Lummus and Advanced Ionics establish partnership for green hydrogen
Lummus Technology, a global provider of process technologies and value-driven energy solutions, has announced a new partnership with Advanced Ionics, a low-cost green hydrogen (H2) technology provider.
This partnership includes an investment from Lummus Venture Capital to accelerate the commercialization of Advanced Ionics' H2 electrolyzer technology and support the decarbonization efforts in the refining, gas processing and petrochemical industries. Lummus will also provide engineering services and supply proprietary equipment to create additional green H2 capacity for new builds and existing H2 users or producers.
"Lummus has a proven track record of serving as a launchpad for innovative technologies," said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. "With Advanced Ionics, we will leverage this experience to develop and deploy cost-efficient solutions that advance green hydrogen production and help decarbonize key sectors of the downstream energy industry."
"Water vapor electrolyzers address two of the biggest challenges to expanding green hydrogen production: capital costs and electricity requirements," said Chad Mason, CEO of Advanced Ionics. "Our partnership with Lummus Technology – and their additional investment – marks a pivotal next step in accelerating the commercialization of technology, which was purpose-built for decarbonizing heavy industry."
By harnessing waste heat and low-cost clean electricity, Advanced Ionics' Symbion™ Electrolyzers use up to 40% less electricity per kilogram of H2 produced than alkaline and PEM technologies. The system's modular design allows for rapid deployment, ease of operation and maintenance, and the use of widely available components helps reduce capital costs.
Lummus is a global licensor of H2 technology for refinery, petrochemical and other industrial gas applications. Lummus' portfolio includes designs and technology for blue H2 and synthesis gas plants using steam methane reforming and auto-thermal reforming technology with natural gas, liquefied petroleum gas and naphtha feedstocks.
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