The European Commission greenlights a joint venture between Germany's Messer SE and Toyota Tsusho Europe SA for hydrogen-based mobility solutions. Concurrently, a novel biogas-to-hydrogen project in Thailand, involving Toyota and Charoen Pokphand Group, sets the stage for innovative sustainability.
This joint venture aims to provide fleet operators with a comprehensive range of services. These services include offering hydrogen mobility vehicles, maintenance and fleet management assistance, on-site production, and the supply of green hydrogen throughout Europe.
After careful examination, the Commission determined that this proposed transaction would not pose any competition concerns, as it will have a limited impact on the market.
Messer is known for its production of industrial, specialty, and medical gases, as well as gas mixtures. On the other hand, Toyota Tsusho Corp is a global trading company operating across various sectors, including metals, parts and logistics, automotive, machinery, energy, chemicals, and electronics.
This partnership will pave the way for innovative and sustainable mobility solutions in Europe by leveraging the expertise and resources of both companies.
In Thailand, a joint venture between Charoen Pokphand Group and Toyota Motor Corp is set to revolutionize hydrogen production. Starting this year, the partnership plans to utilize biogas derived from local chicken manure and food waste at CP Group's farms to generate hydrogen. Toyota has enlisted the expertise of the engineering firm Mitsubishi Kakoki Kaisha to develop the necessary equipment for this groundbreaking initiative. In November, the state-of-the-art equipment will be installed at Toyota's Asia-Pacific headquarters in Samut Prakan province, south of Bangkok.
This pioneering facility, capable of producing 1,000 liters of hydrogen per hour, marks Toyota's first venture in utilizing biogas for hydrogen production. The automaker, along with its trading arm Toyota Tsusho, will also oversee the creation of a comprehensive system to compress, store, and transport the biogas and hydrogen. Although the exact investment cost remains undisclosed, the project holds immense promise for sustainable energy solutions.
Toyota and CP Group, Thailand's largest conglomerate renowned for its involvement in retailing, distribution, and agriculture, forged the partnership in December. The primary objective is to employ hydrogen to power CP Group's delivery trucks, thereby significantly reducing carbon emissions. As one of the world's leading animal feed and livestock producers, CP Group has long been dedicated to environmental stewardship.
Photo: Christina Telep/Unsplash


SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 



