SEOUL, Sept. 28 (Korea Bizwire) — POSCO Group, South Korea’s leading steelmaker, said Wednesday it will actively enter the blue hydrogen business as part of efforts to expand its non-steel business. POSCO Holdings Inc. has signed a memorandum of understanding with its affiliate POSCO Engineering & Construction Co. and major hydrogen company Approtium Co. to [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. announced that it will invest a total of 400 billion won (US$337 million) to build an eco-friendly power plant fueled by both liquid natural gas (LNG) and blue hydrogen. Blue hydrogen is produced from natural gas and produces less CO2 The power plant [...]
SEOUL, June 15 (Korea Bizwire) — Hyundai Oilbank Co., a major South Korean oil refiner, is set to expand its blue hydrogen business by establishing infrastructure for the collection and reuse of the entire amount of carbons generated during the hydrogen production process. Blue hydrogen features lower carbon emissions by capturing and storing carbon dioxide [...]