Nobian and Macquarie Asset Management have announced the sale of HyCC (the Hydrogen Chemistry Company) to Power2X. This transaction supports the next phase of HyCC’s commercial development, positioning the business to accelerate commercial deployment of large-scale green hydrogen solutions under the new ownership. 

Power2X is strategically focused on decarbonizing hard-to-abate sectors through green molecule projects. It is committed to developing and scaling HyCC’s operations, in line with its portfolio and long‑term growth strategy. Power2X will assume full operational and commercial responsibility for the joint venture.

This transition is consistent with Nobian’s strategic focus. With core expertise in chlorine electrolysis remaining closely connected to the green hydrogen value chain. We will continue producing and commercializing green certified hydrogen at our integrated chlor-alkali plants in the Netherlands and Germany, where synergies, reliability, and efficiency are strongest. We will further leverage our core competencies and existing operations through innovative projects, such as the production of battery chemicals. 

Founded in 2021, HyCC has played a pioneering role in developing large-scale green hydrogen solutions for hard-to-abate industries. We thank all employees, partners, and stakeholders who shared our vision and helped guide HyCC to its current position.