FEOC
All Manufacturers

thyssenkrupp nucera

Clean
🇩🇪 GermanyDortmund, GermanyHydrogen & ElectrolyzersPublic (ETR: NCH2)

Last verified: 2026-04-01

Risk Summary
Country RiskLowHQ in Germany (allied nation)
Entity List ExposureLowNot on any lists
Ownership RiskLowPublic (ETR: NCH2)
Domestic AlternativeLow8 allied/US options available

Entity List Screening

ListAgencyStatusYear
BIS Entity ListBureau of Industry and SecurityNot Listed2026
OFAC SDN ListOffice of Foreign Assets ControlNot Listed2026
DOD Section 1260HDepartment of DefenseNot Listed2026
UFLPA Entity ListCustoms and Border ProtectionNot Listed2026
SEC DisclosuresSecurities and Exchange CommissionNot Listed2026
IRS FEOC GuidanceInternal Revenue ServiceNot Listed2026

Ownership Structure

thyssenkrupp AG (66.6%) and De Nora (33.4%)
🇩🇪 GermanyIndividual / Shareholder
thyssenkrupp nucera
🇩🇪 GermanyManufacturer

Source: SEC filings, stock exchange disclosures, corporate registry data. Ownership percentages reflect most recent available disclosure.

Compliance Assessment

German-headquartered. Germany is an EU/allied nation. No FEOC ownership concerns.

Key Factors

  • Headquartered in Germany, an allied nation
  • Ownership: Public (ETR: NCH2)
  • No current US domestic manufacturing operations
  • Not listed on any federal entity lists
  • German electrolyzer manufacturer. One of the largest alkaline electrolyzer producers globally.

Products & Equipment

Alkaline water electrolyzersChlor-alkali electrolysisLarge-scale hydrogen systems

No US manufacturing. Operations in Germany.

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Sunfire GmbHClean
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Data Sources

  • thyssenkrupp nucera Annual Report
  • BIS Consolidated Screening List

This information is for reference only and does not constitute legal advice. Compliance determinations should be verified with qualified legal counsel. Entity list data is sourced from publicly available federal databases and may not reflect the most recent updates.