Plastic Omnium to Set up Hydrogen Production Plant
12.30.2023 By Tank Terminals - NEWS

December 30, 2023 [Tank Storage Magazine]-Plastic Omnium has announced plans to build the largest North American hydrogen storage manufacturing plant in Grand Blanc Township, Michigan, to supply a major American automaker.

 

The group will design, develop and produce high-pressure hydrogen storage systems for medium and heavy-duty zero emissions mobility. In addition, a state-of-the-art validation and prototyping lab will be commissioned to ensure product safety and customer support.The project is expected to represent a total capital investment of around $170 million (€157.5 million) and create 175 high-tech manufacturing jobs.
It will be supported by the Michigan Economic Development Cooperation (MEDC) up to $7.4 million (€6.9 million).
In addition to the fundings committed by the State, Genesee County and Grand Blanc Township are committed to investing in the infrastructure and workforce development for the project. This future 200,000 square-foot plant, with an annual production capacity of up to 100,000 high-pressure hydrogen vessels, will be commissioned at the end of 2026 with the ambition to be 100% carbon neutral.
Laurent Favre, CEO of Plastic Omnium, says: ‘We are excited to launch the construction of our first hydrogen mega-plant in the United States, in Michigan, the heart of the automotive industry. This investment follows Plastic Omnium’s record $2 billion (€1.85 billion) order from a major US automaker earlier this year, which confirms our leadership as a key technology partner for US sustainable mobility players.’
Plastic Omnium employs around 1,000 people in Michigan at its facilities in Adrian, Huron and Detroit.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More