- CMA CGM has joined as a strategic investor in Finland-based Hycamite TCD Technologies through its PULSE energy fund.
- Hycamite’s methane-splitting plant in Kokkola is set to begin operations in 2025, producing low-carbon hydrogen and solid carbon for industrial use.
- The investment is expected to accelerate the deployment of Hycamite’s technology in decarbonising maritime transport and other hard-to-abate sectors.
Hycamite TCD Technologies, a clean tech firm based in Finland, has announced the inclusion of global container shipping leader CMA CGM as a new investor. The investment comes through CMA CGM’s energy transition fund, PULSE, and coincides with the upcoming launch of Hycamite’s industrial-scale methane-splitting facility in Kokkola, Finland, which is set to begin operations in 2025, according to Bunkerspot.
Low-Carbon Hydrogen and Carbon Co-Products
Hycamite’s proprietary technology splits methane into low-carbon hydrogen and high-value solid carbon materials. The approach offers a cleaner alternative to conventional hydrogen production and has potential applications in various sectors, including power generation and marine propulsion.
According to Hycamite CEO Laura Rahikka, CMA CGM’s backing will not only accelerate the company’s efforts to decarbonise shipping but also help scale its technology for broader industrial deployment. She emphasized the significance of having a global logistics partner onboard at this critical stage of expansion.
Advancing Marine Decarbonisation Through Innovation
Hycamite has been actively developing marine-related applications for its methane-splitting technology since 2022, with partial funding from Business Finland. With the Kokkola Carbon-Splitting Facility (CSF) nearing operational status, the company is poised to deliver low-carbon solutions to the maritime industry and other emissions-intensive sectors.
Rahikka noted that CMA CGM’s investment reflects growing global interest in sustainable energy innovations and will help expedite both development and adoption across key applications.
Partnerships Reinforce Momentum in the Shipping Sector
This latest development builds on Hycamite’s previous collaboration with Japanese shipping major Mitsui O.S.K. Lines (MOL). In December 2024, Hycamite MOLEA—a subsidiary of MOL—and MOL PLUS signed a Memorandum of Understanding (MoU) to explore the use of methane-splitting for shipboard power and propulsion systems. These partnerships underscore the increasing relevance of methane-splitting as a viable pathway to decarbonise shipping.
In summary, the addition of CMA CGM as an investor signals a strong endorsement of Hycamite’s technology and positions the company to play a key role in shaping the future of low-carbon marine fuel solutions.
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Source: Bunkerspot
