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Tata Chemicals, Encirc, InterGen, Solvay, Ingevity, Novelis, Glass Futures, and Saica Paper have already indicated an interest in purchasing hydrogen from Vertex, according to Essar, which controls 90% of the company.

A wave of hydrogen companies will go public and the increase of alkaline electrolyzers in the market share compared to other technologies, are some of the projections made by the international organization.