INEOS’ low-carbon hydrogen manufacturing plant
Chemicals 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.
INEOS was founded in 1998 and is headquartered in London, with a turnover of US$61 billion – and a strong desire to reach net zero.
The company has pledged £500million on sustainable projects at its sites, such as an investment in a new energy plant that can use technology to supply power to site operations. This will reduce emissions by at least 150,000 tonnes of CO2 each year. This new plant will be converted to run on hydrogen.
Locally produced hydrogen will support INEOS sites: the Grangemouth site, the KG ethylene plant and the Petroineos refinery. A new hydrogen distribution network will circulate on all the sites, up to the existing combustible gas network.
Carbon dioxide from this project will be channeled to the Scottish cluster’s Acorn CO2 transport and storage project, resulting in reductions of over one million tonnes of carbon dioxide emissions each year.
“We are progressing at the pace of our commitment to implement our Net Zero plans. This will result in the replacement of hydrocarbons used at Grangemouth, such as natural gas, with clean, low-carbon hydrogen to power our processes and make vital materials used in a wide range of sectors,” said Stuart Collings, CEO of INEOS O&P UK. “To achieve this, we invite the best engineering companies to bid to design both a state-of-the-art hydrogen production plant and a wide range of related infrastructure projects.”
Grangemouth employees are enthusiastic about the sustainability movement.
“The construction of a global low-carbon hydrogen plant is an exciting development at Grangemouth and will deliver on our commitment to reach Net Zero by 2045,” said Andrew Gardner, Chairman of INEOS. Grangemouth. “It builds on the significant CO2 reductions we have already achieved in Grangemouth since acquiring the site in 2005. We are committed to reducing our own emissions to Net Zero, creating products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution.