LG Chem Will Build a Hydrogen Plant to Lower Carbon Emissions

Marina Maletic | 2022-07-01 | Category : Business & Policies | 0 minutes read | 1313 Views

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LG Chem from South Korea plans to build a hydrogen plant. The plant will produce 50,000 tons of hydrogen yearly by the second half of 2024.

According to Reuters, the new plant will use technology to convert methane to hydrogen. This will be done by creating a chemical reaction under high-temperature steam.

"The plant is a key component of LG Chem's strategy to increase its use of renewable energy such as hydrogen in the NCC process by up to 70% by 2025, as well as to the company's plans to actively utilize hydrogen in the production of renewable bio feedstocks such as hydro-treated vegetable oils."

The company has three naphtha crackers and a total ethylene capacity of 3.3 million tons a year. They say that the construction of the new hydrogen plant will start at the beginning of 2023 and will be complete by the first half of 2024.

LG Chem doesn’t plan to build alone. The company is partnering with Taekyung Chemical, which is the biggest carbonic acid gas producer in Korea.

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Marina Maletic

Marina is passionate about sustainability and works to help ensure our planet stays as our home for a long time. She takes part in environmental conservation by recycling and not buying single-use plastic. When not writing, she can be found with her nose stuck in a book or trying out new baking recipes.