Strohm Holding B.V.

Strohm Holding B.V.

Netherlands-based hydrogen pipeline company

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Investment size
£8m
Date announced
August 2022
Co-investors
Shell Ventures, Chevron Technology Ventures, Evonik Venture Capital
Category
Storage & distribution
Why invested

  • Global market leader in design and manufacturing of Thermoplastic Composite Pipe (“TCP”)
  • TCP is more cost-effective than steel pipe and has c.50% less greenhouse gas emissions on as-installed basis
  • TCP can transfer up to nine times the amount of energy compared to a cable, and can be used to store hydrogen
  • TCP’s flexibility, lack of corrosion, fatigue and embrittlement make it the superior pipeline solution for offshore wind farms, generating hydrogen
Visit Strohm website