ERCO Worldwide, headquartered in the Greater Toronto Area, Canada, agrees to sell its North Vancouver Industrial Land and co-locate a 15 TPD Clean Hydrogen Plant in North Vancouver, BC.

HTEC, Canada's leading clean hydrogen solutions company, has entered into an agreement with ERCO Worldwide ("ERCO") to purchase its industrial land in North Vancouver, BC. ERCO will lease back a portion of the land on a long-term basis to continue its manufacturing operations, including the generation of by-product hydrogen gas through electrolysis. HTEC intends to construct a 15- tonne per day clean hydrogen plant to capture, purify and process the by-product hydrogen to meet the growing market demand for low-carbon transportation fuels.

The transaction is subject to customary commercial closing conditions and is anticipated to close in March 2023.

The link to HTEC’s announcement can be found here.

About ERCO Worldwide, LP

For over a century, ERCO Worldwide has stood as an industry leader in the manufacture of inorganic chemicals. We have a strong reputation for innovation, helpfulness, and premium service. We credit our deep-rooted history and hard-earned reputation to our inspiring employees and their unwavering commitment to serving our customers and planet. ERCO endeavors to provide unmatched value and expertise through sustainable, intelligent, and reliable products and solutions, creating genuine customer relationships.