supply tries to keep pace with demand in the coming years,” said Sattam Al Suwailem, president and chief executive officer of SupplyCore Middle East. “We are very pleased to expand our partnership with Proton Energy Systems, a proven international energy leader, as it enables us to improve upon current power generation solutions in the region.



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Related Categories: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Soda Ash  Sodium Hypochloride  Water Treating 

Related Articles: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Sodium Hypochloride  Water Treating 


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