Drillmec OK’s 35 mn euro investment plan in energy transition

| | New Delhi
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Drillmec OK’s 35 mn euro investment plan in energy transition

Saturday, 02 April 2022 | PNS | New Delhi

The board of directors of Drillmec, a Piacenza-based company in the Oil and Gas sector, part of Indian infrastructure giant Meil Group has approved the investment plan for over 35 million Euros in the energy transition which includes initiatives in production of hydrogen through the most advanced technologies available such as electrolysis, pyrolysis and the design and construction of CO2 capture and storage systems and last but not least geothermal energy.

In this context, Drillmec has launched the company Idrogena, a start-up dedicated to the development and industrial production of a pyrolytic converter for the production of ultra-clean hydrogen.

The converter designed by the Idrogena team with personnel with over thirty years of experience in process engineering, through pyrolysis will produce hydrogen without the use of pollutants.

“We are pleased to announce this new initiative in our country which is consistent with our history, which is to innovate and develop responsible and safe technologies capable of incorporate energy, social and environmental needs,” said Simone Trevisani, CEO of Drillmec SpA.

This revolution will allow the production of hydrogen without CO2 emissions, in fact among its strengths will be the ability to prevent the generation of carbon dioxide by producing in its place precious graphite used by large industrial sectors, such as the automotive, cosmetics and pharmaceutical ones.

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