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Hyundai Oilbank, Air Products to Team Up for Hydrogen Biz

Hyundai Oilbank, Air Products to Team Up for Hydrogen Biz

SEOUL, April 6 (Korea Bizwire) — Hyundai Oilbank Co., a major South Korean refiner, said Tuesday it will work with Air Products & Chemicals Ltd., the world’s leading hydrogen supplier, to develop hydrogen technology and business models. Hyundai Oilbank and Air Products signed a memorandum of understanding for cooperation in producing hydrogen and its applications [...]

KOGAS Developing Hydrogen Bus Charging Stations in UAE

KOGAS Developing Hydrogen Bus Charging Stations in UAE

DAEJEON, April 5 (Korea Bizwire) — The state-run Korea Gas Technology Corp. has been selected by the Ministry of Land, Infrastructure and Transport to lead a project on the development of infrastructure for hydrogen-based public transportation overseas. The company will build charging stations for hydrogen fuel-cell electric buses in the United Arab Emirates (UAE), which are [...]

Hyundai Heavy to Foster Hydrogen Biz as New Growth Engine

Hyundai Heavy to Foster Hydrogen Biz as New Growth Engine

SEOUL, March 25 (Korea Bizwire) — Hyundai Heavy Industries Group said Thursday that it will nurture hydrogen-related business as its new growth engine amid tightened environmental regulations and rising demand for eco-friendly fuels. Under the plan, the shipbuilding group will establish a new unit that handles the production of hydrogen and the use of it [...]

S. Korea to Build 2 Hydrogen Repository Facilities

S. Korea to Build 2 Hydrogen Repository Facilities

SEOUL, March 23 (Korea Bizwire) – South Korea said Tuesday it plans to build two facilities that collect by-product hydrogen and transport the resource in an effort to further boost the country’s green energy drive. The country will spend 6.3 billion won (US$5.59 million) on the project, according to the Ministry of Trade, Industry and [...]

Popularity of Hydrogen Cars Surges in Chuncheon

Popularity of Hydrogen Cars Surges in Chuncheon

CHUNCHEON, March 18 (Korea Bizwire) — The expansion of hydrogen infrastructure in Chuncheon, Gangwon Province is boosting the adoption of hydrogen vehicles. The city of Chuncheon announced that 70 out of 340 hydrogen fuel-cell electric vehicles available for the first round of distribution this year have already been sold. Following the first hydrogen charging station set up at [...]

Hyundai Heavy Joins Hands with Saudi Aramco in Hydrogen Project

Hyundai Heavy Joins Hands with Saudi Aramco in Hydrogen Project

SEOUL, March 3 (Korea Bizwire) — Hyundai Heavy Industries Holdings Co. (HHIH) said Wednesday that it has signed a deal with Saudi Arabia’s state-run oil firm Saudi Aramco to cooperate on a hydrogen project. Under the deal, Hyundai Oilbank Co., HHIH’s refining unit, will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue [...]

Plug Power and SK Group Complete $1.6 Billion Capital Investment to Build Hydrogen Economy in Asian Markets

Plug Power and SK Group Complete $1.6 Billion Capital Investment to Build Hydrogen Economy in Asian Markets

LATHAM, N.Y., Feb. 25 (Korea Bizwire) – Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, and SK Group, one of the leading South Korean business groups, announce the completion of the $1.6 billion capital investment to partner in accelerating hydrogen as an alternative energy source in Asian [...]

Hyundai, POSCO to Explore Overseas Hydrogen Biz Opportunities

Hyundai, POSCO to Explore Overseas Hydrogen Biz Opportunities

SEOUL, Feb. 16 (Korea Bizwire) — Hyundai Motor Group and POSCO will explore overseas hydrogen-related business opportunities as they diversify portfolios to secure a new growth driver, the carmaker said Tuesday. Hyundai Motor and POSCO have formed business ties to explore a partnership in overseas hydrogen production and related technology development projects and seek chances [...]