Arnhem, 16 July 2019 – HyGear, a supplier of industrial gases through on-site generation and Buse Gases, member of Germany’s Buse Group, a leading supplier in industrial and specialty gases, announced today an establishment of a joint venture company.
The Joint Venture company named, BUSE HyGear Ltd. was set up with the objective to produce, fill and distribute hydrogen in the United Kingdom. It will operate from West Bromwich near Birmingham in the West Midlands at the existing site of Buse Gases Ltd. The company will deploy HyGear’s Hy.GEN technology to produce cost-effective hydrogen and distribute to the existing customers of Buse Gases Ltd, as well as future HyGear’s Gas-as-a-Service customers in the region.
“In order to implement our Gas-as-a-Service model in the UK, we need a reliable and cost-effective source for backup and peak supply in the region for which our Hy.GEN technology can be used effectively. By leveraging Buse’s existing customer base for cylinder hydrogen, this can be done in an economically viable way within a short time frame”, comments Marinus van Driel, HyGear’s CEO.
Buse Group’s CEO Roland Bräkling confirms that, “The UK is a commercially interesting market for cylinder hydrogen and the availability of a local source would allow us to expand on our market share. We believe that the cooperation with HyGear, and the implementation of its Hy.GEN technology will allow us to achieve these goals and provide a more competitive offering for our existing and new customers for hydrogen and specialty gases”.
BUSE HyGear Ltd will commence its initial operations in August 2019. Throughout the course of 2019, the investments in Hy.GEN technology, filling facilities and cylinder racks or trailers will be done. The company is expected to be fully operational in the first quarter of 2020.
Providing an alternative solution for end-users of industrial hydrogen, oxygen and nitrogen gases, HyGear developed cutting-edge technologies of on-site gas generation. With the combination of these systems and conventional gas distribution methods, we offer the most cost-effective and reliable supply method with a guarantee of 100% up-time. Our technical services and customer support is guaranteed by many of our partners worldwide. And to be able to serve our customers more effectively, we have offices in Europe and Asia.
The BUSE Group has grown quickly to become one of the leading independent European suppliers of the full range of Industrial and Specialty Gases and associated products – its portfolio includes cylinder and bulk gases for a wide number of applications including welding, food & drink, medical/pharmaceutical, research, offshore and fire protection. At the centre of Buse’s corporate philosophy are firm commitments to quality, reliability and customer service which have contributed to its growth and to develop its reputation in the markets where it operates as the supplier of choice.
With the development and introduction of new products and supply solutions, the BUSE Group also focuses on expansion and in taking advantage of the gaps in the market caused by the operational rationalisations of the global gases’ suppliers. The BUSE Group recognises the rapidly changing market environment and embraces these changes offering reliability, flexibility and a different customer focused approach.