Loading...
Loading...
Monolith to expand clean hydrogen facilities in the US; supported with DOE grant

Monolith to expand clean hydrogen facilities in the US; supported with DOE grant

Chemical and energy company Monolith is set to expand its clean hydrogen and carbon black production facilities in Nebraska, US as it looks to prevent millions of tonnes of greenhouse gas emissions annually.

Confirming its plans on Thursday (Dec 23), Monolith said it has received conditional approval for a $1bn loan from the US Department of Energy (DOE) to carry out the major works.

The first loan from the DOE Loan Programs Office in five years validates Monolith’s pyrolysis technology for the commercial market.

As a strategic investor in Monolith, SK Group will also support the company. The DOE loan is also exciting for SK’s commitment to developing alternative energy sources and continues positive momentum for its hydrogen strategy.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...