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Loyal Equipments enters into non-binding MoU with F2N Green Hydrogen Srl

28 Apr 2025 Evaluate

Loyal Equipments has entered into a non-binding Memorandum of Understanding (MoU) with F2N Green Hydrogen Srl, a company based in Italy. Loyal will undertake turnkey project orders in India integrating F2N’s electrolyser systems, targeting key market segments such as green hydrogen for refineries, steel plants, mobility, and renewable energy storage. F2N will support Loyal with commercial documentation, product presentations, and limited technical inputs necessary for presales and initial project discussions.

Loyal will be responsible for end-to-end project execution, including engineering, procurement, fabrication, integration, and after-sales support. A joint customer engagement strategy will be adopted during the initial phase, with F2N participating in key technical and commercial discussions. Over the next 12-18 months, both parties will assess market traction and project pipeline development. Based on successful order acquisition and feasibility, Loyal and F2N will evaluate the transition to local manufacturing in India using F2N’s proprietary technology and design. 

Loyal Equipments is engaged in manufacturing and supplying of Coded Pressure Vessels & Heat Exchangers (Ferrous & Non Ferrous), Air Cooled Heat Exchangers, Skids for Dynamic and Static Machineries, Base-Plates, Sterilizers, Chimneys and Columns, Tanks & Receivers, Site Fabrication & Erection Activities. 

Loyal Equipments Share Price

200.80 9.10 (4.75%)
17-Apr-2026 12:26 View Price Chart
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