Ineos Invests £30 Million in Hydrogen to Decarbonise Operations in Europe
Key Ideas
- Ineos Acetyls invests £30 million in hydrogen to decarbonise operations and dramatically lower emissions at Saltend-based site in Hull.
- CEO David Brooks highlights the 75% reduction in CO2 emissions achieved through the switch to hydrogen, emphasizing the tangible results of the investment.
- The use of hydrogen as a co-product from existing manufacturing processes demonstrates a smart and efficient resource utilization model that Ineos aims to replicate across the industry.
- The investment is part of Ineos' broader strategy to cut emissions, clean up sites, and enhance operational sustainability, contributing to a world-leading product carbon footprint.
Ineos Acetyls, a major industrial-scale manufacturer of essential chemicals in Europe, has made a significant investment of £30 million in hydrogen to drive decarbonization efforts across its operations, particularly at the Saltend-based site in Hull, UK. The company, known for producing acetic acid, acetic anhydride, and ethyl acetate, crucial elements in various products from medicines to clean water, has successfully reduced its CO2 emissions by an impressive 75% after transitioning to hydrogen. CEO David Brooks expressed their commitment to environmental sustainability by stating that the investment aims to clean up the site and future-proof operations. This initiative not only marks a substantial improvement in the site's product carbon footprint but also sets a benchmark for the industry. By utilizing hydrogen as a co-product from existing processes, Ineos demonstrates a practical and resource-efficient approach that could be adopted by other companies. The investment aligns with Ineos' broader strategy to mitigate emissions and enhance operational sustainability, illustrating a pivotal step towards achieving a more environmentally friendly manufacturing sector.