popular articles

Linde and OCI, building a low carbon complex

Linde and OCI have signed a long-term agreement that will pave the way for the use of clean, low-carbon fuels. Using Linde's advanced technologies and extensive pipeline network, the operation is expected to generate 1.7 million metric tons of captured emissions per year.

Please share:

Linde announced today that it has entered into a long-term agreement with OCI to build, own and operate an on-site complex that includes an autothermal reformer and air separation facility. The new complex will be integrated into Linde’s Gulf Coast industrial gas network and will supply clean hydrogen to OCI’s Beaumont, Texas plant.

 

A transition to a low-carbon economy

The project is expected to start in 2025 and the total investment will be $1.8 billion. Once finalized, it will provide 1.7 million metric tons of carbon dioxide emissions to be captured per year.

According to CEO Sanjiv Lamba, “Linde’s capabilities are already enabling the transition to a low-carbon economy.” The company works with off-takers such as OCI to provide the market with low-carbon industrial gases.

 

Linde’s capabilities

For his part, General Manager Ahmed El-Hoshy emphasizes that “the facility will allow us to build and strengthen our global clean fuels platform by supplying the US and international markets”. He says Linde’s exceptional expertise and extensive pipeline network make it a natural choice for this type of operation.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Schneider Electric announced exceptional financial results for 2024, driven by strong demand in energy management and data centre sectors, despite a decline in its industrial automation business.
Nexans, a major player in cable production, benefits from strong demand linked to infrastructure electrification, contributing to the growth of its financial results.
Nexans, a major player in cable production, benefits from strong demand linked to infrastructure electrification, contributing to the growth of its financial results.
Orano reports a threefold increase in annual profit, driven by strong Japanese demand and rising uranium prices. The company benefits from a robust recovery in its uranium supply contracts.
Orano reports a threefold increase in annual profit, driven by strong Japanese demand and rising uranium prices. The company benefits from a robust recovery in its uranium supply contracts.
Sitka Power Inc. announces the acquisition of multiple renewable energy and energy storage projects from Saturn Power Inc., further strengthening its position in the renewable energy sector in Alberta, amid growing demand for these technologies.
Sitka Power Inc. announces the acquisition of multiple renewable energy and energy storage projects from Saturn Power Inc., further strengthening its position in the renewable energy sector in Alberta, amid growing demand for these technologies.
Tokyo has announced a 60% reduction in greenhouse gas emissions by 2035 compared to 2013. This ambition involves an energy transition marked by the development of renewable energies and increased reliance on nuclear power to ensure the country’s energy security.
Veolia has signed an agreement with Emirati oil company Adnoc to streamline water consumption at its industrial sites. This strategic partnership aims to improve resource management and aligns with the French group’s expansion strategy in the Middle East.
Veolia has signed an agreement with Emirati oil company Adnoc to streamline water consumption at its industrial sites. This strategic partnership aims to improve resource management and aligns with the French group’s expansion strategy in the Middle East.
Air Liquide has signed a record volume of power purchase agreements (PPAs) in 2024, adding more than 2,500 GWh of low-carbon electricity to its supply. These long-term agreements cover several key markets and support the company’s energy modernization efforts.
Air Liquide has signed a record volume of power purchase agreements (PPAs) in 2024, adding more than 2,500 GWh of low-carbon electricity to its supply. These long-term agreements cover several key markets and support the company’s energy modernization efforts.
Enbridge, a major player in natural gas transportation and distribution, announces an increase in its adjusted EBITDA. Driven by targeted acquisitions and steady expansion, these financial indicators illustrate the group’s solidity for the coming year.
Enbridge, a major player in natural gas transportation and distribution, announces an increase in its adjusted EBITDA. Driven by targeted acquisitions and steady expansion, these financial indicators illustrate the group’s solidity for the coming year.
Kalina Power and Crusoe Energy Systems have signed a strategic agreement to develop data centers in Alberta, utilizing excess energy resources and promoting a more sustainable approach for the technology sector.
New Zealand Energy Corp. (NZEC) confirms significant progress on the Tariki field, aiming to transform the site into a gas storage facility. The project, in response to market tensions in New Zealand, plans to begin injection in Q4 2025.
New Zealand Energy Corp. (NZEC) confirms significant progress on the Tariki field, aiming to transform the site into a gas storage facility. The project, in response to market tensions in New Zealand, plans to begin injection in Q4 2025.
EDF plans to host data centers on six industrial sites already connected to the power grid. This initiative aims to accelerate the installation of digital infrastructure while optimizing its land assets. A call for expressions of interest will be launched by the end of February.
EDF plans to host data centers on six industrial sites already connected to the power grid. This initiative aims to accelerate the installation of digital infrastructure while optimizing its land assets. A call for expressions of interest will be launched by the end of February.
BP announces a strategic shift following a collapse in its 2024 profits. Under pressure from activist investors, the British group must balance profitability with the transformation of its asset portfolio in a changing market environment.
BP announces a strategic shift following a collapse in its 2024 profits. Under pressure from activist investors, the British group must balance profitability with the transformation of its asset portfolio in a changing market environment.
The International Energy Agency (IEA) is preparing to launch a global observatory in April to measure the energy footprint of data centers. This initiative aims to centralize reliable data as electricity consumption linked to artificial intelligence (AI) continues to grow rapidly.
Potentia Energy, owned by Enel Green Power and INPEX, announces the acquisition of a portfolio exceeding 1 gigawatt (GW) of renewable energy assets in Australia. The deal includes operational wind and solar facilities as well as projects in advanced stages of development.
Potentia Energy, owned by Enel Green Power and INPEX, announces the acquisition of a portfolio exceeding 1 gigawatt (GW) of renewable energy assets in Australia. The deal includes operational wind and solar facilities as well as projects in advanced stages of development.
International Petroleum Corporation (IPC) repurchased 407,001 of its own shares between February 3 and February 7, 2025, as part of its ongoing buyback program. These transactions are part of the company’s capital management strategy and involve the Stockholm and Toronto markets.
International Petroleum Corporation (IPC) repurchased 407,001 of its own shares between February 3 and February 7, 2025, as part of its ongoing buyback program. These transactions are part of the company’s capital management strategy and involve the Stockholm and Toronto markets.
BP’s stock rises by more than 6% on the London Stock Exchange following reports of Elliott Management acquiring a significant stake. The activist fund is known for demanding strategic changes in the companies it invests in.
BP’s stock rises by more than 6% on the London Stock Exchange following reports of Elliott Management acquiring a significant stake. The activist fund is known for demanding strategic changes in the companies it invests in.
TotalEnergies plans to list its shares on the New York Stock Exchange by the end of 2025. The objective is to attract more American investors by converting its ADRs into ordinary shares while maintaining its presence in Paris.
Vinci CEO Xavier Huillard warns about the consequences of increased taxation on large companies in France. He highlights the risk to industrial investment and calls for greater regulatory stability to maintain the country’s attractiveness.
Vinci CEO Xavier Huillard warns about the consequences of increased taxation on large companies in France. He highlights the risk to industrial investment and calls for greater regulatory stability to maintain the country’s attractiveness.
The rapid growth of artificial intelligence (AI) is driving an exponential increase in the energy and water consumption of its infrastructure. A British report highlights the need for tech companies to better regulate the impact of their data centers.
The rapid growth of artificial intelligence (AI) is driving an exponential increase in the energy and water consumption of its infrastructure. A British report highlights the need for tech companies to better regulate the impact of their data centers.
Despite Donald Trump's return and his measures favoring fossil fuels, major companies, including in the United States, are continuing their energy transition plans. American banks still finance renewable energy despite withdrawing from climate initiatives.
Despite Donald Trump's return and his measures favoring fossil fuels, major companies, including in the United States, are continuing their energy transition plans. American banks still finance renewable energy despite withdrawing from climate initiatives.
Norwegian energy giant Equinor has revised its renewable energy ambitions downward while increasing its focus on hydrocarbons. A strategic decision that aligns with industry trends and meets market expectations.
After a 26% drop in net profit in 2024, TotalEnergies adjusts its strategy by reducing its investments in low-carbon energy by $500 million. Despite this decline, the group continues its share buyback program and dividend increases.
After a 26% drop in net profit in 2024, TotalEnergies adjusts its strategy by reducing its investments in low-carbon energy by $500 million. Despite this decline, the group continues its share buyback program and dividend increases.
TotalEnergies CEO Patrick Pouyanné aligned himself with Bernard Arnault's stance on the surtax on large corporations' profits. This measure, aimed at reducing the public deficit, is generating mixed reactions within the business sector.
TotalEnergies CEO Patrick Pouyanné aligned himself with Bernard Arnault's stance on the surtax on large corporations' profits. This measure, aimed at reducing the public deficit, is generating mixed reactions within the business sector.
Alfa Laval has signed an agreement to acquire NRG Marine, a UK-based company specializing in ultrasonic anti-fouling technology. This acquisition aims to enhance the group’s offering in the maritime, oil, and industrial sectors in response to the growing demand for these innovative solutions.
Alfa Laval has signed an agreement to acquire NRG Marine, a UK-based company specializing in ultrasonic anti-fouling technology. This acquisition aims to enhance the group’s offering in the maritime, oil, and industrial sectors in response to the growing demand for these innovative solutions.

Advertising