P2X-Europe GmbH & Co. KG is an independent Power-to-Liquid (PtL) project development joint-venture, backed by two Hamburg-based German companies; the Mabanaft GmbH & Co. KG, a leading independent and integrated energy company, and the H&R Group, which develops and manufactures specialty chemical and pharmaceutical products. P2X-Europe develops, builds and invests in vertically integrated end-to-end Power-to-Liquid technology solutions
to enable the market introduction of synthetic net-zero chemicals and fuels.
Based in Hamburg, P2X-Europe has set the ambition to become a global leader in renewable hydrogen and green synthetic hydrocarbons with a focus on sustainable aviation fuels, and the company is building a strong and diverse portfolio of large-scale Power-to-X projects across industries and geographies.
90
CO2-Savings
2026
start PtL production
80
of renewable Ptl-products
100
biogenic CO2
100
renewable power
100
green hydrogen
More about
P2X-Europe
Pioneering the configuration and commissioning of the world’s first technical scale hydrogen electrolyser and fully functional PtL demo plants, P2X-Europe covers the entire value chain – including renewable power, green hydrogen, carbon capture, syngas production, synthesis processing and product upgrading. P2X-Europe can provide drop-in ready products and benefits from direct market access via its shareholders Mabanaft GmbH & Co. KG and H&R Group,

Mabanaft GmbH & Co. KG is a leading independent and integrated energy company, providing its customers with innovative energy solutions in the transportation, heating and industrial sectors. In addition, the company is active in trading petroleum products, natural gas liquids, chemicals and biofuels.
H&R GmbH & Co. KGaA, listed in the Prime Standard of the Frankfurt Stock Exchange, is a specialty chemicals company active in the development and manufacture of crude oil-based specialty chemical and pharmaceutical products and in the production of precision plastic parts. The product portfolio comprises white oils, petroleum jellies, paraffin waxes, lubricants, base oils, process oils, cable filling compounds, ozone protection waxes, plasticizers, cosmetic and pharmaceutical raw materials.