Industrie De Nora S p A : De Nora Successfully Commissions 20 CECHLO®-MS systems at 10 water treatment works for Hong Kong Water Supplies Department

De Nora CECHLO-MS system (production capacity 2.25ton/day-Cl2) at Sha Tin Water Treatment Works with our De Nora commissioning team.

Hong Kong, 25, April, 2023 - Industrie De Nora S.p.A. - Italian multinational listed on the Euronext Milan, specialised in the electrochemical processes and leader in sustainable technologies and in the emerging green hydrogen industry - has completed the successful commissioning of CECHLO®-MS systems for the Hong Kong Water Supplies Department (WSD). CECHLO®-MS systems generating chlorine and sodium hypochlorite on-site and the customized Capital Controls® Gas feed systems, are now fully operational in all 10-water treatment works in Hong Kong, providing safe and reliable water to the residents of Hong Kong.

De Nora has completed the commissioning of 20 units for the Hong Kong project, making it the largest installation of the CECHLO®-MS systems in Asia. As the Technology Licensor to the main contractors, De Nora has demonstrated excellent performance and reliability in fulfilling all its contractual obligations, being responsible for the systems' engineering, procurement, and commissioning.

"The successful commissioning of the CECHLO®-MS for the Hong Kong water treatment works is a game-changer for De Nora and the water treatment industry," said Paolo Dellachà, Chief Executive Officer of Industrie De Nora. "Our team has demonstrated our commitment to providing innovative, reliable, and sustainable solutions to our customers."

"The Hong Kong project has been a true test of our team's capabilities, and we have passed with flying colors," added Dellachà. "This achievement has been challenging, which has been overcome thanks to our remote monitoring system supported by our strong technical expertise in electrochemistry to mitigate site access issues during the Covid pandemic. We now look forward to pushing the boundaries answering to complex water treatment requirement with our electrochemical solutions."

De Nora is committed to enabling its customers to meet the world's growing demand for clean water, clean energy, and sustainable industrial processes. With over 100 years of experience in providing highly innovative electrochemical solutions, De Nora is a prominent player in the water treatment industry. Its track record of success sets the standard for excellence in the industry.

The De Nora CECHLO®-MS system is an ideal solution for safe, reliable, and sustainable water treatment, and its successful commissioning in Hong Kong is a testament to De Nora's commitment to delivering cutting-edge solutions that exceed customer expectations.

About Us:

Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange, specializing in electrochemistry, a leader in sustainable technologies, and has a vital role in the industrial green hydrogen production chain. The Company has a portfolio of products and systems to optimize the energy efficiency of critical industrial electrochemical processes and a range of products and solutions for water treatment. Globally, Industrie De Nora is the world's largest supplier of activated electrodes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and non-ferrous metal refining). Industrie De Nora is also among the world's leading suppliers of water filtration and disinfection technologies (for the industrial, municipal, and marine sectors) and the world's leading swimming pool disinfection components supplier. Leveraging its well-established electrochemical knowledge, proven manufacturing capability, and a supply chain established over the years, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition. In this sector, the company also holds 34% of thyssenkrupp nucera AG &Co. KGaA, a joint venture established with the thyssenkrupp group.

Founded in 1923, Industrie De Nora generated total revenues of around EUR 853 million and an Adjusted EBITDA of approx. EUR 191 million in 2022. The Company's growth process has developed organically through continued penetration of new markets and applications and through acquisitions in the U.S., Asia, and Europe. De Nora's continuous innovation drives its growth, represented by its evolving intellectual property portfolio, which currently includes more than 260 patent families with more than 2,800 territorial extensions. The De Nora family controls the Group, which owns 53.3% of the Company's share capital. Snam S.p.A. is a minority shareholder with about 21.6% of the capital.