Haldor Topsoe and Hyundai Oilbank have signed a memorandum of understanding (MoU) to develop green energy solutions.
They will collaborate to search for opportunities within blue and green hydrogen, waste plastic recycling, bio-refinery, eFuels, carbon capture, utilization and storage (CCUS), and other solutions to cut carbon emissions.
Topsoe will receive a push to optimize its clean energy technologies.
Hyundai Oilbank will be able to raise its low carbon business while also meeting its aim that 70% of its total profit in 2030 would come from eco-friendly business.