Linde secures offtake for $1.8bn US blue hydrogen project
OCI will use hydrogen from Linde’s facility for its ammonia plant in Texas
Industrial gases firm Linde has signed an offtake agreement with fertiliser giant OCI to supply blue hydrogen to its 1.1mn t/yr ammonia facility in Beaumont, Texas. Linde will build, own and operate an onsite complex that will use autothermal reforming with CCS as well as a large air separation plant. The new complex will be integrated into Linde’s existing Gulf Coast industrial gas infrastructure to serve additional and existing customers. Linde plans to invest $1.8bn into the facility, with startup scheduled for 2025. The company recently announced an operating profit of $5.4bn for 2022 and expects 2023 capex to be $3.5–4bn. “Linde’s capabilities are already enabling the transition to a lo
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory