- INEOS Inovyn plans to invest in the construction of new hydrogen purification and compression systems at its Tavaux facility (France), to supply road transport across Eastern France from 2026.
- In partnership, HyMove will set up and invest in hydrogen distribution network for heavy-duty transport in the Bourgogne-Franche-Comté region.
- The project to invest in low-carbon hydrogen produced, purified and compressed by INEOS Inovyn and the first supply network to be developed by HyMove is called ‘ReadHy to Move’.
- ‘ReadHy to Move’ will contribute significantly to the decarbonisation of freight, in line with French national objectives by supplying on one of Europe’s busiest transport corridors.
INEOS Inovyn and HyMove have today announced their intention to deliver high purity, low-carbon hydrogen, produced at the INEOS Inovyn site in Tavaux (France), to the transport sector across Eastern France. The project, which is known as ‘ReadHy to Move’ will help decarbonise passenger and freight transport in line with French national emission reduction targets.
INEOS Inovyn is the largest operator of electrolysis technology in Europe. It produces more than 10,000 tonnes of low-carbon hydrogen at its Tavaux site, which is equivalent to approximately 50 million litres of diesel per year. Investment in new hydrogen purification and compression systems at the site will open up a reliable, high quality source of hydrogen, essential for the supply of new hydrogen networks, necessary to decarbonise transportation.
As part of the project, HyMove, a joint venture between Inthy group and Alpiq AG, will set up and invest in a new hydrogen distribution network for heavy-duty transport in the Bourgogne-Franche-Comté region. HyMove logistics will begin the shipment of a part of INEOS Inovyn hydrogen from Tavaux from 2026, significantly improving availability of hydrogen for low carbon transport across the region.
‘ReadHy to Move’ is particularly important for the Bourgogne-Franche-Comté region, which is one of the busiest transport networks in Europe. It will also develop skills in hydrogen technology and create new jobs in a growth sector for the future.
HyWay, a second joint venture between Inthy group and Alpiq AG, will also offer a pay-per-use hydrogen trucks to local logistics companies wanting to reduce their carbon footprint.
Wouter Bleukx, Business Director Hydrogen, INEOS Inovyn said. “Hydrogen is an important part of a climate neutral transport network, necessary to meet national emission reduction targets. With extensive experience in electrolysis and the production of hydrogen, INEOS Inovyn is uniquely placed to support these new opportunities, driven by emerging demand for affordable, zero-carbon energy sources.”
ENDS
Find the French version of this press release here.
For editors:
About INEOS Inovyn
INEOS Inovyn is Europe's leading producer of vinyls and in the top three worldwide. With an annual turnover of €4.5 billion, INEOS Inovyn has circa 4,200 employees and manufacturing, sales and marketing operations in 8 countries across Europe.
INEOS Inovyn’s portfolio consists of an extensive range of class-leading products arranged across General Purpose Vinyls; Specialty Vinyls; Organic Chlorine Derivatives; Chlor-Alkali; Hydrogen and Vinyls Technologies. INEOS Inovyn's annual commercial production volume is circa 10 million tonnes.
See www.inovyn.com for more details.
We are INEOS | INEOS Group
INEOS is one of the world’s largest chemical producers and a significant player in the oil and gas market. Learn more about who we are, today.
In 2023, INEOS marks 25 years since its inception.
On 5 May 1998 the first deal was signed to buy former BP site at Antwerp from INSPEC under the INEOS name, with 300 staff at a cost of £80m. Since this first deal, INEOS has completed hundreds of deals in petrochemicals, oil & gas, and energy growing to a $65bn revenue group with 36 businesses in 29 countries and 26,000 staff.
Over recent years, INEOS has expanded beyond the industrial heart with investment in consumer brands, sports and charities.
What defines INEOS is its scale, people and culture; asking the big questions to tackle global challenges -with grit, rigour and humour. And with remarkable people, achieving extraordinary outcomes.
25 years is a moment in time, to look back on what has been built and to look forward to what is to come. INEOS is ambitious and continues to look for new opportunities and go for growth. Follow the INEOS journey and see where it leads.
See www.ineos.com for more details.
About HyMove and HyWay
HyMove and HyWay are two JVs created by Alpiq AG and IntHy. The former’s mission is to organise logistics and balance hydrogen needs and resources, whilst the latter commercialises turnkey heavy-duty vehicles powered by hydrogen.
Alpiq is one of the main producer of electricity in Switzerland and one of the leading suppliers of electricity to industries in France. It participates in the Swiss Hydrospider ecosystem, which delivers a carbon-free transport service to Swiss retailers by producing hydrogen and delivering it to distribution stations. The ecosystem already operates 50 hydrogen trucks and 12 hydrogen service stations.
See www.alpiq.com for more details.
IntHy, which integrated Rougeot Energie group, is an innovative player in the energy transition. It provides customers and partners with low-carbon energy and mobility solutions. The group is responsible for the DMSE project (Dijon Métropole Smart Energy) alongside the Dijon metropolis, which contributes to the development and construction of hydrogen refueling stations across the city.
See www.inthy.com for more details.
