Cummins enters joint venture with NPROXX
By Jim Gibbins - 1st July 2020
USA / The Netherlands / Germany - Cummins Inc of Columbus, Indiana has agreed to form a joint venture with Dutch startup, NPROXX bv of Heerlen, a specialist in hydrogen storage and transportation, for hydrogen storage tanks with facilities in The Netherlands and Germany. The joint venture will continue under the name NPROXX and is expected to be finalised in early 2021.
Tom Linebarger, Chairman and CEO of Cummins, said: “In order to move toward a decarbonised future, the world will require multiple power solutions including advanced diesel, natural gas, electrified power, fuel cells, hybrids and other solutions and Cummins is committed to leading the way and being the provider of choice. The addition of hydrogen storage to our existing capabilities in hydrogen production and fuel cells enables us to accelerate the viability and adoption of these technologies in commercial markets.”
