DECRYPTION – The chemical group will invest 200 million dollars in France to take advantage of this booming market.
France is still able to attract foreign investment for industry. And that’s good news, as we keep talking about the energy crisis, inflation and the economic slowdown. This Thursday, Roland Lescure, the Minister Delegate in charge of Industry, goes to Villers-Saint-Paul (Oise), on the site of the chemist Chemours, which announces an investment of 200 million dollars.
The American group is targeting the hydrogen market. Its copolymer fluoropolymer membranes, under the Nafion brand, are used both in electrolysers, which transform electricity into hydrogen, and for fuel cells, which carry out the reverse process. “Chemours is one of the very first players in the field of membranes for the hydrogen industryaccurate to Figaro Mark Newman, CEO of Chemours. And we are looking at double-digit growth for the next few years.”
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