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Memorandum of Understanding with Chiyoda Corporation
As part of its commercial development strategy, Hazer has been engaged extensively with potential partners in key early adopter markets for low-emission hydrogen. Hazer has focussed on markets that have strong support for the transition to a hydrogen economy and the uptake of hydrogen as a transport fuel. Particularly, Hazer is considering emerging premium low-emission hydrogen opportunities in Asia. Hazer also is identifying opportunities in markets such as the USA (California) and Europe.Hazer is pleased to announce that it has entered a Memorandum of Understanding (MOU) with Chiyoda Corporation to collaborate on the commercialisation of the Hazer technology in Japan and develop low-emission hydrogen production facilities.Hazer Group Managing Director and CEO Geoff Ward said Hazer is delighted to continue the excellent relationship it has developed with Chiyoda through the MOU. “Japan is a leading proponent of the hydrogen economy and a key market for clean, low-emission hydrogen such as that produced by the Hazer Process,” he said. “Through their work for the Japanese government, cities, prefectures and private industry clients, Chiyoda is a leader in the hydrogen industry in Japan.“Chiyoda’s knowledge, experience and capability make them an excellent partner for Hazer, with their project development, execution and operation capabilities complementing Hazer’s technology offering.“We look forward to working closely with them in this important market.”
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Ann: Appendix 4C - quarterly, page-2
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