Economy
Suez Canal Economic Zone signs deal to build $4bn waste-to-hydrogen facility
Follow-ups -eshrag News:
Wed, 2022-06-01 19:06
RIYADH: Egypt’s Suez Canal Economic Zone has signed an initial agreement with Germany’s H2-Industries to build a $4 billion waste-to-hydrogen facility at a greenfield site in Port Said.
The project targets a production capacity of 300,000 tons per year of green hydrogen, according to a statement from the Egyptian Cabinet.
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