Olin Corporation and Plug Power Inc. Commission 15 TPD Hydrogen Liquefaction Plant in Louisiana
Key Ideas
  • Olin Corporation and Plug Power Inc. have commissioned a 15 TPD hydrogen liquefaction plant in St. Gabriel, Louisiana, enhancing the regional hydrogen supply chain and supporting the U.S. transition to low-carbon energy.
  • The facility will liquefy hydrogen produced by Olin for trailer shipments across the U.S., benefiting Plug's material handling customers and utilizing a novel spot pricing market.
  • This milestone strengthens Plug's financial position by reducing reliance on third-party suppliers and aligns with Olin's strategy of high-value adjacencies to enhance its leading positions.
  • The joint venture, Hidrogenii, plays a key role in Plug Power's strategy to scale a national green hydrogen network, supporting the broader goal of advancing energy independence and decarbonization at scale.
Olin Corporation and Plug Power Inc. have announced the commissioning of a 15 metric-ton-per-day (TPD) hydrogen liquefaction plant in St. Gabriel, Louisiana. This facility, operated by the joint venture Hidrogenii, is one of the largest electrolytic hydrogen liquefaction facilities in North America and plays a crucial role in strengthening the regional hydrogen supply chain. The plant aims to facilitate the U.S. transition to low-carbon energy by liquefying hydrogen produced by Olin for trailer shipments across the country, particularly serving Plug's material handling customers and utilizing their innovative spot pricing market. The commissioning of this facility marks a significant milestone in Plug Power's efforts to expand its hydrogen network in the United States. By leveraging a dependable and cost-effective hydrogen source from Olin, the plant enhances Plug's financial position and reduces its dependence on external suppliers. This strategic move aligns with Olin's approach of seeking high-value opportunities to complement its existing positions and capital allocation framework. Hidrogenii, established in 2022 as a collaboration between Olin Corporation and Plug Power Inc., focuses on operating state-of-the-art liquid hydrogen facilities like the one in St. Gabriel, Louisiana. This plant is part of Plug Power's broader strategy to develop a national green hydrogen network, joining existing production sites in Georgia and Tennessee. Through this joint venture, both companies aim to produce and deliver domestically sourced hydrogen to meet the increasing demand across various sectors like mobility, power, and industrial markets, contributing to the growth of the American hydrogen economy.
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