Plasma technology, known for its applications in electric arc furnaces and nuclear fusion, is now making waves in the cleantech world, particularly in the realm of hydrogen plasma technologies. By heating a gas to create the fourth state of matter, plasma enables more efficient chemical conversions by increasing reactivity. This heightened reactivity is crucial for processes like hydrogen plasma reduction of iron ore and the conversion of carbon dioxide to syngas using cold plasma technology. The benefits of plasma processing are significant for the chemicals industry, as it offers a pathway to address emissions resulting from traditional heat-intensive processing methods. By utilizing renewable energy sources to generate plasma, companies can achieve high efficiency conversions with reduced energy requirements. Start-ups like D-CRBN, Refuel Green, EnaDyne, and Thoriant are pioneering plasma technologies for diverse applications including methanol, ethanol, and hydrogen production. The use of plasma processing not only reduces energy consumption but also leads to cost savings. Syngas production from green hydrogen and reduced carbon monoxide can slash energy needs by over 30% compared to traditional methods. Furthermore, companies like D-CRBN and Refuel Green are demonstrating the viability of plasma technologies through successful pilot projects and fundraising efforts. Looking ahead, the future of plasma processing holds promise in driving down global emissions from chemical production processes. However, the full realization of this potential is contingent on technology advancements, affordable electricity costs, and the integration of complementary technologies like hydrogen production and fuel synthesis. As plasma processing continues to evolve, its role in sustainable chemicals production becomes increasingly crucial for a greener industrial landscape.