Luxfer Holdings plc

02/05/2021 | Press release | Distributed by Public on 02/05/2021 15:29

Luxfer Plays Part of ‘Green Industrial Revolution’

Luxfer Plays Part of 'Green Industrial Revolution'

5 February 2021

Luxfer Gas Cylinders developed its hydrogen fuel storage to address the world's need for cleaner and more sustainable energy.

MANCHESTER, England -- Luxfer Holdings PLC (NYSE: LXFR), a global manufacturer of highly-engineered industrial materials ('Luxfer' or the 'Company'), today announced a five-fold increase in the number of enquiries for its hydrogen fuel storage in 2020.

As the world's largest manufacturer of high-pressure composite and aluminum cylinders, Luxfer Gas Cylinders has unrivalled industry leading expertise in designing and supplying the storage systems that hold the alternative fuel.

'Over the next two years, our industry is going to see a step change in the variety of new applications for hydrogen in areas we perhaps did not even think of a few years ago,' said Jim Gregory, European Business Development Manager at Luxfer Gas Cylinders. 'In 2019 the demand we saw was primarily for public transport, road freight and some cars. In 2020, the range of applications has expanded significantly - we began working on projects relating to other transport modes including boats, construction equipment, forklift trucks and aerospace projects.'

As a member of Hydrogen Europe and other similar bodies around the world, Luxfer is helping to advance the use of hydrogen by working alongside innovators in every sector that currently relies on fossil fuel. With transportation one of the highest pollution-emitting sectors, Luxfer is at the forefront of enabling decarbonization pathways to achieve a net-zero emissions future.

To read the full publication and for more information about Luxfer's sustainability initiatives, please visit our website:

https://www.luxfer.com/about/environment-social-and-governance/

About Luxfer Holdings PLC

Luxfer is a global manufacturer of highly-engineered industrial materials, which focuses on value creation by using its broad array of technical know-how and proprietary technologies. Luxfer's high-performance materials, components, and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation, and general industrial applications. For more information, please visit www.luxfer.com

Luxfer is listed on the New York Stock Exchange and its ordinary shares trade under the symbol LXFR.


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Luxfer Holdings PLC
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