News Snapshot:
BEIJING: China Petrochemical Corp (Sinopec Group) has announced plans to overtake the United States as the country's top hydrogen producer, keeping China on track to meet its climate change and energy transition objectives. The largest refiner and fuel distributor in the country intends to install a capacity to produce 120,000 tonnes of hydrogen annually by the end of 2025, according to a late Friday release of its hydrogen business development strategy. According to the internal website Sinopecnews.com.cn, the company aims to become the largest, most technologically advanced and most well managed hydrogen company. To help reduce carbon emissions in the...