ATLANTA (April 4, 2023) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce that the Firm served as legal counsel to ERCO Worldwide (“ERCO”), one of the largest manufacturers of chlor-alkali products in the world, in an agreement to sell its North Vancouver, BC industrial land and co-locate a 15 TPD clean hydrogen plant in North Vancouver to HTEC, Canada’s leading clean hydrogen solutions company.
As part of the agreement, ERCO will lease back a portion of the land on a long-term basis to continue its manufacturing operations, including the generation of by-product hydrogen gas through electrolysis. HTEC intends to construct a 15-tonne per day clean hydrogen plant to capture, purify, and process the by-product hydrogen to meet the growing market demand for low-carbon transportation fuels from one of the largest facilities of its kind in British Columbia and the Pacific Northwest.
The SGR Atlanta legal team was led by Rett Peaden, partner in the Corporate M&A Practice, along with Andrew Thompson, partner in the Environmental Practice.
About ERCO Worldwide, LP
For over a century, ERCO Worldwide has stood as an industry leader in the manufacture of inorganic chemicals. ERCO has a strong reputation for innovation, helpfulness, and premium service. ERCO credits its deep-rooted history and hard-earned reputation to its inspiring employees and their unwavering commitment to serving the company’s customers and planet. ERCO endeavors to provide unmatched value and expertise through sustainable, intelligent, and reliable products and solutions, creating genuine customer relationships. For more information, please visit www.ercoworldwide.com.
About Smith Gambrell Russell
SGR is a full-service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The Firm’s nearly 400 attorneys provide legal counsel in more than 50 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, insurance/reinsurance, construction, employment law, international, and employee benefits and executive compensation. Founded in 1893, SGR has 14 domestic and international offices, including Atlanta; Austin; Charlotte; Chicago; Jacksonville, FL; London; Los Angeles; Miami; Munich; New York; Southampton; Springfield, IL; Tampa, FL; and Washington, D.C.