Hycamite TCD Technologies, a Finland-based cleantech company specializing in low-carbon hydrogen production, has welcomed CMA CGM, a France-based shipping and logistics major, as a new strategic investor.
As informed, Hycamite breaks down methane into clean hydrogen and solid carbon materials using heat and its proprietary low-emission technology. The company can reportedly tailor its products to customer needs and produce them in industrial quantities. Its methane-splitting technology is said to be independently developed and based on research in applied chemistry from the University of Oulu, Finland.