Hydrogen and methanol are both key starting materials for chemical products such as silicones. For WACKER, the project represents a first step toward defossilizing chemical processes. Compared with current production methods, the new processes could cut CO2 emissions by as much as 100 percent. Capital expenditures for the plant complex are on the order of roughly €100 million. The planning phase for the facilities can start once the requested funding has been approved. The plant could then begin operations in 2025.
About SFC Energy
SFC Energy AG (www.sfc.com) is a leading provider of hydrogen and direct methanol fuel cells for stationary and mobile hybrid power solutions. With the Clean Energy and Clean Power Management business segments, SFC Energy is a sustainably profitable fuel cell producer. The Company distributes its award-winning products worldwide and has sold more than 55,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857 ISIN: DE0007568578).
Wacker Chemie AG (www.wacker.com) is a global company with state-of-the-art specialty chemical products found in countless everyday items, ranging from cosmetic powders to solar cells. WACKER’s portfolio comprises more than 3,200 products supplied in over 100 countries. WACKER has a global network of 26 production sites, 23 technical competence centers and 52 sales offices. In 2020, the Group's 14,300 employees generated global sales of €4.69 billion. Wacker Chemie AG is listed on the Deutsche Boerse Prime Standard and on the MDAX (GSIN: WCH888, ISIN: DE000WCH8881).