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 🌍 5 Key Carbon Removal Innovations That Shaped 2024 🧪 New Material Could Capture Millions of Tonnes of Atmospheric Carbon 💰 DOE Re-opens Funding Opportunity, Making $500 Million ...
Inside This Issue 💰 OCED Announces up to $1.8 Billion in New Funding for Transformational Direct Air Capture Technologies 🌱 BP Announces Investment Decision for “Lingen Green Hydrogen” Project 🧪 C...
Inside This Issue 🌊 ExxonMobil Partners with Worley for Groundbreaking Blue Hydrogen Facility in Texas 🏗️ Holcim Group to Test Capsol’s Carbon Capture Technology as a Step Towards Decarbonized Cem...
UP Catalyst Wins World Economic Forum’s Prestigious Carbon Capture and Utilization Challenge
UP Catalyst, a leader in renewable carbon material production, has been awarded first place in the prestigious World Economic Forum Carbon Capture and Utilization (CCU) Challenge. The challenge eva...
SBTi Updates Decarbonization Plans for Oil, Gas, Chemicals, and Power Sectors
Critical industries targeted: New criteria aim to decarbonize high-impact sectors accounting for the bulk of global emissions. Public consultations open: Stakeholders invited to shape the stan...
Carbon Removal Tech Startups Leading the Way in Sustainability
Startups like Equatic and Climeworks are revolutionizing the carbon removal landscape with innovative technologies that aim to reduce atmospheric CO2 levels. These companies not only help business...
Cutting Carbon: U.S. Advances Ambitious Climate and Hydrogen Goals
The United States is doubling down on its efforts to tackle climate change with bold new targets and strategies. On December 19, 2024, President Joe Biden announced a groundbreaking plan to reduce...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.