The Japanese multinational industrial gas manufacturer is pursuing expansion of gas-related technologies through M&A under its open innovation strategy under the Ortus Stage 2, medium-term management plan.
TNSC said in recent years it has been striving to strengthen hydrogen and HyCO as one of the key gas businesses.
Under the partnership with ALLY, TNSC will expand its product portfolio by leveraging ALLY’s hydrogen generator.
“The aim is to capture rising demand of hydrogen onsite supply with its global sales network,” TNSC explained in a press release.
“Through these efforts, TNSC will secure sustainable revenue base in the key industry segments such as steel, chemical, glass.”
“Furthermore, TNSC will also look into collaboration with ALLY in the development of high value-added hydrogen solutions, with its strong expertise in technology related to gas handling and combustion.”
Established in 2000 in Sichuan China, ALLY provides small-mid scale of hydrogen generators in China.
The company’s professional operation leads to the awarding of major China’s state-owned enterprises.
ALLY has engaged with numerous China national projects, such as the refuelling system for a hydrogen fuel cell vehicle at the Beijing Olympic Games.
ALLY is present in a number of Asian countries, such as Thailand, Philippines, Taiwan, Korea, and India.