De Nora Remains Committed to Hydrogen Amid Market Challenges and New Lithium Initiatives
De Nora's CEO Paolo Dellachà and CFO Luca Oglialoro express confidence in the company's future despite recent stock declines. The firm reports a 23% drop in shares over the past month and 19% over six months, yet anticipates growth in 2025. Investments of €80 million include the completion of a hydrogen gigafactory in Italy, supported by €63 million from the EU. De Nora is also innovating in lithium extraction and recycling, with strategic partnerships in Japan, Australia, and the U.S. The company maintains a positive outlook for the hydrogen market despite current volatility.
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De Nora's leadership, CEO Paolo Dellachà and CFO Luca Oglialoro, remain optimistic about the company's future despite a 23% stock drop in the last month. The firm expects growth in 2025 amid geopolitical challenges affecting hydrogen demand.
Investments include €80 million for a gigafactory in Italy, which will benefit from €63 million in EU funding. The company is also focusing on lithium extraction and recycling, establishing partnerships in Japan, Australia, and the U.S. De Nora aims for a hydrogen capacity of 2 GW by 2030 and projects revenues of €750 - 850 million for 2026, acknowledging market volatility.
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