Decarbonization Haldor Topsoe, Hyundai Oilbank to Jointly Develop Green Energy Solutions

Under a MOU signed between Haldor Topsoe and Hyundai Oilbank, the two companies will work together to explore opportunities within blue and green hydrogen, waste plastic recycling, bio-refinery, eFuels, CCUS (carbon capture, utilization and storage) and other solutions to reduce carbon emissions.

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Kgs. Lyngby/Denmark – Both Topsoe and Hyundai Oilbank strive to mitigate climate change. Topsoe develops cutting-edge technologies within green hydrogen, green ammonia, eMethanol, and eFuels. Hyundai Oilbank has started a transformation of its production to significantly reduce carbon emissions in its customer offerings.

Under the MOU, the two parties will collaborate on developing sustainable and efficient solutions within a range of green energy solutions. The MOU will support Topsoe in further optimizing its clean energy technologies and potentially enable Hyundai Oilbank to increase its low-carbon business and meet the company’s target of achieving 70 % of the total profit from eco-friendly business by 2030.

“We’re very satisfied to support Hyundai Oilbank in their efforts to transform their business model to sustain a green future, and we look forward to further optimizing our green energy technologies together,” says Chokri Mousaoui, Executive Vice President and Head of Green Hydrogen at Topsoe.

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