HyGear and Buse Gases, a member of the Buse Group, have today established joint venture company BUSE HyGEar to produce, fill and distribute hydrogen in the UK.
Operating from West Bromwich near Birmingham in the West Midlands, at the existing site of Buse Gases, the new company will deploy HyGear’s Hy.GEN technology to produce cost-effective hydrogen.
The hydrogen will be distributed to existing customers of Buse, as well as future customers of HyGear’s Gas-as-a-Service in the region.
Marinus van Driel, HyGear’s CEO, said, “In order to implement our Gas-as-a-Service model in the UK, we need a reliable and cost-effective source for backup and peak supply in the region. For which our Hy.GEN technology can be used effectively.”
“By leveraging Buse’s existing customer base for cylinder hydrogen, this can be done in an economically viable way within a short time frame.”
Buse Group’s CEO Roland Brakling added, “The UK is a commercially interesting market for cylinder hydrogen and the availability of a local source would allow us to expand on our market share.”
“We believe that the cooperation with HyGear, and the implementation of its Hy.GEN technology will allow us to achieve these goals and provide a more competitive offering for our existing and new customers for hydrogen and specialty gases.”
BUSE HyGear will commence its initial operations next month (August 2019). Throughout the remainder of 2019, investments will be made in Hy.GEN technology, filling facilities and cylinder tracks or trailers.
The company is expected to be fully operational in the first quarter of 2020.