Pensana’s commitment to the circular economy is bolstered by its relationship with Equinor, which aims to recycle 4,000 tonnes of end-of-life permanent magnets annually.
The plant will help the British chemicals company’s green transition efforts at its Grangemouth refinery and petrochemicals center, where it has already invested over £500 million in current projects.
Tata Chemicals, Encirc, InterGen, Solvay, Ingevity, Novelis, Glass Futures, and Saica Paper have already indicated an interest in purchasing hydrogen from Vertex, according to Essar, which controls 90% of the company.
A new study predicts that hydrogen will play a key role on flights of up to 3,400 kilometers. In order for the technology to prevail, however, political help is needed.
