The HyDuqm green hydrogen project, a joint venture between Engie and Posco, is gaining significant attention in the chemical industry due to its potential to revolutionize the sector. With a massive investment of $7-$8 billion, the project aims to produce 200,000 tonnes of green hydrogen annually, offering a sustainable solution for decarbonization. This initiative is crucial for reducing carbon emissions in ammonia production and refining processes, paving the way for cleaner fuels and sustainable fertilizers. The project's ambitious scale includes a 5GW renewable energy infrastructure to power the electrolysis process, highlighting a commitment to green practices. Challenges lie in the need for public-private partnerships and government support to de-risk investments and establish clear pricing structures that ensure economic viability. Despite these challenges, the project also presents an opportunity for chemical manufacturers to innovate and create eco-friendly products, fostering a circular economy powered by renewable energy. As the industry embraces green hydrogen, it signifies a positive shift towards sustainability and highlights the transformative potential of this clean energy source in driving industrial growth.