Simaba and Ultimate Seal on Friday announced an agreement to strengthen the partnership at UTIS to develop sustainable projects related to hydrogen production, hydrogen continuous combustion and internal combustion improvement systems.
In a statement, the two companies explained that the initial partnership between Ultimate Cell and the group was developed in 2018 at its Secil subsidiary, but with the extension of the partnership to Ultimate Power, the investment is now in the world of Semapa.
The process included the acquisition of Ultimate Power’s assets by UTIS, “allowing to join the development and manufacture of continuous combustion improvement systems already developed by UTIS, to develop and manufacture internal combustion systems and also to develop and manufacture hydrogen production, operated by Ultimate Power,” he explained.
“After the merger of the companies on June 30, 2022, the Semapa Group and Ultimate Cell Group retain a 50% stake in the capital of UTIS, after the merger of Ultimate Power’s assets,” they say in the same note. .
Regarding these technologies, the statement explains that in 2018, UTIS developed an innovative product, called UC3 – Continuous Combustion End-Cell, which “allows a very significant reduction in the use of fossil fuels, emission levels of pollutants into the atmosphere and the energy bill in continuous combustion operations.”
“This technology is unique in the world and is applied to industrial furnaces and boilers in various fields of material production such as cement, glass, pulp, iron and steel, biomass thermal power plants, municipal solid waste incinerators, energy and others.”, they point out.
For its part, Ultimate Power has developed technology that “allows to improve the internal combustion of engines in a completely safe way, allowing to reduce fuel consumption and the emission of polluting gases”.
“This technology can be applied to diesel, biodiesel, gasoline, ethanol and LPG engines, thus covering a variety of systems: cars, boats, trucks, generators, trains, ships and more,” the statement said.
“The hydrogen sector has shown a trend of sustainable growth in recent years, being a strong commitment for Semapa to strengthen its strategic investment pillar and to enter into a business with high development potential and a strong nature of sustainability,” he says. Collection.
In the statement, Ricardo Perez, CEO of Simaba, says he believes in “the importance of investing in projects with high growth potential on a global scale, which contribute to sustainability,” adding that “this is one of those projects.”
Vítor Gonçalo, CEO of Ultimate Cell, notes that “through this integration, we have been able to expand our team to include more than 60 employees.”
Ultimate Cell is a Portuguese company, which has invested since its inception in research and development (R&D) for hydrogen-focused products.
UTIS – Ultimate Technology to Industrial Savings, is a Portuguese company founded in 2018, a joint venture between Ultimate Cell and now Semapa to create a strategic solution aimed at energy efficiency.
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