Specifically, Nouryon would build and operate the facility based on its leadership position in sustainable electrochemistry.

The Port of Rotterdam would facilitate local infrastructure and investigate options for further development of a green hydrogen hub in the area.

Mainly, those participating in the project intend to take a final investment decision on the project in 2022.

Ruben Beens, CEO of BP Netherlands commented

BP is committed to advance a low carbon future. We have committed to reduce emissions in our operations, improve our products to help customers reduce their emissions and create low carbon businesses.

He continued that the use of green hydrogen made from water with renewable energy, has the potential to deliver significant emissions reductions at Rotterdam.

The collaboration with Nouryon and the Port of Rotterdam will allow BP to explore and fully understand the technical, operational and financial dimensions of this potential opportunity.

In the meantime, Knut Schwalenberg, Managing Director Industrial Chemicals at Nouryon noted

With green hydrogen, we can provide sustainable solutions to our customers ranging from low-carbon fuels and industrial processes to new forms of circular chemistry.

Concluding, Allard Castelein, CEO of the Port of Rotterdam, reported that the green hydrogen project to be developed, is crucial for making solid progress with the new energy system in order to realize their climate goals.