Published by Todd Bush on March 8, 2024
ST. PAUL, Minn., March 7, 2024 /PRNewswire/ -- 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M – a high-strength, low-density hollow glass microsphere. The collaborative research will focus on developing a high-performance vacuum insulation system for liquified hydrogen storage and transportation.
The research between 3M and HD Hyundai will focus on developing a high-performance vacuum insulation system for liquified hydrogen storage and transportation.
>> In Other News: IMC Unveils Design of Its 50 Nikola Hydrogen Fuel Cell Electric Trucks at Grand Opening of Sustainable Facility
"We are honored to conduct joint research with 3M on insulation materials for hydrogen storage tanks," said Kim Sung-jun, CEO of HD Korea Shipbuilding & Marine Engineering.
Hydrogen technology is a major factor for the future of clean energy, but the success of storing and transporting liquid hydrogen is key to its viability. Hydrogen needs to be transported as a liquid and not a gas, because it can be reduced to 1/800th the volume. However, hydrogen is liquefied at a very low temperature of minus 253 degrees Celsius, so a high-performance insulation system for the tanks and the main materials involved are critical.
"Through this agreement, we hope to successfully build a technology collaboration system that can lead the world in the field of liquified hydrogen storage and transportation," said Dr. Kwang pil Jang, President of the Future Technology Research Institute. "We are very excited to collaborate with 3M, which currently produces one of the highest performing insulation products in the world. HD KSOE will surely lead the future hydrogen society through synergy with 3M based on the global top technology we have accumulated so far."
A signing ceremony was held at the 2024 Consumer Electronics Show (CES) and was attended by Kim Sung-jun and Kwang pil Jang, along with 3M's Advanced Materials Division president Brian Coleman and global lab director Patrick Fischer.
"This collaboration is a major step forward in the pursuit of making hydrogen technologies available at scale," said Coleman. "3M's glass bubbles offer significant advantages over traditional cryogenic insulation materials when it comes to thermal efficiency and durability. We're thrilled to lend our expertise and world-class materials science in the hydrogen value chain."
Under the agreement, the two companies will collaborate on insulation and construction workability evaluations, demonstrations, and classification approvals for the application of 3M's Glass Bubbles to HD HHI's advanced thermal insulation system for hydrogen storage tanks. Through this, the two companies hope to capture the initial volume of orders for high-value-added ships based on ultra-gap technologies in the rapidly approaching hydrogen society and further strengthen the competitiveness of the domestic shipbuilding industry.
Learn more about 3M solutions in the hydrogen economy
>> In Company Spotlight: 3M Company
3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we're working to improve lives and make what's next at 3M.com/news.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is the intermediate holding company of HD Hyundai's marine sector, one of South Korea's largest heavy industries conglomerates engaging in shipbuilding, heavy equipment, and energy businesses. Founded in 1972 and headquartered in the Republic of Korea, HD KSOE aims to become a technology-oriented company in the shipbuilding & offshore business equipped with world-class R&D and engineering capabilities. As the world's largest shipbuilder, it is leading the global market with its competitiveness in innovation and R&D, focusing on projects on shipbuilding, offshore engineering, naval shipbuilding, marine engine, marine system solutions and more. With over 50 years of experience in the industry, it is especially known for its great expertise in ship design and construction, including those on ammonia carriers, liquid carbon dioxide carriers, and ships designed for low carbon fuels.
SOURCE 3M Company
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛠️ BHP, JSW Steel To Explore Use of Carbon Capture Technology in Steelmaking 🏝️ Exxon Mobil’s Landmark Acquisition for Offshore CO2 Capture: A Big Step Toward Carbon Reduction 🚗 ...
Inside this Issue 🌊 ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S. 🌱 Toyota Showcases Technology Developments Towards a Sustainable Future 💰 DOE's $29M Investment: Advancing Carb...
Inside this Issue 🌍 Scaling Up Carbon Dioxide Storagee to Achieve a Net-Zero Future 💰 Colorado School of Mines and Carbon TerraVault Secure $8.9 Million for CarbonSAFE Project 🤝 Rushnu Signs Two A...
HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, and Enterprise Products Partners L.P. (NYSE: EPD) today announced an agreemen...
PORT HAWKESBURY, NS, Oct. 25, 2024 /PRNewswire/ - EverWind Fuels ("EverWind") is pleased to have been awarded $22.5 million through Transport Canada's Green Shipping Corridor Fund, marking a signif...
EH Group Launches EH-TRACE 250kW Fuel Cell System
NYON, Switzerland--Decarbonising high power applications has never been easier. Following several years of intense development, EH Group is proud to launch its EH-TRACE M-250kW Fuel Cell System. A...
Viridien and SLB’s First Australian Partnership Looks Into Exploration and Carbon Storage Potential
France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the explorat...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.