On January 11th, Plastic Omnium and Shenergy Group subsidiary Rein announced the setting up of a 50/50 joint venture based in Shanghai to manufacture and market type III and IV high-pressure hydrogen storage systems for the commercial vehicle market in China. Plastic Omnium and Shenergy Group also signed a memorandum of understanding to extend strategic cooperation around building hydrogen eco-systems and contributing to the roadmap for carbon neutrality in China.
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