- On Monday, Linde, the world’s largest industrial gases company, said it would invest $1.8 billion to supply clean hydrogen to OCI’s blue ammonia plant in the U.S. state of Texas.
- Lamba added that with support from the U.S. Inflation Reduction Act, the company is well-positioned to secure future clean energy projects.
On Monday, Linde, the world’s largest industrial gases company, said it would invest $1.8 billion to supply clean hydrogen to OCI’s blue ammonia plant in the U.S. state of Texas. The U.S. German company said it will supply OCI with clean hydrogen by sequestering more than 1.7 million metric tons of carbon dioxide emissions yearly after the expected start-up in 2025.
In a statement, Chief Executive Sanjiv Lamba said, “Linde’s capabilities are already enabling the transition to a low carbon intensity economy.” In 2022, Linde signed deals with BASF, BP and Airbus to develop clean hydrogen projects as countries look to cut back on emissions and scale renewables across polluting sectors to meet the EU’s net-zero emissions goal by 2050.
Linde said it would build, own and operate an on-site complex at the OCI plant, including auto thermal reforming, producing low-carbon hydrogen with carbon capture, and a large air separation plant. Lamba added that with support from the U.S. Inflation Reduction Act, the company is well-positioned to secure future clean energy projects.