MOSCOW (MRC) -- Ineos has invited engineering design contractors to tender for the design of a hydrogen production plant equipped with carbon capturing capabilities at its Grangemouth site, said the company.
The chemicals giant said the “world-scale” plant marked the next significant step on its net zero roadmap, which would see emissions fall by more than 60% across the site by 2030.
It follows the group’s commitment made last year to invest more than GDP1 bn to reduce the environmental impact of its Grangemouth refinery, and reach net zero by 2045.
The tender will cover design of a “state-of-the-art” carbon capture-enabled hydrogen production plant, as well as major associated infrastructure, Ineos said.
In September 2021 when Ineos first announced low-carbon hydrogen production at the site, Andrew Gardner, CEO and chairman of INEOS at Grangemouth, said that low-carbon hydrogen production at could reach around 150,000 tonnes of hydrogen per year. This would put the capacity of the plant at around 700MW at higher heating value.
According to data from National Grid, industrial gas offtake at Grangemouth has averaged around 1.02 million cubic metres (mcm)/day between 1 October 2021 and 25 January 2022. To produce the equivalent amount of energy as hydrogen, roughly 1.20mcm/day of natural gas would be required.
As per MRC, Ineos Styrolution, the global leader in styrenics, announced today that its Novodur 550 has been selected by THACO Plastics Component (TPC), one of the leading OEMs producing key automotive parts for global brands in Vietnam, to be used for rear spoiler application.
As MRC reported earlier, in March 2021, Ineos and French power company Engie announced a pilot project to partially replace natural gas feed with hydrogen at Ineos’s phenol plant in Doel near Antwerp, Belgium. No investment figure has been given. Hydrogen will be used in a commercial-scale cogeneration plant designed to generate electricity and heat from natural gas.
Ineos Group Limited is a privately owned multinational chemicals company consisting of 15 standalone business units, headquartered in Rolle, Switzerland and with its registered office in Lyndhurst, United Kingdom. It is the fourth largest chemicals company in the world measured by revenues (after BASF, Dow Chemical and LyondellBasell) and the largest privately owned company in the United Kingdom.
MRC