Vinatek Signs MEA Supply Contract with French Hydrogen Fuel Cell Company... "Expecting Additional Orders"
Vinatech announced on the 30th that it has signed a supply contract worth 3.4 billion KRW for membrane electrode assemblies (MEA) with a French hydrogen fuel cell system company. The MEA supplied by Vinatech is expected to be applied to a 160KW-class hydrogen fuel cell system.
The hydrogen fuel cell system developed by the French company features high output characteristics. It also achieves excellent product competitiveness by reducing volume and weight, which are especially important in the mobility market. To realize this performance, high-output and high-durability MEA is essential.
Vinatech uniquely meets these required characteristics and thus will proceed as the sole supplier of MEA. Based on this, it is expected to be actively applied to various applications such as buildings, ships, automobiles, and railways. This foundation is anticipated to further solidify the market positions of both companies in the hydrogen industry.
Seong Do-kyung, CEO of Vinatech, said, "We are pleased to be able to expand the market not only in automobiles but also in various application fields through this contract," adding, "This supply contract will strengthen the outlook for new projects currently under discussion between the two companies and enhance technological capabilities and competitiveness in the global market."
Vinatech expects the supply volume to increase further. This contract represents an initial volume level, and as ongoing projects progress in earnest, the volume is expected to increase exponentially.
Vinatech is the only company in Korea continuously securing global references in the hydrogen fuel cell sector. For system manufacturers, verified suppliers are inevitably prioritized when selecting material and component suppliers. Vinatech’s supply contract is securing a leading position in the expansion of the hydrogen fuel cell material and component business.
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A Vinatech official emphasized, "Vinatech is the only company capable of integrated production of the core components of hydrogen fuel cells, including the support, catalyst, MEA, and separator plate," adding, "We have been recognized for the value of our core technology by major global customers seeking to enter the hydrogen industry, securing a top-tier position in the emerging hydrogen industry not only in the domestic market but also by pioneering overseas markets."
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