Linde has today (4th Feb) unveiled plans to build and operate Asia’s largest liquid hydrogen facility in Ulsan, South Korea.
Set to boast a capacity of over 30 tonnes per day, the facility will process enough hydrogen to fuel 100,000 cars and will utilise Linde’s hydrogen liquefaction technology, which the company says is currently used to produce approximately half of the world’s liquid hydrogen.
The industrial gas giant’s commitment is part of a deal with Hyosung Corporation, one of South Korea’s largest industrial conglomerates, through which they will jointly build, own and operate a nationwide network of hydrogen stations.
Under the partnership, Linde will sell and distribute the liquid hydrogen produced at Ulsan to the growing mobility market in South Korea.
The first phase of the project is expected to be operational in 2023.
“Hydrogen has emerged as a key enabler of the global energy transition to meet the decarbonisation goals set out in the Paris Agreement,” said B.S. Sung, President of Linde Korea.
“The South Korean government has set ambitious targets for hydrogen-powered fuel cell vehicles and the widespread, reliable availability of liquid hydrogen will be instrumental to achieving these targets.”
“We are excited to partner with Hyosung to develop the hydrogen supply chain in South Korea.”
“Our partnership with Linde is a cornerstone of the development of South Korea’s national hydrogen economy and will advance the entire liquid hydrogen value chain across the country, from production and distribution to sales and services,” added Cho Hyun-Joon, Chairman of Hyosung Group.
“We look forward to working with Linde to further reinforce and strengthen Hyosung as a leader in the global hydrogen energy transition.”