MOSCOW (MRC) -- International industrial gases major Linde plans to work with a subsidiary of Chinese energy and petrochemicals firm China National Offshore Oil Corp (CNOOC) to jointly develop China’s hydrogen energy industry, Linde said.
"This MoU builds on a history of close cooperation between Linde and CNOOC. Linde is a global leader in hydrogen technology and mobility solutions, and we are proud to work with CNOOC to develop the hydrogen energy industry in China," said Sanjiv Lamba, Executive Vice President and CEO Asia Pacific, Linde. "Together, we will leverage our complementary strengths and work towards a more sustainable, low-carbon future for China."
"Developing the new energy industry is an important priority for CNOOC," said Li Xinzhong, President of CNOOC Energy Technology & Services. "Linde has industry-leading expertise in hydrogen and hydrogen refueling technology and we look forward to collaborating with Linde to jointly develop China's hydrogen energy industry."
Linde is a global leader in the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system in the world. The company also operates the world's first high-purity hydrogen storage cavern coupled with an unrivalled pipeline network to reliably supply its customers. Linde is at the forefront in the transition to clean hydrogen and has installed over 180 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide. The company offers the latest electrolysis technology through its newly formed joint venture ITM Linde Electrolysis. The company is a founding member of the global Hydrogen Council and the China Hydrogen Alliance, which was formed to explore the contribution and potential of hydrogen as a key element of the clean energy transition.
CNOOC Energy Technology & Services is a new energy subsidiary of CNOOC, China's third largest national oil company. CNOOC has a strong hydrogen production capacity and large footprint of filling stations in the coastal areas of the country.
As MRC informed earlier, in February 2020, Linde PLC received a contract to provide technology for PJSC SIBUR Holding’s cracker at Amur gas chemical complex (GCC). GCC is an integrated 1.5 million tons per year polyethylene and polypropylene production complex to be built near Svobodny in Russia’s far-east Amur region. The contract was awarded to Linde under a consortium with SIBUR subsidiary and project contractor NIPIgazpererabota (Nipigaz).
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 721,290 tonnes in the first four month of 2020, up by 4% year on year. Low density polyethylene (LDPE) and linear low density polyethylene (LLDPE) shipments grew partially because of the increased capacity utilisation at ZapSibNeftekhim. At the same time, PP shipments to the Russian market totalled 347,440 tonnes in January-April 2020 (calculated by the formula production minus export plus import). Supply exclusively of PP random copolymer increased.
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