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ROCTOOL: Freudenberg e-Power Systems sign a strategic agreement with Roctool for new Fuel Cell applications

DJ ROCTOOL: Freudenberg e-Power Systems sign a strategic agreement with Roctool for new Fuel Cell applications

ROCTOOL ROCTOOL: Freudenberg e-Power Systems sign a strategic agreement with Roctool for new Fuel Cell applications 01-March-2023 / 18:00 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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Press Release

Wednesday, 01 March 2023 at 6 pm CET

Freudenberg e-Power Systems sign a strategic agreement with Roctool for new Fuel Cell applications

After more than 2 years of engineering studies and technology evaluation, Freudenberg has selected Roctool technology for its innovative fuel cell manufacturing initiatives, dedicated to hydrogen technologies.

Freudenberg is a global technology group focused on its customers. The company has a long-term vision through forward-looking innovations. Together with its partners, customers and the world of science, Freudenberg ?develops leading-edge technologies, products, solutions and services for several market segments globally. Roctool patented induction heating technology provides unique heating capabilities and will support Freudenberg's ongoing innovative fuel cell projects, aiming for a sustainable manufacturing method.

"The partnership with Roctool is for Freudenberg an important milestone in our industrialization strategy and enhances our innovative manufacturing technology in the field of fuel cells for heavy-duty application which has the potential for exponential growth," says Tobias Umseher, Vice President Operations & SCM.

"This significant agreement is a great opportunity for our company. Freudenberg is an internationally renowned group with strong innovations. We are proud to be selected with our heating technologies and look forward to supporting Freudenberg and their new fuel cell products for the years to come. Sustainable applications are Roctool priority today" says Mathieu Boulanger, Roctool CEO.

About Freudenberg e-Power Systems: Freudenberg e-Power Systems is one of the world's leading suppliers of emission neutral energy systems for heavy-duty applications. With its experience and expertise in battery and fuel cell technology, the company offers tailor-made solutions, in particular combined systems, for sustainable and economical e-mobility. With over 700 employees, Freudenberg e-Power Systems supports its customers from application development through to production, commissioning and service. The company is part of the global Freudenberg Group, which has four business areas: Seals and Vibration Control Technology, Nonwovens and Filtration, Household Products as well as Specialties and Others. In 2021 the Group generated sales of more than 10 billion euros and employed more than 50,000 associates in around 60 countries.

More information is available at www.freudenberg.com

About Roctool: Roctool, specializes in rapid heat and cool technologies for plastic injection and composite molding. The processes developed by Roctool are in production in the following industries: automotive, electronics, consumer products, renewable energy, beauty packaging and medical. Roctool is an induction molding technology, working with plastic and composite including recycled materials. Roctool offers Engineering services, induction generators, tooling hardware and on-site support to manufacturers around the globe.

Roctool technologies are well known for removing secondary operations which enable manufacturers to reduce the overall cost of the parts produced, as well as their environmental impact. Headquarters are found in Le Bourget-du-Lac (France), Roctool is present in the USA, China, Japan and Germany. For more information, www.roctool.com

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Regulatory filing PDF file File: ROCTOOL - Freudenberg e-Power Systems sign a strategic agreement with Roctool for new Fuel Cell applications

=---------------------------------------------------- 
Language:    English 
Company:     ROCTOOL 
         Savoie Technolac Modul R 
         73370 LE BOURGET DU LAC 
         France 
Internet:    www.roctool.com 
ISIN:      FR0010523167 
Euronext Ticker: ALROC 
AMF Category:  Inside information / Other releases 
EQS News ID:   1572473 
 
End of Announcement EQS News Service 
=------------------------------------------------------------------------------------ 

1572473 01-March-2023 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1572473&application_name=news

(END) Dow Jones Newswires

March 01, 2023 12:00 ET (17:00 GMT)

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