Report

thyssenkrupp : tk nucera: a promising vehicle to play the green hydrogen wave. But it will take time to generate cash

>tk nucera: a technological leader in green hydrogen - At the CMD held yesterday, the management of thyssenkrupp Uhde Chlorine Engineers (thyssenkrupp 66%, De Nora 34%), renamed tk nucera, set out its strategy to become the technological leader for large-scale green hydrogen in alkaline water electrolysis (alkaline water electrolysis, AWE), which will allow its clients to achieve their net zero targets. tk nucera has undertaken +600 projects, produces 240k electrolyt...
Underlying
Thyssenkrupp AG

ThyssenKrupp is the parent company of the ThyssenKrupp Group. Co. has six business areas: Components Technology, which provides components for the automotive and machinery sectors; Elevator Technology, which supplies passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts; Industrial Solutions, which comprises the System Engineering and Marine Systems units; Materials Services, which focuses on materials distribution and technical services; Steel Europe, which develops, produces and markets flat carbon steel in the European market; and Steel Americas, which produces, processes and markets steel products in North and South America.

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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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