Chungnam Selects and Supports 11 Companies to Foster Hydrogen Specialized Enterprises

[Asia Economy (Hongseong) Reporter Jeong Il-woong] Chungnam Province is fostering local hydrogen companies as specialized firms in production, storage and transportation, and utilization sectors.

The province announced on the 5th that following the recent selection of 11 hydrogen companies through the ‘2022 Preliminary Hydrogen Specialized Company Development Project’ contest, it will begin full support for these companies.

The project focuses on maximizing outcomes and policy effectiveness based on the characteristics of the local hydrogen industry and companies. Chungnam Technopark will manage the project and provide corporate support programs worth up to 70 million KRW per company.

The companies selected by location are distributed as follows: 4 in Cheonan, 4 in Asan, 1 in Dangjin, and 2 in Yesan. The province will support the selected companies until April next year for prototype production, commercialization, and market development.

The detailed support contents are divided into three sectors: production, storage and transportation, and utilization.

First, the hydrogen production sector will focus on five tasks including ▲manufacturing ammonia electrolysis system stack modules ▲producing electrode binder dispersions for alkaline water electrolysis ▲manufacturing membrane electrode assemblies (MEA) for water electrolysis using polymer electrolyte membrane (PEM) separators ▲producing 5th generation small alkaline water electrolysis reactors ▲manufacturing hydrogen generation membrane plates using titanium materials.

In the hydrogen transportation sector, one task has been designated for certification patents and market development related to hydrogen storage and transportation trailers. The hydrogen utilization sector includes five tasks: ▲large-capacity BOSS forging production for hydrogen fuel cell vehicle pressure vessels ▲manufacturing industrial hydrogen burner mixed gas supply devices and controllers ▲manufacturing membrane electrode assemblies (MEA) for polymer electrolyte membrane fuel cells (PEMFC) using platinum-nickel alloy catalysts ▲prototype production of 5kW hydrogen purifiers (PSA) for building fuel cells ▲manufacturing hydrolysis chambers using hydrogen heat sources.

A provincial official stated, “We will do our best to discover and support local preliminary hydrogen specialized companies with growth potential so that they can grow and develop.”

This content was produced with the assistance of AI translation services.