Air Products Korea sale to fund blue hydrogen business
Air Products and Chemicals has put its South Korean unit up for sale for an estimated $3.6bn which will be used to back its blue hydrogen business, according to reports.
Air Products and Chemicals has put its South Korean unit up for sale for an estimated $3.6bn which will be used to back its blue hydrogen business, according to reports.
Fusion Fuel Green is facing delisting from the Nasdaq stock exchange after its share price dropped below $1 per share for over 30 consecutive business days.
The University of Nottingham has begun a £5.3m ($6.7m) research programme exploring the development, manufacture and test of a cryogenic hydrogen-electric propulsion system.
The UK’s Nuclear Decommissioning Authority (NDA) has unveiled plans to develop a green energy hub at Chapelcross, encompassing hydrogen production and storage.
RWE and Westfalen Group will construct a hydrogen refuelling station at the Emsland gas-fired power plant in Germany, which will begin operating next year (2025).
Woodside has acquired OCI Global’s clean ammonia project in Texas, US, for $2.35bn, which is set to produce 1.1 million tonnes per year.
Stargate Hydrogen has received a first purchase order for its alkaline electrolyser system from Indian-based BGR Tech Limited.
bp has revealed it will acquire a 49% stake in a 2.7GW hydrogen and ammonia production project in Oman, dubbed Hyport Duqm.
During Air Products’ Q3 earnings call, CEO Seifi Ghasemi reiterated that the company wants to demonstrate a demand for hydrogen before it takes a final investment decision (FID) on any new major projects.
Mitsubishi Heavy Industries (MHI) has issued a ¥10bn ($67m) bond to finance its energy transition initiatives, which include low-carbon hydrogen and ammonia production.
