Yebisu Garden Place Tower 22nd Floor
4-20-3, Ebisu, Shibuya-ku, Tokyo 150-6022, Japan
Phone: +81-3-3443-3717Fax: +81-3-3443-3263
URL: https://www.nikkiso.com

Press Information
June 20, 2024

Nikkiso Clean Energy & Industrial Gases Group to Deliveraround Two Dozen Liquid-Based Hydrogen Stations in South Korea
Nikkiso Clean Energy & Industrial Gases Group, part of Nikkiso Co. Ltd.’s Industrial division,
announced that after its most recent award by SK Plug Hyverse, the Group has contracts to buildand maintain approximately two dozen liquid-based hydrogen (LH2) fueling stations in SouthKorea.

As more buses and heavy-duty trucks look to lower carbon emissions while keeping long-distancedriving capabilities, many fleet operators, transit authorities, and agencies are looking to liquidhydrogen as a solution for quick-fills and long-distance routes. Nikkiso’s experience developing
and manufacturing cryogenic pumps for more than 70 years and alternative fuels fueling stationsfor 26 years is attracting companies like SK Plug Hyverse that want capable partners to help growSouth Korea’s hydrogen infrastructure and economy.
“SK Plug Hyverse is tremendous partners for Nikkiso in South Korea because together we bring
exceptional capabilities and people to support South Korea’s progressive approach toestablishing a competitive hydrogen economy,” said Peter Wagner, CEO, Nikkiso Clean Energy& Industrial Gases. “Nikkiso admires South Korea’s productive and pragmatic approach toscaling up the hydrogen economy, and we look forward to further opportunities supporting itsefforts.”“There aren’t many companies that have Nikkiso’s vertically integrated fueling station within-house liquification systems and trailer loading systems, cryogenic pumps, vacuum insulatedpipe, vacuum insulated vessels, cryogenic vaporizer, industrial controls, permitting, installation,and maintenance services” said Mike Mackey, President, Fueling & Solutions, Nikkiso Clean
Energy & Industrial Gases. “We’ve been building alternative fueling stations since 1998 and areproud that the work we do supports a cleaner, healthier world.”
Several liquid hydrogen stations in South Korea have already been commissioned, successfully
fueling buses back-to-back, and ramping up to capacity. The remaining stations in South Korea
will be brought online over the next 12 months.

About Nikkiso Clean Energy & Industrial Gases GroupThe Nikkiso Clean Energy & Industrial Gases Group is a leading provider of cryogenic
equipment, technologies and applications for clean energy and industrial gas market segments.
The Group employs more than 1,600 people in 22 countries and is headed by Cryogenic
Industries, Inc. in Southern California, U.S., which is a wholly owned subsidiary of Nikkiso Co., Ltd.
(TSE: 6376).
About SK Plug Hyverse
SKPH is a joint venture between SK E&S and Plug Power Inc, a leading provider of turnkey
hydrogen solutions for the global green hydrogen economy, to pursue integrated solution
businesses throughout the clean hydrogen value chain in Asia.
About Nikkiso
Since its establishment in 1953, Nikkiso has contributed to solving social issues by anticipating thechanging times with world-first and Japan-first technologies and products. In the industrial business,
Nikkiso has created new markets by developing products in the energy field, hemodialysis-related
products in the medical business, and CFRP (carbon fiber reinforced plastic) aerostructures in theaerospace business.
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NIKKISO CO., LTD.
YebisuGardenPlaceTower22nd Floor,4-20-3,Ebisu,Shibuya-ku,Tokyo
150-6022, Japan
December 26, 1953
Toshihiko Kai
Nikkiso provides specialized pumps and systems in the Industrial Business,
CFRP (carbon fiber reinforced plastic) aircraft parts in the Aerospace
Business and hemodialysis related products in the Medical Business.
https://www.nikkiso.com/

For inquiries, please contact:
PR Section, Corporate Planning Department,
Corporate Planning Division, NIKKISO CO., LTD.
E-mail: nikkiso-pr@nikkiso.co.jp