BASF, a German chemical producer, has entered a partnership with Plug Power, a US hydrogen solutions company, to utilize BASF's DeOxo catalysts in Plug Power's hydrogen liquefaction plants across the globe. These catalysts, including the Purivate Pd15 product, offer outstanding performance at low temperatures, reducing the reliance on expensive precious metals. Additionally, Plug Power will benefit from BASF's DeOxo catalysts for oxygen removal and Sorbead Air adsorbents for efficient dehydration in their hydrogen facilities. The collaboration mainly targets hydrogen liquefaction plants with daily capacities of 30, 60, and 90 tons, with the goal of improving the economic feasibility of liquid hydrogen production. Plug Power's Vice President, Daniel Kennedy, expressed confidence in BASF's purification expertise, anticipating enhanced end-to-end solutions for clients. BASF's Senior Vice President, Detlef Ruff, highlighted the company's success in hydrogen purification and its commitment to providing reliable solutions. On a separate note, BASF signed an agreement with Forestal del Atlántico to hasten e-methanol production using carbon capture solutions. This involves sharing BASF's OASE blue gas technology to remove CO2 from flue gases as part of Forestal del Atlántico’s Triskelion project in Spain. Moreover, Plug Power made significant strides in the hydrogen market by launching a spot pricing program for liquid green hydrogen, offering buyers flexibility in purchasing without long-term agreements. The company also secured a substantial $1.66 billion loan guarantee from the US DOE, aimed at supporting the construction of large-scale hydrogen projects in the US. These initiatives reflect a positive trend towards advancing green hydrogen technology and enhancing its accessibility.