Lhyfe and Fives Offer a Complete Solution for Decarbonizing Industrial Combustion Processes Using Green Hydrogen

Lhyfe (Euronext: LHYFE), one of the world’s pioneers in the production of green and renewable hydrogen, and Fives, a world leader in industrial combustion, have announced the signing of a memorandum of understanding to provide a complete decarbonised offer for industry, from hydrogen production to combustion. 

This offer speeds up energy transition by facilitating the use of hydrogen in process industries, without needing to modify all the equipment. Lhyfe will produce and supply green hydrogen and Fives will provide optimised and safe solutions for its use in industrial combustion processes. 

In recent years, the combustion of hydrogen, which emits no CO2, has emerged as one of the most promising solutions for reducing the carbon footprint of industrial processes. 

For example, a secondary aluminium furnace that today produces 120 tonnes per day using natural gas would tomorrow reduce its annual CO2 emissions by more than 4,000 tonnes with the use of hydrogen*. 

As recognised experts in their respective fields, Lhyfe and Fives will focus primarily on the metals, glass and cement industries and some selected industrial heating processes and applications in Europe and North America. 

Lhyfe | https://www.lhyfe.com/

Fives | https://www.fivesgroup.com/