Construction of South Korea’s first liquid hydrogen plant was started recently in Ulsan city by Linde Hydrogen, a joint venture formed in February by Hyosung Heavy Industries and German chemical firm Linde, textile and chemical conglomerate Hyosung Group announced recently. The $264.6-million plant is scheduled to begin commercial operation in May 2023.
The plant would be the world’s single largest liquid hydrogen facility with an annual production capacity of 13,000 metric tonnes—enough to power 100,000 vehicles per year.Construction of South Korea's first liquid hydrogen plant was started recently in Ulsan city by Linde Hydrogen, a joint venture formed in February by Hyosung Heavy Industries and German chemical firm Linde, textile and chemical conglomerate Hyosung Group announced recently. The $264.6-million plant is scheduled to begin commercial operation in May 2023.#
“The energy revolution will change the future of mankind and hydrogen energy is at its core. Through continued investments, Hyosung will lead the paradigm shift to hydrogen,” Hyosung Group chairman Cho Hyun-joon said during the groundbreaking ceremony.
In addition, Hyosung Group will make an independent investment of 1 trillion won in the next five years to increase its liquid hydrogen production capacity to 39,000 tonnes. It will also establish large-scale liquid hydrogen charging stations at around 30 locations across the country.
Through the partnership with Linde, Hyosung will localize liquid hydrogen charging technologies and equipment by 2024. It is also working to develop blue and green hydrogen extraction technologies and establish a green hydrogen production facility by 2025, a leading South Korean English-language daily reported.
Liquid hydrogen is a reagent used in many industrial sectors, including chemicals and textile fibre manufacturing.
Though hydrogen itself is colorless, the industry uses color descriptors to differentiate its source and methods of production. Blue hydrogen extracts hydrogen from natural gas and captures carbon emitted from the process. Green hydrogen breaks water into hydrogen and oxygen with electricity generated by renewable energy.
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