Chemical company INEOS has invited engineering design contractors to join the company, in its next steps towards creating a net zero carbon future, through the construction of a hydrogen production plant.
Technology used at INEOS to run on hydrogen
INEOS was founded in 1998 and is headquartered in London, with a revenue of USD$61bn - and a keen desire to reach net zero.
The company has promised £500mn on sustainable projects across their sites, such as an investment in a New Energy Plant that can employ technology to supply energy for site operations. This will drive down emissions by at least 150,000 tonnes of CO2 each year. This new power plant will be converted to run on hydrogen.
Locally produced hydrogen will support INEOS’s sites: the Grangemouth Site, the KG Ethylene Plant and the Petroineos Refinery. A new hydrogen distribution network will run throughout the sites, to the existing fuel gas network.
INEOS to help others reduce their emissions and lead the clean hydrogen revolution
The carbon dioxide from this project will be routed to the Scottish Cluster’s Acorn CO2 transport and storage project, resulting in reductions of more than one million tonnes of carbon dioxide emissions each year.
“We are progressing at pace with our commitment to deliver our Net Zero plans. This will see the displacement of hydrocarbon fuels used at Grangemouth, like natural gas, with clean, low carbon hydrogen to power our processes and manufacture vital materials used across a wide range of sectors,” said Stuart Collings, CEO INEOS O&P UK. “To achieve this, we are inviting bids from the best engineering companies to design both a state of the art carbon capture enabled hydrogen production plant and an extensive suite of related infrastructure projects.”
Grangemouth employees are excited for the sustainability move.
“The construction of a world scale low carbon hydrogen plant is an exciting development at Grangemouth and one that will deliver on our commitment to achieve Net Zero by 2045,” said Andrew Gardner, Chairman INEOS Grangemouth. “It builds on the significant CO2 reductions we’ve already made at Grangemouth since we acquired the site in 2005. We are determined to reduce our own emissions to Net Zero, create products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution.”
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