TIDMCRPR
Cropper(James) PLC
31 August 2023
31 August 2023
James Cropper plc
('James Cropper', the 'Company' or the 'Group')
TFP Hydrogen subsidiary introduces innovative modular production
unit for accelerated green hydrogen production
Next phase of manufacturing technology
James Cropper plc (AIM:CRPR), a global market leader in advanced
materials, luxury packaging and paper products, today announces
that its wholly-owned subsidiary, TFP Hydrogen Products ("TFP
Hydrogen"), a leader in solutions for PEM Electrolysis, is pleased
to unveil its latest technological breakthrough - the TFP Hydrogen
Modular Production Unit ("MPU"). This innovative solution
represents a significant stride towards enabling rapid scalability
for PEM electrolyser manufacturing.
Leveraging TFP Hydrogen's proprietary coating technology, the
MPU is strategically designed to operate in close proximity to
customers and component suppliers , streamlining the supply chain
for PEM electrolyser manufacturers . By shortening the supply chain
and optimising logistics, the MPU significantly augments response
rates while ensuring uninterrupted operations. Furthermore, the MPU
can be swiftly commissioned and fully operational within six to
twelve months. This advancement underscores James Cropper's
commitment to bolstering the industry's expansion and providing
support to PEM electrolyser manufacturers.
The coating technology developed by TFP Hydrogen and integrated
within the MPU effectively addresses the material challenges
associated with titanium components in PEM Electrolysers. These
components included Porous Transport Layers, Bipolar and Unipolar
plates as well as cell separators. The range of innovative coatings
play a central role in enhancing the durability of the components,
shielding against corrosion and minimising contact resistance;
ultimately improving the overall operational efficiency and
extending the lifetime of the electrolyser, thereby driving down
long-term costs associated with green hydrogen production.
Commenting on the MPU, TFP Hydrogen Managing Director, David
Hodgson said: "As we confront the reality of climate change, TFP
Hydrogen stands resolute in our dedication to making meaningful
change through the advancement of PEM electrolysis. Green hydrogen
holds the promise of reshaping the energy landscape, propelling us
towards achieving crucial net-zero targets by 2050. The TFP
Hydrogen MPU is a tangible manifestation of this commitment and a
catalyst for transformative change."
James Cropper CEO, Steve Adams added: "This is an important step
forward in our innovation roadmap to support the hydrogen economy
and TFP Hydrogen's introduction of the MPU underscores the
Company's position as an industry trailblazer and demonstrates our
critical role in driving the clean energy transition. TFP Hydrogen
remains dedicated to pioneering innovative solutions that will
reshape the energy paradigm and foster a sustainable future."
ENDS
Enquiries:
James Cropper plc
Rosina Merrett
Mob: +44 (0) 7500 083559
Rosina.merrett@cropper.com
www.jamescropper.com
Shore Capital - NOMAD and Broker
Robert Finlay, Henry Willcocks, Lucy Bowden
Tel: +44 (0) 20 7601 6100
Buchanan Communications - Financial PR
Chris Lane, Charles Ryland, Jamie Hooper, Verity Parker
jamescropper@buchanancomms.co.uk
Tel: +44 (0) 207 466 5000
Notes to editors:
James Croppers are market leaders in advanced materials and
paper products. Led by the Cropper family for six generations, the
business has an international workforce and an operational reach in
over 50 countries.
Established in 1845, the group manufactures paper and packaging
and advanced materials incorporating pioneering non-wovens and
electrochemical coatings.
James Cropper is a specialist provider of niche solutions
tailored to a unique customer specification, ranging from
substrates and components in hydrogen electrolysis and fuel cells
to bespoke colours and textures in paper and moulded fibre
packaging designed to replace single use plastics.
The Group operates across multiple markets from luxury retail to
renewable energy. It is renowned globally for service, capability,
pioneering and multi award-winning commitment to the highest
standards of sustainability.
James Cropper's goal is to be operationally carbon neutral by
2030 and to reduce carbon through our entire supply chain to net
zero by 2050.
About TFP Hydrogen Products & Technical Fibre Products
(TFP)
Technical Fibre Products (TFP) and TFP Hydrogen Products (TFPH)
are part of the James Cropper group, a market leader in advanced
materials and paper products. The wholly-owned subsidiary has sites
in the UK and USA and a worldwide sales and support network.
TFP's materials provide solutions across a wide range of markets
such as aerospace, defence, automotive and construction, as well as
in renewable energy, where there is a strong focus on enabling
green technologies, such as fuel cells, green hydrogen generation,
wind energy and electric vehicles.
Growth in the renewable energy sector and the hydrogen economy
is of strategic importance in TFP's vision to enable a cleaner,
greener future. In the next 5 years the aim is for the majority of
sales to come from applications that support the Global drive to
net zero carbon emissions, enabling the energy transition. TFP and
TFPH specialise in enabling customers to develop market leading
solutions, in areas such as PEM water electrolysis, hydrogen fuel
cells, wind energy and carbon capture.
To find out more about TFP and TFP Hydrogen Products, their
materials and how they make a difference, please visit:
www.tfpglobal.com and www.tfphydrogen.com.
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END
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