Revealed on Monday (May 2), Air Liquide Korea and Lotte Chemical will aim to scale the hydrogen supply chain for mobility markets and support investment.

With this, the companies will look to co-invest in a new generation of large-scale hydrogen filling centres in Daesan and Ulsan.

These strategically situated hydrogen filling centres will support the Seoul metropolitan area and Gyeonggi province.

According to the companies, South Korea could well be one of the largest adopters of hydrogen in the near future with demand in the mobility sector expected to reach 100 tonnes per day by 2025 and over 1,000 tonnes by 2030.

François Abrial, Member of the Air Liquide Group’s Executive Committee supervising Asia Pacific, said, “We are pleased to enter into this strategic alliance with Lotte Chemical, a major industrial player, to join forces and accelerate the development of the hydrogen sector in South Korea.

“Air Liquide is committed to actively contribute and invest across the entire hydrogen chain, from production to storage, as well as distribution and application developments for end usages.

“In line with its sustainability objectives, which include reaching carbon neutrality by 2050, Air Liquide’s ambition is to contribute actively to the emergence of a low-carbon society.”

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