A memorandum of understanding (MOU) for “hydrogen production through recycling plastic resources and cooperation in hydrogen usage linked projects” has been signed by Hyundai Engineering and Korea East-West Power.
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A 400 billion won investment deal has been struck between Dangjin City and Hyundai Engineering for a hydrogen production facility.
In order to achieve a carbon-neutral economy, Hyundai Engineering is striving to build a hydrogen metropolis in Dangjin, Chungcheongnam-do.
Uljin-gun, Gyeongbuk recently inked an MOU to support the clean hydrogen industry in nuclear power with Hyosung Heavy Industries and…
Hyundai Engineering will complete a technological demonstration test to manufacture high-purity clean hydrogen utilizing waste plastics as a raw material by the end of this year and will begin construction on a hydrogen production facility the following year. The facility will be built in Dangjin, Chungcheongnam-do, at a total cost of 400 billion won.
Hyundai Engineering has signed an MOU with six partners on the development of green hydrogen production technologies. The partners include POSCO, the North Gyeongsang Province government, the Uljin County Office, the Pohang Research Institute of Industrial Science & Technology (RIST), and the Korea Atomic Energy Research Institute.