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INEOS to invest £1bn to implement hydrogen into Grangemouth

INEOS to invest £1bn to implement hydrogen into Grangemouth

A further £1bn ($1.36bn) investment is expected to be made on the INEOS Grangemouth site in Scotland which will see the production and use of hydrogen accompanied with carbon capture and storage.

Revealed today (Sept 22), INEOS and Petroineos will move to the next stage of its decarbonisation roadmap as it aims to contribute to the Scottish Governments emissions reduction target by 2045.

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In delivering the next stage of the roadmap, the use of hydrogen will be implemented by all businesses at the site, accompanied with carbon capture and storage technology.

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