Published by Todd Bush on April 17, 2024
The company is tasked with the production of high-precision metal components for fuel cells and electrolyzers. This successfully marks Feintool’s entry into the European market, following the company’s nomination in China by a leading market player.
>> In Other News: KBR Green Ammonia Technology Selected for Fortescue's Project in Norway
The contract, which was awarded by a renowned European company specializing in fuel cells and electrolysers, involves the series supply of several components, including high-precision flow field plates. Initially, the order volume is expected to reach several million euros per year.
«Feintool is investing in Europe's energy future with hydrogen technology and making an important contribution to environmental sustainability. The new contract confirms our strategy of focusing on future markets within the green energy sector.» Torsten Greiner, CEO Feintool.
This contract comes after close collaboration with the customer, which included the development and production of prototype tools and prototype parts. It builds on the successful joint production of hydrogen components by Feintool and its partner SITEC.
While the German company SITEC contributes its expertise in industrial laser welding, Feintool produces ultra-precise components in high volumes.
The successful partnership between SITEC and Feintool is evident in our site in Taicang (China), where in 2024 series production of precision metal components for the hydrogen economy in the Asian market will start.
Feintool is an international technology and market leader in electrolamination stamping, fineblanking, and forming. We manufacture high-quality precision parts in large volumes from steel.
We supply the automotive industry, energy infrastructure equipment providers, and all manner of high-end industrial manufacturers. Feintool's products perfectly complement the mega-trends for green energy generation, storage, and usage.
Our core technologies deliver measurable cost-efficiency, consistent quality, and improved productivity. Feintool constantly expands the horizons of its production methods and develops intelligent solutions, innovative tools, and state-of-the-art manufacturing processes in line with customer needs.
Founded in 1959 and headquartered in Switzerland, the company has 17 production sites, 3,200 employees and over 100 vocational trainees in Europe, the USA, China, Japan and – as of 2025 – India. In 2023, turnover amounted to 848 million Swiss francs. Feintool is publicly listed and majority-owned by the Artemis Group.
Attachments:
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✈️ Delta and Shell Ink 5-Year SAF Deal Across 5 US Hubs 🌲 Plumas County Receives Top Bioenergy Rating, Opening Door for Biomass Investment 📜 Rep. Kiley Introduces Bill to Incenti...
Inside This Issue 🔋 Why $1.7B Is Betting on Fuel Cells Over Nuclear for AI 🍁 Air Canada and Airbus Launch Joint Initiative to Scale Domestic Canadian SAF and Help Reduce the Life-Cycle Emissions o...
Inside This Issue 🍁 Alberta Cuts Carbon Costs to Fast-Track Pathways CCS 🏛️ EU Unveils Sweeping ETS Overhaul With €100 Billion Industrial Decarbonisation Bank 🌱 Consultation: Major Revision to Bio...
Acquisition of additional permits covering 660,263 acres or 2,672 sq. km, including the Aurora Project adjoining Lawson and striking southeast toward Moose Jaw, enhances Natural Hydrogen commercial...
Climeworks Solutions Launches Compliance-Ready Carbon Removal Offering As Policy Advances
Expanded offering helps organizations source carbon removal portfolios aligned with evolving compliance frameworks including CORSIA, Article 6.2 mechanisms, and the EU Carbon Removal and Carbon Far...
Three QIMC field crews now active on the ground conducting soil-gas sampling to densify hydrogen anomalies and ground magnetic surveying along the Cobequid-Chedabucto Fault Zone QIMC's record DDH-...
Sustainable aviation fuel (SAF) could become a major driver of Canada's industrial and economic growth, while contributing to the global aerospace industry's aspirational goal to achieve 'net-zero ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.