Aug 27 (Reuters) - Industrial gases firm Linde ( LIN )
said on Tuesday it would invest more than $2 billion to build a
clean hydrogen facility for supplying to Dow's Path2Zero
production complex in Alberta, Canada.
The facility would be the largest clean hydrogen production
site in Canada upon completion in 2028 and would also supply to
other customers along with Dow, the company said.
Linde ( LIN ) had announced a $1.8 billion investment in another
clean hydrogen plant in the U.S. last year amid increasing
interest in the clean burning fuel.
The Woking, UK-based company added it would also capture
more than 2 million metric tons of carbon dioxide emissions per
year for sequestration.
The Dow facility includes a new ethylene cracker that is
still under construction, which would help increase the chemical
maker's polyethylene capacity by 2 million metric tonnes per
annum.