Hanwha General Chemical acquires PSM and Ansaldo Thomassen for hydrogen co-firing technology

Hanwha General Chemical acquired 100% equity of US-based PSM and Netherlands-based Ansaldo Thomassen, both gas turbine service companies with hydrogen co-firing technology. The acquisition contract was signed on March 19, 2021, with completion expected by June 2021.

“Hanwha General Chemical announced on the 22nd that it has acquired gas turbine service companies possessing hydrogen co-firing power generation technology.”asiae.co.kr

• 3 sources
• asiae.co.krLNG+Hydrogen Mixed Power Generation... Hanwha Secures First Domestic Technology - The Asia Business DailyChoi DaeyulMar 22, 2021
• koreatimes.co.krHanwha acquires two leading hydrogen combustion technology companies - The Korea TimesKim Hyun-binMar 22, 2021
• world.wip-news.comWIPNEWS < World Intellectual Property Media Network >Apr 16, 2021

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