Linde's $2 Billion Investment in Clean Hydrogen Facility for Dow's Path2Zero Project in Canada
Key Ideas
- Linde will invest over $2 billion in a clean hydrogen facility in Canada, supporting Dow's Fort Saskatchewan Path2Zero Project, capturing over 2 million metric tons of CO2 annually.
- The project aligns with Dow's net-zero emissions goal and advances Linde's role in the clean energy transition, with completion set for 2028.
- Linde's new facility will supply clean hydrogen to industrial customers seeking to decarbonize operations, making it the largest clean hydrogen production facility in Canada upon completion.
- The collaboration between Linde and Dow highlights a significant step towards a more sustainable future, leveraging clean hydrogen technologies and partnerships to drive growth and decarbonization.
Linde has announced an investment of over $2 billion in building a clean hydrogen facility in Alberta, Canada to supply Dow's Fort Saskatchewan Path2Zero Project. The facility will capture more than 2 million metric tons of CO2 annually, making it the largest in Canada upon completion in 2028. By utilizing autothermal reforming and Linde's proprietary carbon capture technology, the complex will produce clean hydrogen and support Dow's net-zero emissions goal. Linde's facility will also provide clean hydrogen to industrial customers aiming to decarbonize their operations. This project signifies Linde's commitment to the clean energy transition and supports Dow's strategy to decarbonize its assets while driving growth. The partnership between Linde and Dow showcases a collaborative effort to advance sustainability, leveraging clean hydrogen technologies and expertise in engineering. Linde's CEO, Sanjiv Lamba, emphasizes the importance of high-quality projects in accelerating the transition to a cleaner economy, while Dow's CEO, Jim Fitterling, highlights the significance of partnerships in achieving industry-leading initiatives. Overall, this strategic investment underscores the companies' dedication to decarbonization and sustainable growth, positioning them as key players in driving the clean energy transition.
Topics
Blue Hydrogen
Sustainability
Investment
Energy Transition
Engineering
Partnership
Decarbonization
Carbon Capture
Growth
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