Danish technology provider Haldor Topsoe says it has signed a €45 million loan agreement with the European Investment Bank (EIB) to support R&D investments in innovative technologies that can lead to carbon emission reductions. The EIB financing is supported under the European Fund for Strategic Investments (EFSI), the main pillar of the European Commission’s Investment Plan for Europe. The company says the European funding highlights its commitment to developing new technologies to support energy intensive industries in their transition towards a low-carbon future.
“Transitioning society towards clean energy solutions is vital in the battle against climate change. This funding will support our research into innovative hydrogen technologies that will ultimately enable our customers to produce low-carbon products for society,” says Roeland Baan, CEO of Haldor Topsoe. “We are thankful for the funding, which is a testimony to our strong cooperation with the EIB.”
The R&D investments backed by the EIB financing support Haldor Topsoe’s ambition to develop new technologies and catalysts to assist its customers in the transition towards the increased use of renewable energy, as well as the carbon neutrality of industrial operations. In line with this goal, the company specifically focuses on R&D activities with the highest potential for reducing carbon emissions.
A clear focus are R&D investments for the development of new catalysts, catalytic technologies and innovative hydrogen technologies that are expected to reduce carbon emissions. Some of the most promising environmentally friendly technologies in that regard are intended for the production of greener chemicals and renewable fuels, such as green hydrogen, green ammonia, biofuels and electrified methanol, according to the company.
For more information, visit: www.topsoe.com
