HGP (Scotland) Ltd Locates at Michelin Scotland Innovation Parc
Michelin Scotland Innovation Parc (MSIP) has today announced HGP (Scotland) Ltd as the latest company to locate at the Innovation Parc.
MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is a world-class Innovation Parc in Dundee for sustainable mobility and decarbonisation, which aims to drive growth and diversity in the Scottish economy whilst addressing the global climate emergency.
HGP (Scotland) Ltd has developed a turnkey Climate Tech solution for the decarbonisation of carbon intensive industries, to help achieve Net Zero targets.
The company’s novel solution, an Integrated Hydrogen and Methanation Enhancement (IHM) System, will generate Green Hydrogen which combines with industrial waste CO2 to create Biomethane, reducing emissions and reliance on fossil fuels.
HGP (Scotland) Ltd is the second tenant to move into the recently completed Fulhame Building at MSIP and one of the first manufacturing companies at the Innovation Parc, others to join in the coming weeks. This brings the total number of jobs now based at MSIP to 115.
Greig Coull, CEO, MSIP said: “We already recognise that green hydrogen technology will be essential to the decarbonisation of industry and achievement of net-zero. The technology that HGP (Scotland) Ltd has developed will enable green hydrogen to be more accessible to those that can utilise it, reducing carbon emissions and ultimately tackling climate change.
“Having a company that specialises in green hydrogen technology located at the Innovation Parc is a great addition to the growing tenant community based here. HGP (Scotland) Ltd is a perfect fit for MSIP, and I’m pleased they recognise that too.”
Geoff Carragher, CEO, HGP (Scotland) said: “We are really pleased to now be a part of the Michelin Scotland Innovation Parc community. The Innovation Parc is already attracting some successful low carbon technology companies. This is a fantastic initiative, we fully endorse MSIP and welcome the support of Michelin, Scottish Enterprise, and Dundee City Council.
“Critically for us, the Innovation Parc has the space to accommodate the growth of our business. We will create nine employees initially with plans to significantly increase the workforce over the next five years.”