Ineos to invest €2bn in European green hydrogen plants

Ten-year plan includes 100MW electrolyser at Cologne complex in Germany aimed at green ammonia production

Chemicals group Ineos has unveiled plans to invest over €2bn ($2.3bn) in green hydrogen production at sites across Europe. The company’s first electrolysers will be installed in Norway, Germany and Belgium in the next ten years, with projects also planned in the UK and France. “Green hydrogen represents one of our best chances to create a more sustainable and low-carbon world,” says Jim Ratcliffe, chairman of Ineos. “Europe is crying out for more investment in green hydrogen and Ineos’ announcement shows our determination to play a leading role in this important new fuel.” Ineos will kick off the investment programme in Norway, where it plans to install a 20MW electrolyser at its Rafnes comp