# Thyssenkrupp plans IPO for Uhde Chlorine Engineers in Q1 2022

Thyssenkrupp plans to list its water electrolysis unit Uhde Chlorine Engineers on the stock exchange in the first quarter of 2022, with a potential valuation of €5 billion. The company also announced a fivefold increase in production capacity for alkaline water electrolysis.

- Type: Investment
- Announced: 2021-11-16
- Where: Germany
- Value: $5.65B (5.00B EUR)
- Status: announced
- Capacity: fivefold increase in production capacity
- Products: water electrolysis systems, green hydrogen production equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Thyssenkrupp](https://endata.com/companies/833.md)
- [Uhde Chlorine Engineers](https://endata.com/companies/59028.md)
- [De Nora](https://endata.com/companies/23566.md) (partner)

## Sources

- [cleanthinking.de](https://www.cleanthinking.de/uhde-chlorine-engineers-mit-elektrolyseuren-an-die-boerse/), 2021-11-16: "Wir haben in den letzten Monaten eine deutliche Verschiebung der Projektgrößen hin zu mehreren hundert Megawatt bis hin zu Gigawatt gesehen, so dass die großvolumige und automatisierte Serienfertigung bereits heute der Marktnachfrage entspricht."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.