LG Chem announced its plan to produce hydrogen as a key component of its long-term 2050 Net Zero corporate sustainability goal. Aligned with this goal, South Korea’s largest chemical company said it would establish a plant in Daesan, Korea, with the capacity to produce 50,000 tons of hydrogen annually by the second quarter in 2024. … Read more
TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million metric tons of green hydrogen … Read more
Air Products announced the signing of a long-term supply agreement with Indian Oil Corporation Limited (IOCL), India’s flagship national oil company. Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL’s Barauni Refinery in Bihar, India. The new industrial gas complex will aid IOCL’s capacity … Read more
Air Liquide officially opened its largest liquid hydrogen production and logistics infrastructure facility in North Las Vegas, Nevada. The facility aims to supply the growing needs for hydrogen mobility, but will also allow to provide hydrogen to a wide array of industries while the mobility market continues to mature. The facility, and the associated logistics … Read more
Air Products announced that it has acquired Air Liquide’s industrial gases business in the UAE and Air Liquide’s majority share in MECD joint venture in Bahrain. Financial terms are not being disclosed for the agreement. Air Liquide Emirates business is part of Industrial Gases LLC (ALEMIR) and Orca Industrial Gases LLC, which includes liquid bulk, … Read more
India’s state-run Indian Oil Corporation (IOC), engineering and construction major Larsen & Toubro (L&T), and renewable energy player ReNew Power have announced a joint venture (JV) company to develop the nascent green hydrogen sector in India. The tripartite venture is a synergistic alliance that brings together the strong credentials of L&T in designing, executing, and … Read more
Neom has signed an agreement to begin construction of a 1.2 million tonne per year green hydrogen facility in Saudi Arabia, the largest in the world. The contract is worth $900 million. The contract sets the duration of work at six months. ACWA Power, which has a 33.3% stake in Neom Green Hydrogen, announced the … Read more
UK carbon capture specialist Storegga jointly with Mitsui & Co., Ltd. to advance the commercialisation of direct air capture (DAC) technology. The Memorandum of Understanding (MoU) signed on March 25th will also support development of the UK’s first DAC facility in North East Scotland which aims to extract one million tonnes of carbon dioxide (CO2) … Read more
Two major semiconductor market leaders have awarded Air Liquide long-term contracts for the supply of ultra-high purity industrial gases in Japan. To fulfill these contracts, Air Liquide has begun a staged investment of more than 300 million euros in four state-of-the-art gas plants in key Electronics basins to produce more than 1.5 billion Nm3 per … Read more
Hy2gen AG, the green hydrogen investment platform, announced the successful completion of a €200 million, investment round. The capital will be used for the construction of facilities in several geographies including Europe, producing green hydrogen-based fuels – or “e-fuels” – for maritime and ground transport, aviation and industrial applications. The investment, which is the largest … Read more
Air Liquide S.A. continues its development of biomethane activities with the construction in the USA of its largest biomethane production unit in the world. This will bring the worldwide biomethane production capacity of the Group to 1.8 TWh. The new production unit in the State of Illinois will allow Air Liquide to keep providing low-carbon … Read more
Air Liquide will invest around 3.5 billion Rupees (45.2 million euros) in a new Air Separation Unit (ASU) dedicated to Industrial Merchant activities in Kosi, in the state of Uttar Pradesh, Northern India. This unit will have a production capacity of 350 tons per day, with a maximum of 300 tons of oxygen. Air Liquide … Read more
Novatek and Uniper signed a term sheet on the long-term supply of large volumes of low-carbon ammonia. These supplies will be delivered to Uniper’s markets in Germany and North-West Europe. Novatek is developing a major low-carbon ammonia production facility on the Yamal Peninsula in northwestern Siberia, making use of the vast local gas reserves. Carbon … Read more
LOTTE Chemical will cooperate with Samsung Engineering and POSCO for the eco-friendly hydrogen business. LOTTE Chemical, Samsung Engineering, and POSCO announced on the 28th that they have entered an MOU for ‘a partnership for the development of hydrogen business in Korea and abroad.’ The top management gathered at Hotel Signiel in Jamsil, Seoul for the … Read more
Methane pyrolysis technology company Monolith, a leader in clean materials production, has received conditional approval for a $1.04-billion loan from the US Department of Energy (DOE). Established via the Title XVII Innovative Energy Loan Guarantee Program, the loan will allow Monolith to expand its clean hydrogen and carbon black production facilities in Hallam, Nebraska. Monolith … Read more
Cummins Inc. and China Petrochemical Corporation announced the formation of a 50:50 joint venture — Cummins Enze (Guangdong) Hydrogen Technology Co., Ltd. The joint venture will accelerate the affordability and availability of green hydrogen through increased technological innovation, research and development, and manufacturing capacity. Cummins Enze, located in Foshan, Guangdong Province in China, will initially … Read more
The European Commission has approved, under EU State aid rules, a €900 million ($1 billion) German scheme to support investments in the production of renewable hydrogen in non-EU countries, which will be then imported and sold in the EU. The scheme, called ‘H2Global’, aims at meeting the EU demand for renewable hydrogen that is expected … Read more
Norway’s Equinor said that it collaberated with France’s Engie to develop a project designed to produce low-carbon hydrogen from natural gas in Belgium. The announcement of the H2BE project — which aims to produce hydrogen from natural gas using autothermal reforming (ATR) combined with carbon capture and storage (CCS) — follows a memorandum of understanding … Read more
Air Products has awarded thyssenkrupp Uhde Chlorine Engineers a contract to supply a more than two-gigawatt (2 GW) electrolysis plant for one of the world’s largest green hydrogen projects at NEOM in Saudi Arabia. Under this contract, thyssenkrupp will engineer, procure and fabricate the plant based on their large-scale 20 megawatt (MW) alka-line water electrolysis … Read more
Gazprom’s Board of Directors approved a pilot project for hydrogen production in the Russian Federation. The company highlighted that the development of hydrogen energy in Russia is essential both for the decarbonization of the domestic industry and for exports to the global hydrogen market. This line of activity is becoming increasingly relevant in the context … Read more