Matrix Service Company Joins Global CEO-Led Hydrogen Council, Supporting a Clean, Diversified Energy System Through an Accelerated Transition to Hydrogen
27 January 2022 - 8:05AM
Matrix Service Company (Nasdaq: MTRX)
announced today that it has joined the Hydrogen Council, a global
CEO-led coalition working to accelerate the energy transition
through hydrogen. The organization is comprised of more than 130
companies from across the globe representing a variety of sectors,
all committed to scaling up the hydrogen value chain to contribute
to a clean and diversified energy system.
“We are extremely proud to have been accepted as a
member of the Hydrogen Council and look forward to working with
other members to advance hydrogen’s potential as a clean energy
source and to support energy and industrial clients as they make
strategic infrastructure investments in hydrogen and other
low-carbon solutions,” said Matrix Service Company CEO John R.
Hewitt.
“In addition to our work with the Hydrogen Council,
with a growing pipeline of opportunities for hydrogen
infrastructure across the North American energy and industrial
markets, we are also strengthening our internal resources and
working in partnership with technology providers such as Chart
Industries to develop standardized hydrogen solutions in North
America, including hydrogen liquefaction plants, marine bunkering,
fueling stations, plant expansions, storage expansion, spaceship
fueling and other hydrogen related facilities.”
About Matrix Service Company
Matrix Service Company (Nasdaq: MTRX), through its
subsidiaries, is a leading North American industrial engineering,
construction and maintenance contractor headquartered in Tulsa,
Oklahoma with offices located throughout the United States and
Canada, as well as Sydney, Australia and Seoul, South Korea.
The Company reports its financial results in three
key operating segments: Utility and Power Infrastructure, Process
and Industrial Facilities, and Storage and Terminal Solutions.
With a focus on sustainability, building strong
Environment, Social and Governance (ESG) practices, and living our
core values, Matrix ranks among the Top Contractors by
Engineering-News Record, has been recognized for its Board
diversification, is an active signatory to CEO Action for Diversity
and Inclusion, and is consistently recognized as a Great Place to
Work®. To learn more about Matrix Service Company, visit
www.matrixservicecompany.com and read our inaugural Sustainability
Report.
For more information please
contact:
Matrix Service Company: |
Kevin S.
CavanahVice President and CFOT: 918-838-8822Email:
ir@matrixservicecompany.com |
Kellie
SmytheSenior Director, Investor RelationsT: 918-359-8267Email:
ksmythe@matrixservicecompany.com |
About the Hydrogen Council:
The Hydrogen Council is a global CEO-led initiative
that brings together leading companies with a united vision and
long-term ambition for hydrogen to foster the clean energy
transition. The Council believes that hydrogen has a key role to
play in reaching our global decarbonisation goals by helping to
diversify energy sources worldwide, foster business and
technological innovation as drivers for long-term economic growth,
and decarbonise hard-to-abate sectors. Using its global reach to
promote collaboration between governments, industry and investors,
the Council provides guidance on accelerating the deployment of
hydrogen solutions around the world. It also acts as a business
marketplace, bringing together a diverse group of 130+ companies
based in 20+ countries and across the entire hydrogen value chain,
including large multinationals, innovative SMEs, and investors. The
Hydrogen Council also serves as a resource for safety standards and
an interlocutor for the investment community, while identifying
opportunities for regulatory advocacy in key geographies. To find
out more visit www.hydrogencouncil.com and follow us on
Twitter @HydrogenCouncil and LinkedIn.
Hydrogen Council Press
Office secretariat@hydrogencouncil.com
This release contains forward-looking statements
that are made in reliance upon the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These statements
are generally accompanied by words such as “anticipate,”
“continues,” “expect,” “forecast,” “outlook,” “believe,”
“estimate,” “should” and “will” and words of similar effect that
convey future meaning, concerning the Company’s operations,
economic performance and management’s best judgment as to what may
occur in the future. Future events involve risks and uncertainties
that may cause actual results to differ materially from those we
currently anticipate. The actual results for the current and future
periods and other corporate developments will depend upon a number
of economic, competitive and other influences, including those
factors discussed in the “Risk Factors” and “Forward Looking
Statements” sections and elsewhere in the Company’s reports and
filings made from time to time with the Securities and Exchange
Commission. Many of these risks and uncertainties are beyond the
control of the Company, and any one of which, or a combination of
which, could materially and adversely affect the results of the
Company's operations and its financial condition. We undertake no
obligation to update information contained in this release.
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