Green Hydrogen ‘Cracker’ Plant in Antwerp – Project ONE of INEOS
Here’s an article posted in Hydrogen Central that talks about the Project ONE of INEOS.
According to the article,
- INEOS has secured £3.1 billion (€3.5 billion) to build Europe’s most environmentally sustainable ‘cracker’ power plant in Antwerp, Belgium.
- The project, known as Project ONE, involves the construction of a new ethane cracker with the lowest carbon footprint in Europe.
- The plant will be powered by low carbon hydrogen and will have the capability to operate entirely with low carbon hydrogen.
- The funding consists of uncovered debt, covered facilities from export credit agencies, and a covered tranche guaranteed by Gigarant.
