Air Liquide, Lotte Chemical to advance hydrogen economy in Korea

Air Liquide, Lotte Chemical to advance hydrogen economy in Korea

A joint venture between Air Liquide Korea and South Korea-based chemical company Lotte Chemical will see the two partners scaling up South Korea’s hydrogen economy through investment into large scale hydrogen filling centres in the cities of Daesan and Ulsan.

Strategically placed to fulfil demand in several densely populated regions of the country, the sites will host both the conditioning hubs and refuelling stations with Air Liquide harnessing its expertise across the hydrogen supply and use chain.

Hydrogen will be supplied by Lotte from its own off-gas sources in South Korea’s main industrial basins of Daesan and Ulsan.

Commenting on the agreement, François Abrial, Member of the Air Liquide Groups’ Executive Committee supervising Asia Pacific (APAC), reiterated the company’s stance on hydrogen, saying, “Air Liquide is committed to actively contribute and invest across the entire hydrogen chain, from production to storage, as well as distribution and application developments for end usages.”

“In line with its sustainability objectives, which include reaching carbon neutrality by 2050, Air Liquide’s ambition is to contribute actively to the emergence of a low-carbon society.”

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