Impact Coatings AB (publ) has received official approval to be volume supplier of Coating Services to a Chinese manufacturer of fuel cell systems and stacks for automotive and other fuel cell applications. Initially, subject to coming purchase orders, Impact Coatings will provide production capacity from its Coating Service Center in Shanghai, up to a volume corresponding to CNY 9 million in revenue.
“After a period with tests and qualifications of our new Premium FC coating for heavy duty fuel cell applications, we now see that customers are ready for volume production. We are very pleased to have come to this initial agreement with a prominent fuel cell manufacturer,” said Yaowen Wang, Regional President China at Impact Coatings.