PX Group’s Saltend Chemicals Park in Hull, UK has been selected as the site for the build of a green hydrogen facility being developed by Meld Energy.
The move represents an investment of between £180m and £240m by the green hydrogen industrial developer.
Meld Energy is an international hydrogen development company and is working with the global energy management company, World Fuel Services Corporation, to develop green hydrogen supply chains.
World Kinect Sustainability Ventures, a subsidiary of the publicly listed US Fortune 500 company, acquired a 50% stake in Meld in late 2022.
