In conjunction with the Connecting Green H₂ APAC Conference (CGHA) 2024 held in Melbourne last week, Hydrexia Pty Ltd (Hydrexia), a wholly-owned subsidiary of Hydrexia Holding Limited, a leading integrated H₂ refueling station (HRS) solution provider, and Victorian H₂ and Ammonia Industries Ltd (VHI), the developer of a large-scale net negative emission H₂, ammonia and urea project in the Australian state of Victoria's Latrobe Valley, today announced that the two companies have signed a Memorandum of Understanding (MoU). The planned cooperation emanating from the MoU will utilize the combined market skills and technologies of both companies to best meet the H₂ development needs in the Victorian and Australian marketplace.

Under the terms of the MoU, Hydrexia and VHI will work closely to leverage Hydrexia's technology to provide safe, reliable, cost-effective relocatable HRS units to support VHI's intended development of HRS infrastructure along Victoria's main highway routes. To date, Hydrexia has designed, installed, constructed close to 100 HRS units globally, including the world's largest in China, along with installations of over 170 H₂ purification plants.

"The MoU provides us with the opportunity to collaborate with a new partner in yet another new market. We are extremely pleased to work with VHI to develop the H₂ market in Australia," said Ashley Mills, the Head of Commercial of Hydrexia Pty Ltd. "The new venture will enable us to best utilize our H₂ technology solutions to serve the needs of VHI in the Australian market," Mills added.

"We have selected Hydrexia because of its proven H₂ refueling station technology along with its total H₂ handling and storage solution capability," said Allan Blood, Executive Director of VHI. "We believe the experience and skills of Hydrexia will add significant value to the state of Victoria, in particular, to receive benefit from the emerging H₂ economy and assist with the state's environmental objectives going forward," Blood continued.

Hydrexia's technology will assist VHI in its plans to accelerate decarbonization of transport emissions by developing refueling infrastructure for heavy goods vehicles, initially along the Gippsland Highway in regional Victoria, and then elsewhere along the major eastern Australia transport routes.

The planned cooperation with VHI represents the beginning of Hydrexia's investment in the future growth of the Australian market. Hydrexia has been actively expanding its business operation in the H₂ markets in Southeast Asian countries where its business has been growing rapidly, having secured strategic partnership, joint venture, and business contracts in the first six months of 2024. Hydrexia is fully committed to serving the technology and solution needs of its customers globally.