K2 Pure Solutions and PACC Services Collaborate with Hyster-Yale to Advance Hydrogen Adoption Across Northern California

Local, low-carbon hydrogen supply from Pittsburg, CA will power Hyster-Yale’s
HydroCharge™ rollout across key logistics and port corridors.

PITTSBURG, CA (Embargoed until June 10, 2026) — K2 Pure Solutions and PACC
Services, LLC today announced a Hydrogen Supply Agreement (HSA) with Hyster-Yale
Materials Handling, Inc., a global leader in lift truck manufacturing and fuel cell-powered
material handling solutions. The agreement secures a dedicated, local supply of low-
carbon gaseous hydrogen to support the rollout of its Nuvera® HydroCharge™ mobile
charging system across the Bay Area, Sacramento, and Northern California’s major port
and logistics corridors.
HydroCharge delivers grid-independent, zero-emission mobile power and EV fast
charging using hydrogen fuel cells, enabling fleets, construction sites, events, and
municipalities to electrify operations without waiting for grid upgrades or permanent
charging infrastructure.
The collaboration addresses two of the most critical barriers facing hydrogen fleet
operators in California: cost and supply security. Hydrogen sourced closer to the point
of use reduces transportation and logistics expenses, improving total cost of ownership
for fleet operators.
Northern California is one of the most active hydrogen markets in North America. It’s
driven by corporate decarbonization commitments and a dense concentration of
distribution centers, cold storage facilities, and port operations. For these operators,
hydrogen fuel cells offer a clear path to reducing emissions without sacrificing
productivity.
Despite strong demand, adoption has been constrained by limited access to reliable,
locally sourced hydrogen. K2’s Pittsburg facility in the East Bay directly addresses this
gap, providing a strategically positioned supply for customers across the region’s key
logistics corridors.
“This agreement reflects what we set out to build with our hydrogen program, a reliable,
low-carbon supply serving industrial customers in our own region,” said Howard Brodie,
CEO of K2 Pure Solutions. “Hyster-Yale and its Northern California customer base are a
natural fit for what we can deliver.  Just as important, this supply is built on the same
operational foundation that has defined K2 for decades, an outstanding environmental,
health, and safety record and a process designed to minimize risk at every stage of
production and delivery,” he continued. “Commissioned since 2011, safety is a core
value at K2, a recipient of the Chlorine Institute’s Platinum Level Process Safety

Performance Award, one of the industry’s most rigorous safety recognitions for chlor-
alkali producers.”
Hydrogen produced at K2’s chlor-alkali facility is a low-carbon byproduct of its existing
manufacturing process, requiring no natural gas reforming or standalone electrolysis
infrastructure. The facility is targeting commercial availability in Q3 2026, with PACC
Services serving as the exclusive commercial partner responsible for contracting,
logistics coordination, and supply chain management.
For HydroCharge customers, the agreement solves a practical challenge: sourcing
hydrogen that is both commercially viable and geographically aligned with operations.
Ports, distribution centers, and cold storage facilities across the Bay Area and
Sacramento regions operate high-utilization EV forklift fleets, making them ideal
candidates for fuel cell adoption.
“Local, reliable production is foundational to HydroCharge’s path to scaling,” said
Cameron Kasper, Business Development Lead, Energy Solutions at Hyster-Yale
Materials Handling. “By securing supply from K2’s East Bay facility, we reduce supply
chain risk while delivering predictable economics and a low-carbon domestic hydrogen
source. Combined with our logistics and procurement capabilities, this collaboration
expands both our market reach and environmental impact.”
For operators currently transitioning to lithium-ion while awaiting broader fuel cell
availability, the K2 supply relationship creates a clear on-ramp, supporting both near-
term electrification goals and long-term hydrogen adoption.
“We structured this agreement to support exactly what Hyster-Yale is building in
Northern California,” said Andrew Carman, Chief Executive Officer of PACC Services.
“Local production delivers lower costs and real supply security — two things that have
historically been difficult to deliver in this market. This is the kind of infrastructure that
makes hydrogen adoption viable at scale.”
PACC Services, which holds an exclusive Hydrogen Marketing Agreement with K2,
structured and negotiated the Hyster-Yale HSA as part of its broader commercial
buildout, managing the commercial interface between production and end customers.
The Hyster-Yale agreement represents one of the first committed offtake collaborations
ahead of K2’s planned commercial launch.
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About K2 Pure Solutions
K2 Pure Solutions is a leading producer of chlor-alkali products driven by a clear mission:
Making Life Safer. Delivering high-purity bleach, caustic soda, and low-carbon hydrogen, K2

supports essential infrastructure across water treatment, industrial manufacturing, and emerging
clean energy applications. Through its inherently safe technology, K2 transforms salt, water,
and electricity into critical products that power modern communities and industries with a strong
commitment to operational excellence, process safety, and environmental responsibility.
As demand for reliable water treatment solutions and low-carbon hydrogen continues to grow,
K2’s integrated production model positions the company as a critical infrastructure partner
supporting both public health and the clean energy transition. Recognized with the Chlorine
Institute Platinum Level Process Safety Performance Award, K2 is also committed to creating
lasting community impact through initiatives focused on clean water access, STEM education,
and underserved communities. Visit https://k2pure.com/ for more information.
About PACC Services LLC
PACC builds the commercial bridge between production and end-use markets for
hydrogen and other molecules. As a market-maker, PACC develops strategic
collaborations and commercial structures that connect reliable supply with growing
demand across North America. Website: pacc.services [email protected]
About Hyster-Yale Materials Handling, Inc.
Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, sells and
services a comprehensive line of lift trucks, aftermarket parts and technology and
energy solutions marketed globally primarily under the Hyster®, Yale®, Nuvera® and
Maximal® brand names. Hyster-Yale Materials Handling’s subsidiary, Bolzoni S.p.A., is
a leading worldwide producer of attachments, forks and lift tables marketed under the
Bolzoni®, Auramo® and Meyer® brand names. Hyster-Yale Materials Handling also
has an unconsolidated joint venture in Japan with Sumitomo NACCO Forklift Co., Ltd.
Hyster-Yale Materials Handling, is a wholly owned subsidiary of Hyster-Yale,
Inc. (NYSE: HY). For more information about the company, visit https://hymh.hyster-
yale.com.
To learn more about the company’s Nuvera brand or HydroCharge™, visit
www.nuvera.com.