Dutch-based tank storage firm Vopak and Hydrogenious are set to launch a new joint venture for hydrogen storage, transport, and supply, based on Hydrogenious’ LOHC technology.
Dubbed Logistix, the new joint venture is hoped to support both parties in their efforts to supply green hydrogen to off-takers, using LOHC-based transportation via ship, train, tanker, and more.
H2 View understands Logistix will purchase hydrogenation and dehydrogenation services from/at the respective LOHC operation companies and organise transport.
Additionally, Vopak and Hydrogenious have announced commitments to accelerate the establishment of Hydrogenious’ planned LOHC storage plant in Chempark Dormagen, Germany, as well as plans for a release plant in Rotterdam, the Netherlands.
Read more: Germany to house Europe’s ‘first’ industrial scale LOHC plant for hydrogen storage
Hydrogenious uses thermal oil benzyl toluene (LOHC-BT), to absorb and release hydrogen through chemical reactions, allowing it to be used a storage and transport medium, which it says is easier to handle than pure hydrogen.
Vopak became a strategic investor in the German company in 2019, where it took an approximate 10% stake.
“Ever since Vopak’s investment in our company, we have worked very closely together in developing and establishing clean hydrogen value chains,” said Dr. Daniel Teichmann, founder and CEO of Hydrogenious LOHC Technologies.
“As a great start into the new year, we are proud to announce this new partnership with Vopak and the foundation of our joint venture,” he added.
Dick Richelle, Chairman Executive Board and CEO of Vopak, added, “We believe that different types of hydrogen logistics need to be developed to be able to facilitate the needed future flows of hydrogen and hydrogen carriers. We are excited to work together with Hydrogenious to jointly develop the first industrial-scale hydrogen supply chain using LOHC.”
A Successful Ecosystem for Green Hydrogen – Iceland
It is becoming ever clearer that the entire green hydrogen ecosystem requires alignment. Hydrogen’s potential, performance, and safety are proven. Green hydrogen is widely accepted as a core pathway to Net Zero, yet the key levers in the transition are not yet in-sync.
For these reasons, H2 View is launching An Ecosystem for Green Hydrogen, a two and a half day summit in Reykjavík, Iceland on February 28 to March 2, 2023, devoted to thought leadership, insights, and actionable takeaways for the green hydrogen ecosystem.
In a world full of distractions and technical overload, we need inspiring places to refresh our minds and bodies. The power of Iceland lies in its nature, culture, and energy. These elements serve as the perfect backdrop for a memorable and effective event at the world renowned Harpa Centre.
The summit promises to tackle all sides of the energy ecosystem, from wind and solar power requirements, through to additionality, water sustainability, electrolyser technologies, and the investment and policy climate. The 2.5 day event is split over six sessions, delegates will hear from speakers representing all strands of the hydrogen value chain in a bid to unravel key issues in the industry, and where it can make some headway.
You can find more information at h2-viewevents.com.