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Powering the Hydrogen Future: Hy24 Signs Deal to Acquire Hynamics
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Powering the Hydrogen Future: Hy24 Signs Deal to Acquire Hynamics

Hy24 has signed an agreement to acquire Hynamics from EDF Pulse Ventures, supporting the next phase of its low-carbon hydrogen business. Hynamics develops projects serving industrial and heavy transport customers in France and the United Kingdom. The proposed acquisition aims to accelerate its project portfolio with specialist investment and expertise. The transaction could close in the first quarter of 2027, subject to regulatory approvals and other conditions.

19 October 2026 · 3 min readRead article
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19 Oct 20263 min read

Powering the Hydrogen Future: Hy24 Signs Deal to Acquire Hynamics

Hy24 has signed an agreement to acquire Hynamics from EDF Pulse Ventures, supporting the next phase of its low-carbon hydrogen business. Hynamics develops projects serving industrial and heavy transport customers in France and the United Kingdom. The proposed acquisition aims to accelerate its project portfolio with specialist investment and expertise. The transaction could close in the first quarter of 2027, subject to regulatory approvals and other conditions.

19 Oct 20263 min read

Beyond Paints: SP Samhwa Unveils Global Chemicals Growth Plan

South Korea’s SP Samhwa is expanding its ambitions beyond paints with a strategy focused on chemical materials and customer solutions. Announced on October 19, the plan prioritises functional and environmentally friendly materials, stronger research capabilities, and smart manufacturing. The company aims to increase overseas units’ contribution to 30% of revenue. The initiative supports its broader ambition to build a stronger international presence.

19 Oct 20263 min read

Covestro Plans Antwerp Overhaul as Europe’s Chemical Industry Faces Pressure

Covestro has announced plans to reorganise polycarbonate production at its Antwerp site, reducing four production lines to one. The proposal also includes discontinuing local production of bisphenol A, a key raw material. Up to 260 employees could be affected, with employee consultations underway. The company aims to improve competitiveness and focus on higher-value materials while continuing its planned aniline investment.

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