Cemex has increased its investment in HiiROC to leverage its innovative hydrogen production technology, advancing its sustainability goals while supporting HiiROC's growth in the emerging hydrogen market.

Target Information

HiiROC is an innovative UK startup established in 2019, specializing in low-cost, zero CO2 emission hydrogen production. The company utilizes its proprietary Thermal Plasma Electrolysis (TPE) process to produce hydrogen in a manner that significantly reduces the CO2 emissions typically associated with conventional methods such as steam methane reforming and water electrolysis. HiiROC's approach not only eliminates harmful emissions but also generates carbon black, a valuable byproduct that can be repurposed for various industrial applications.

Industry Overview in the UK

The hydrogen production sector in the UK is experiencing a transformative phase as the country aims to decarbonize its economy and achieve net-zero emissions by 2050. The government's commitment to funding hydrogen projects and fostering innovative energy solutions has positioned the UK as a leader in hydrogen technology. There is growing recognition of hydrogen's potential as a clean energy source, especially in hard-to-decarbonize industries such as cement and construction.

As the UK construction industry strives to meet sustainability targets, hydrogen is seen as a viable alternative to traditional fossil fuels. Reducing reliance on fossil fuels is crucial for both lowering C