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De Nora

From Wikipedia, the free encyclopedia
Industrie De Nora S.p.A.
TypeS.p.A.
BIT: DNR
FTSE Italia Mid Cap
IndustryElectrochemistry
Founded1923; 103 years ago (1923) in Milan, Italy.
FounderOronzio De Nora
Headquarters
Milan
,
Italy
Area served
Worldwide
Key people
Paolo Dellachà (CEO)
RevenueIncrease €852.826 million (2022)
Increase €89.665 million (2022)
Number of employees
Increase 1,929 (2022)
Websitedenora.com
Footnotes
[1]

Industrie De Nora S.p.A. is an Italian multinational company based in Milan that operates in the electrochemical industry. The company is the world's leading supplier of electrodes for all major industrial electrochemical processes.[2][3]

History

[edit]

The company was founded in 1923 by Italian engineer Oronzio De Nora,[4] who also invented Amuchina, among other things.

In 1969, the company began a process of geographical expansion, entering various foreign markets starting with Japan and then expanding to Singapore, Brazil, India, China, and Germany, establishing both subsidiaries and joint ventures.[4]

Since 2015, the company has also been operating in the water treatment and filtration sector, applying its technological expertise in this field.[4]

In December 2021, it was announced that the company, through a joint venture with German corporation ThyssenKrupp, had been awarded the supply of electrolysis systems needed for the construction of the world's largest green hydrogen production plant as part of the Neom project in Saudi Arabia.[5][6]

In 2022, the company was listed on the Italian Stock Exchange.[2][7]

Milan Stock Exchange on the day of De Nora's listing

Operations

[edit]

Industrie De Nora operates in the electrochemical industry through the production of electrodes with various applications. These applications pertain to three main reference markets: industrial applications, water treatment, and energy transition in the field of green hydrogen production.[1]

With a turnover of €852.826 million and a net income of €89.665 million in 2022,[1] the company is present in various locations, including Italy, Germany, the United Kingdom, the United States, Brazil, the United Arab Emirates, India, China, Japan, and Singapore.[8]

References

[edit]
  1. 1 2 3 "2022 Annual Financial Report" (PDF). De Nora. Retrieved 2023-06-25.
  2. 1 2 Fausta Chiesa (2022-02-21). "De Nora, gli elettrodi sbarcano in Borsa: l'idrogeno verde è il futuro". Corriere della Sera (in Italian). Retrieved 2023-06-12.
  3. ↑ Edoardo Prallini (2022-02-22). "L'idrogeno italiano sbarca a Piazza Affari: De Nora verso un'Ipo da 5 miliardi di euro". Forbes Italia (in Italian). Retrieved 2023-06-05.
  4. 1 2 3 "Our History". De Nora. Retrieved 2023-06-25.
  5. ↑ "Da Thyssen-De Nora impianti elettrolisi in Arabia Saudita". ANSA (in Italian). 2021-12-14. Retrieved 2023-06-12.
  6. ↑ Luca Fraioli (2021-12-15). "Un po' di Italia nell'idrogeno verde della smart city in Arabia Saudita". la Repubblica (in Italian). Retrieved 2023-06-12.
  7. ↑ Andrea Fontana (2022-06-30). "Per De Nora esordio sotto prezzo Ipo in una giornata complessa per Piazza Affari". Il Sole 24 Ore (in Italian). Retrieved 2023-06-05.
  8. ↑ "Our Locations". De Nora. Retrieved 2023-06-25.
[edit]

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