World News
INOVYN to Work With VT Group on Hydrogen-Fuelled Chemical Barge
Ineos subsidiary INOVYN is set to work with Netherlands-based VT Group to develop Europe's first hydrogen-fuelled liquid chemical barge.
The barge will ship chemicals for INOVYN between its Antwerp and Jemeppe sites, fuelled by hydrogen produced by the company, Ineos said in a statement on its website on Wednesday.
VT Group will own and operate the barge, retrofitting an existing vessel with hydrogen propulsion systems.
"Hydrogen-powered transport will play a critical role in Europe's journey to net-zero and INOVYN is perfectly positioned to drive down emissions in the transport sector as we are already a producer of low-carbon hydrogen and have significant demand for transportation," Wouter Bleukx, hydrogen business manager at INOVYN, said in the statement.
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