Johnson Matthey, 8 Rivers Capital inks MoU for commercialization of clean H2 process
Johnson Matthey and 8 Rivers Capital have announced that they have entered into a Memorandum of Understanding (MoU) to cooperate towards the commercialization of 8 Rivers' clean hydrogen process (8RH2). This collaboration will combine 8 River's carbon capture technology with LCH™, Johnson Matthey's award-winning technology to produce blue hydrogen.
The innovative LCH and 8RH2 integrated solution is a highly efficient process to produce clean hydrogen and is ready to be deployed today, addressing the world's net-zero needs immediately. This collaboration aims to accelerate the rollout of global projects producing clean fuels, incorporating up to nearly 100 percent carbon capture. These clean fuels could include hydrogen, ammonia, and sustainable aviation fuels.
As members of the Sustainable Markets Initiative, both Johnson Matthey and 8 Rivers have pledged to invest in clean hydrogen technologies. This collaboration will increase technology options for clean hydrogen production and enable wider access to 8 Rivers' and Johnson Matthey's industry-leading technologies.
Jane Toogood, Chief Executive of Johnson Matthey's Efficient Natural Resources Sector, said: "Johnson Matthey is a world leader in syngas and hydrogen technologies, and working with 8 Rivers provides an exciting opportunity to advance the roll out of low carbon technologies. We are delighted that 8 Rivers has recognized the differentiated value our LCH can bring to their technology. This collaboration will help JM further strengthen our leading position in deploying low emission hydrogen technologies at scale."
Cam Hosie, Chief Executive of 8 Rivers Capital, said: "Hydrogen will play a critical role in helping the world to achieve net-zero targets by addressing hard-to-decarbonize sectors, from fertilizer manufacture to global shipping fleets. 8 Rivers has been driving the energy transition for a decade and working together with Johnson Matthey will enable collaboration on future low emission global hydrogen projects"