Air Liquide Technology Converts Ammonia Into Hydrogen at Industrial Scale [Yahoo! Finance]
L'AIR LIQUIDE SA UNSP/ADR (AIQUY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
ammonia-to-hydrogen conversion capacity at the Port of Antwerp-Bruges, Belgium. This groundbreaking innovation, announced November 13, demonstrates a key missing technology brick to a viable pathway for converting ammonia into hydrogen, and unlocks challenges of transportation of hydrogen. This technology proven at the industrial scale for the development of world-scale ammonia cracking plants enables access to low-carbon and renewable hydrogen for the decarbonization of industry and mobility. The ability to efficiently transport hydrogen over long distances is a persistent challenge in developing a robust global hydrogen economy. Ammonia (NH ), formed by hydrogen and nitrogen molecules, emerges as a valuable hydrogen carrier. It can be cost-effectively produced in regions rich in renewable energy sources, such as solar, hydro, and wind or other low-carbon power. A well-established global infrastructure already exists for the large-scale production, transportation, and utilization of
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