The newly commissioned facility will liquefy hydrogen produced by Olin for trailer shipments across the U.S., serving Plug’s material handling customers and utilizing Plug’s spot pricing market. The plant is designed to liquefy up to 15 TPD of hydrogen at maximum capacity, increasing Plug’s total production capacity to 40 TPD.
“This Louisiana plant, a milestone in expanding our U.S. hydrogen network, bolsters our financial position by leveraging a dependable, cost-effective hydrogen source, reducing our reliance on third-party suppliers,” said Plug CEO Andy Marsh.
Ken Lane, President and CEO of Olin, added: “This joint venture is consistent with Olin’s value-first approach to build on our existing leading positions through high-value adjacencies or bolt-ons that align with our capital allocation framework.”
Established in 2022, Hidrogenii was formed by Olin and Plug to build and operate this state-of-the-art liquid hydrogen facility in St. Gabriel, Louisiana. The plant plays a key role in Plug’s broader strategy to scale a national green hydrogen network, joining existing Plug production sites in Woodbine, Georgia (15 TPD), and Charleston, Tennessee (10 TPD).
