Industrie De Nora S.p.A.

07/12/2024 | Press release | Distributed by Public on 07/12/2024 01:40

De Nora received the 2024 National Invention Award in Japan, together with Yokohama National University and ENEOS Corporation

Milan, 12th July 2024 - De Nora Permelec Ltd., a subsidiary of Industrie De Nora, Yokohama National University and ENEOS Corporation, have been awarded the "Future Creation Invention Encouragement Award" and the "Future Creation Invention Contribution Award" at the "Reiwa 6 National Invention Award", sponsored by the Japan Institute of Invention and Innovation.
The National Commendation for Invention aims to improve science and technology and develop industry in Japan. It recognizes inventions and designs that made or are expected to make significant achievements in the future due to their excellence.
The invention for which the three parties have been awarded is an organic hydride production apparatus and a manufacturing method for a highly durable hydrogen carrier called methylcyclohexane. Specifically, hydrogen carriers are organic compounds capable of reversibly binding and releasing hydrogen under safe conditions, thereby serving as storage media for hydrogen, a versatile energy vector. The allure of these organic carriers stems from their ability to address key challenges associated with hydrogen storage and transportation. Unlike gaseous or cryogenic hydrogen storage methods, hydrogen carriers offer high volumetric and gravimetric hydrogen densities, like conventional liquid fuels, enabling compact and energy-dense storage.
The award-winning organic hydride electrolytic synthesis method, named Direct MCH®, is based on the electrochemical reaction of reducing toluene to methylcyclohexane using electricity derived from renewable energy. This way, methylcyclohexane, a substance with petroleum-like characteristics that is easy to ship, is produced. The awarded technology significantly reduces shipping costs compared to conventional methods, which involve storing hydrogen produced by water electrolysis in a tank by chemically reacting it with toluene and is expected to contribute to realizing a carbon-neutral society.
The invention was possible thanks to research in the Strategic Innovation Promotion Program (SIP) of the Japan Science and Technology Agency: it solves the problem of durability, which quickly reduces manufacturing efficiency, and can be scaled up to a pilot scale, contributing to the demonstration's success in constructing a CO2-free hydrogen supply chain in Australia in 2023.
The three parties will continue to promote the development of the Direct MCH® technology to enhance its cost-competitiveness. This will ultimately shape a full-fledged hydrogen-fed, decarbonized, and recycling-oriented society and steadily advance the next-generation energy transition.

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Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange, specializing in electrochemistry, a leader in sustainable technologies, and has a pivotal role in the industrial green hydrogen production chain. The Company has a portfolio of products and systems to optimize the energy efficiency of critical industrial electrochemical processes and a range of products and solutions for water treatment. Globally, Industrie De Nora is the world's largest supplier of activated electrodes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and non-ferrous metal refining). Industrie De Nora is also among the world's leading suppliers of water filtration and disinfection technologies (for the industrial, municipal and swimming pool sectors) and the world's leading swimming pool disinfection components supplier. Leveraging its well-established electrochemical knowledge, proven manufacturing capability, and a supply chain established over the years, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition. In this sector, the company also holds 25.85% of thyssenkrupp nucera AG &Co. KGaA, a joint venture established with the thyssenkrupp group.
Founded in 1923, Industrie De Nora generated around EUR 856 million in total revenues and an Adjusted EBITDA of approx. EUR 171 million in 2023. The Company's growth process has developed organically through continued penetration of new markets and applications and through acquisitions in the U.S., Asia, and Europe. De Nora's continuous innovation drives its growth, represented by its evolving intellectual property portfolio, which currently includes more than 280 patent families with more than 2,800 territorial extensions. The De Nora family controls the Group, which owns 53.3% of the Company's share capital. Snam S.p.A. is a minority shareholder with about 21.6% of the capital.

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