Pure Hydrogen in hydrogen waste truck deal with Bucher
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Pure Hydrogen has reached an agreement with Bucher Municipal to collaborate on hydrogen-powered waste collection trucks in Australia.
Under the preferred supplier agreement, Bucher – a developer and manufacturer of environmentally sustainable machinery and systems – will supply waste collection truck bodies including the electronic side lifter arm to pick up garbage bins and the compactor on garbage trucks to Pure Hydrogen (ASX:PH2).
Bucher will also supply a waste collection truck body for use in the JJ’s Waste trial garbage truck, for which all components have been ordered.
The term sheet also provides for terms that will see Pure Hydrogen and Bucher progress negotiations for Bucher to supply refuse truck bodies integrated to Hydrogen Fuel Cell Electric Vehicle (HFCEV) waste collection trucks to Pure’s customers.
The PSA is a 60-month supply contract starting form 1 July 2022 with the option of extending the agreement for an additional year and positions Pure Hydrogen as a leading supplier of both affordable hydrogen and hydrogen fuel cell powered heavy commercial vehicles to councils and businesses across Australia.
“We are delighted to be partnering with Bucher Municipal for the supply of waste collection bodies,” managing director Scott Brown said.
“The market for garbage trucks running on clean green hydrogen fuel is significant and will help what is a very large industry reduce its emissions and its fuel costs.”
Bucher Municipal general manager sales and marketing Luke Aitken added that the partnership is an excellent opportunity as reducing the environmental impact of our products and services was a key element of Bucher Municipal’s sustainability strategy.
“Our company believes in solving challenges through technology and we strive to develop new equipment that also maximises uptime and delivers the best return on investment for our customers,” he added.
This article was developed in collaboration with Pure Hydrogen, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions