Milestone Achieved: Largest Hydrogen Liquefaction Plant Commissioned in Louisiana
Key Ideas
  • Olin Corp. and Plug Power Inc. commission a 15 ton/d hydrogen liquefaction plant in St. Gabriel, Louisiana, marking a significant advancement in the regional hydrogen supply chain and the U.S. shift to low-carbon energy.
  • The facility will liquify hydrogen for distribution across the U.S., enhancing Plug's material handling services and utilizing a unique spot pricing market, ultimately boosting Plug's total production capacity to 40 ton/d.
  • Plug CEO Andy Marsh highlights the plant's financial benefits, citing the establishment of a reliable and cost-effective hydrogen source that reduces dependence on external suppliers.
  • The joint venture, established in 2022 as Hidrogenii, underscores Olin's and Plug's commitment to strategic growth through valuable partnerships and aligns with Olin's capital allocation strategy.
Olin Corp. and Plug Power Inc. have successfully commissioned a 15 ton/d hydrogen liquefaction plant in St. Gabriel, Louisiana, through their joint venture, Hidrogenii. This facility, one of the largest of its kind in North America, signifies a significant step in fortifying the regional hydrogen supply chain and expediting the nation's transition to eco-friendly energy sources. The plant, designed to liquefy hydrogen produced by Olin for nationwide distribution, will particularly cater to Plug's material handling customers, supported by Plug's unique spot pricing market. With a maximum capacity of 15 ton/d, the plant's operations are set to elevate Plug's overall production capacity to 40 ton/d. Plug CEO Andy Marsh expressed enthusiasm about the new facility, emphasizing its financial advantages through a steady and cost-efficient hydrogen supply that diminishes reliance on external sources. Ken Lane, President and CEO of Olin, echoed these sentiments, highlighting the strategic alignment of the joint venture with Olin's value-centric growth approach. The successful establishment of this state-of-the-art liquid hydrogen facility in Louisiana adds to Plug's network expansion strategy, complementing existing production sites in Woodbine, Georgia, and Charleston, Tennessee, as part of the company's broader initiative to scale a green hydrogen network nationwide.
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