Air Liquide’s subsidiary Shanghai Chemical Industry Park Industrial Gases Co. (SCIPIG) has signed a bilateral green loan for 500m RMB ($69m) to build two low-carbon hydrogen production units in the Shanghai Chemical Industry Park (SCIP).
Set to replace third-party coal-based hydrogen production, the new units are expected to produce around 70,000Nm3/h, avoiding the emissions of around 350,000 tonnes of carbon dioxide (CO2) per year.
Last year (2022), Air Liquide announced SCIPIG would invest over €200m ($224m) in building the two steam methane reforming (SMR) units and related infrastructure.
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