A ‘fully electric chemical reactor’ to produce clean hydrogen is set to be developed in South Korea following a new joint development agreement between Syzygy Plasmonics, Lotte Chemical, Lotte Fine Chemical, and Sumitomo Corporation of Americas (SCOA).
The novel technology will be used to extract hydrogen from Lotte Chemical’s planned imports of green ammonia, generating an estimated 1.2 million tonnes of hydrogen per year, domestically by 2030.
Read more: Lotte Chemical to invest ₩4.4 trillion in hydrogen by 2030; releases new hydrogen roadmap
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