Hydrogen is widely seen as vital to sustainability and to help meet EU goals for the reduction of CO2 emissions. Yet, there are still challenges that need to be addressed. For the chemical industry, the development of renewable hydrogen creates opportunities. For example, hydrogen can be used in place of the combustion of fossil fuels, and in the conversion of CO2 into syngas, which could then be used to synthesize methanol, aromatic compounds or other base chemicals such as ethylene, propylene or benzene. Opportunities exist through the various roles across the emerging renewable hydrogen value chain. Chemical companies that start working with and understanding the challenges and potential of hydrogen now will be in better position to take advantage of it as it evolves.
