Plug Power and Olin Hydrocarbons develop cooperation to supply hydrogen to North America

Plug Power and Olin Hydrocarbons plan to form a joint venture to produce and sell green hydrogen at an existing plant. Plug Power will sell hydrogen and provide logistical support, while Olin will provide production and operational support. The JV's first plant in St. Gabriel, Louisiana, will produce 15 tons of hydrogen per day. The joint venture will begin operations in 2023.