Recent developments
Low‑carbon ammonia
Air Products and Yara advanced plans for U.S. and Saudi projects, including a Louisiana complex producing over 750 mmscfd of low‑carbon hydrogen with 95% CO2 capture and structured offtake/marketing. In Asia, Eni’s gas discovery in the Kutei Basin could influence regional LNG, blue hydrogen, and ammonia feedstock availability.
Corporate restructuring
OCI signaled portfolio shifts: divesting ammonia logistics and reporting higher costs as the Beaumont New Ammonia project nears start-up, while a planned merger with Orascom Construction forms an Abu Dhabi‑based infrastructure and investment platform. These moves may reshape supply optionality and distribution pathways for nitrogen and hydrogen‑derived products.
ASU electrification
To decarbonize oxygen supply, Air Liquide will upgrade its Air Separation Unit in Yulin from steam to electric drive, raising O2 capacity by 10% and cutting up to 550,000 t/y CO2 when powered with low‑carbon electricity. The project, under a contract extension with Yangchang Group, targets end‑2027 operation.
Grid integration, CCS
In Rotterdam, Shell and Linde launched an energy hub at Pernis to share power amid grid congestion; Linde uses shared electricity to compress captured CO2 for Porthos transport and storage. The model, coordinated with network operators and the port authority, supports operational continuity pending grid expansion.
Hydrogen mobility
Air Liquide and Hyundai Motor Group expanded collaboration to scale heavy‑duty hydrogen use across Europe, South Korea, and the U.S., including refueling networks and storage. Reported deployments include over 2,000 hydrogen buses and 37,000 FCEVs in Korea, plus a 450‑bar filling center in Daesan.