Industrie De Nora S.p.A.
Global Leader in Electrochemical Solutions
Founded in 1923 by Oronzio De Nora, Industrie De Nora is an Italian multinational company and a global leader in electrochemical solutions. With over a century of experience, De Nora operates in 10 countries with 23 companies, 13 manufacturing facilities, and 5 R&D centers. The company holds 275 patent families with over 2,800 territorial extensions, serving more than 100 markets worldwide. De Nora's technologies are critical for clean water, decarbonization, and the hydrogen economy. The company was listed on Euronext Milan in June 2022.
Electrode Technologies
De Nora is the world's leading supplier of electrodes for major industrial electrochemical processes. The company's flagship DSA® (Dimensionally Stable Anodes) technology is a proprietary catalytic coating on metallic substrates, used across chlor-alkali, electronics, metal electrowinning, and cathodic protection applications.
Technical Specifications
DSA® Technology
DSA® (Dimensionally Stable Anodes) are De Nora's flagship product — proprietary catalytic coatings on titanium or other metallic substrates. They revolutionized the chlor-alkali industry by replacing graphite anodes, offering superior efficiency, durability, and environmental performance. DSA® technology is used in over 100 markets globally.
Gas Diffusion Electrodes
De Nora's advanced Gas Diffusion Electrodes (GDEs) are crucial components in fuel cells and electrolyzers. They enhance the efficiency of electrochemical reactions by optimizing the three-phase boundary between gas, liquid, and solid catalyst.
Water Technologies
De Nora Water Technologies provides comprehensive solutions for water and wastewater treatment, including electrochlorination, UV disinfection, advanced oxidation, filtration, and marine applications. The company is a global leader in on-site sodium hypochlorite generation.
Technical Specifications
Electrochlorination
De Nora is the global leader in electrochlorination technology, which generates sodium hypochlorite on-site from saltwater or brine. This eliminates the need to transport and store hazardous chlorine gas, providing a safer and more sustainable disinfection solution for municipal water, cooling water, and industrial applications.
BALPURE® Marine
BALPURE® is De Nora's ballast water treatment system for the marine industry. It uses electrochlorination to treat ballast water, preventing the spread of invasive aquatic species. The system complies with IMO D-2 standards and is type-approved by major classification societies.
PFAS Removal
De Nora is expanding into PFAS (forever chemicals) removal solutions, leveraging its electrochemical expertise to develop advanced treatment technologies for these persistent environmental contaminants.
Energy Transition & Hydrogen
De Nora is a major player in the green hydrogen economy, providing critical components for both alkaline water electrolysis (AWE) and proton exchange membrane (PEM) electrolysis. The company has delivered technologies for major green hydrogen projects totaling 3.5 GW since 2022.
Technical Specifications
NEOM Project
De Nora delivered electrode technologies for the NEOM green hydrogen project in Saudi Arabia — one of the world's largest at 2.2 GW. This landmark project demonstrates De Nora's ability to deliver at gigawatt scale for the emerging hydrogen economy.
Stegra Project
De Nora completed delivery of technologies for the Stegra green hydrogen project in Sweden (over 700 MW), supporting the production of green steel using hydrogen-based direct reduction.
Financial Performance
De Nora was listed on Euronext Milan in June 2022 at €13.50 per share (€2.7 billion valuation). For 2025, the company reported revenues of approximately €875 million (+1.4% YoY), adjusted EBITDA of €171.8 million (+9.1% YoY, 19.6% margin), and a positive net financial position of approximately €87 million.
Technical Specifications
Global Presence
De Nora operates globally with 23 companies in 10 countries, 13 manufacturing facilities, and 5 R&D centers. Manufacturing sites are located in Germany, Italy, USA, Brazil, Japan, China, and India. The company follows a 'glocal' model combining local production with global centers of excellence.
Technical Specifications
Innovation & R&D
De Nora's century-long commitment to innovation is evidenced by its 275 patent families. The company invests continuously in R&D across its 5 research centers, focusing on next-generation electrode materials, advanced water treatment processes, green hydrogen technologies, and emerging applications like lithium refining and recycling.