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Plug Power Expands Hydrogen Supply Chain Partner Network with United Hydrogen
GlobeNewswireSeptember 18, 2019, 1:05 PM GMT+2
New relationship comprises three-year reserved product supply agreement, augmenting Plug Power’s hydrogen supplier network.

LATHAM, N.Y., Sept. 18, 2019 (GLOBE NEWSWIRE) -- Plug Power Inc. (PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, and United Hydrogen an innovative hydrogen fuel supplier have announced a new hydrogen supply agreement. The alliance was formalized earlier this month with the signing of a three-year reserved product supply agreement between the two companies and will allow Plug Power to maintain competitive pricing for its current customer base, while also provisioning for future growth. Under the agreement, United Hydrogen will supplement Plug Power’s hydrogen delivery operation with a dedicated supply of liquid hydrogen—facilitating a diversified supply chain and bolstering Plug Power’s ability to seamlessly meet customer demand while increasing the amount of ‘green’ hydrogen supplied to its network.

“Hydrogen is, and should be, a competitive market,” said Andy Marsh, CEO, Plug Power, “and it’s crucial that we continually take steps to strengthen our supply chain and identify new, exciting partners in our efforts to grow global hydrogen and fuel cell markets. United Hydrogen is one of many such partners that show us what these relationships should look like. They’re far more than just a supplier; they are a true supply chain partner in every sense. We’re already working with the United Hydrogen team in conjunction with a handful of Plug Power customers, and we couldn’t be happier with the results.”
 
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Autor (Datum des Eintrages): zocker1564  (18.09.19 13:16:28)
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