The hydrogen projects at the Porvoo refinery will be an integral part of the European value chain for the production and use of green hydrogen. Neste has chosen our highly reliable alkaline water electrolysis technology for this purpose in order to make its refinery more sustainable and significantly reduce its carbon footprint. Dr. Werner Ponikwar, CEO and Chairman of the Executive Board of thyssenkrupp nucera In July 2022, Neste became the first Finnish company to receive IPCEI (Important Project of Common European Interest) status from the European Commission for the company's hydrogen projects. Demand for our highly efficient and large-scale electrolysis systems grows continuously. That's why Neste selected the option to partner and reserve production capacity at thyssenkrupp nucera to support the timeline of its project. It is now the third reservation agreement for production capacities within just a few months. Dr.