Linde secures offtake for $1.8bn US blue hydrogen project
OCI will use hydrogen from Linde’s facility for its ammonia plant in Texas
Industrial gases firm Linde has signed an offtake agreement with fertiliser giant OCI to supply blue hydrogen to its 1.1mn t/yr ammonia facility in Beaumont, Texas. Linde will build, own and operate an onsite complex that will use autothermal reforming with CCS as well as a large air separation plant. The new complex will be integrated into Linde’s existing Gulf Coast industrial gas infrastructure to serve additional and existing customers. Linde plans to invest $1.8bn into the facility, with startup scheduled for 2025. The company recently announced an operating profit of $5.4bn for 2022 and expects 2023 capex to be $3.5–4bn. “Linde’s capabilities are already enabling the transition to a lo
Also in this section
17 May 2024
Company’s Positive Motion strategy to be at forefront of the EU’s green hydrogen, e-fuel derivatives and biofuels drive to decarbonise and solve energy trilemma
15 May 2024
Huge turnout for Rotterdam trade show masks worrying lack of progress for nascent industry confronting the harsh realities of transition
8 May 2024
Commission modelling of emission reduction pathway implies undershoot of current hydrogen production and imports targets, according to speakers at a recent Hydrogen Europe event
8 May 2024
Hydrogen cars may not have much credibility, but the same could have been said about EVs not too long ago