Impact investing in Paris suburban ‘banlieue’ neighbourhoods 
Why is the London Stock Exchange losing out to the US 
What if the Reserve Bank itself has been feeding inflation? An economist explains 
Major Victory for Bayer's Monsanto as Appeals Court Overturns $185 Million Award in Chemical Exposure Case 
Nigerians throw naira notes around to show love: but it could land you in jail 
Peloton CEO Quits, Company Slashes 15% of Its Workforce as Restructuring Begins 
Booking Holdings Surpasses Wall Street Expectations with Strong Q1 Earnings Amidst Global Travel Surge 
Kakao Enhances AI Focus, Merges Kakao Brain Into Core Operations 
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks 
Sony Pictures, Apollo Looking to Jointly Acquire Paramount, Propose $26 Billion Cash Deal 
‘They don’t have enough’ – schools in England are running food banks for families 
Ferrari Unveils New 12Cilindri Models, Bolstering Its Petrol-Powered Lineup 
2025 Sees SK hynix's HBM Chips Fully Booked Amidst AI Surge 
High interest rates aren’t going away anytime soon – a business economist explains why 
Tesla Drivers Get $4k Off 2024 Chevy Blazer EV; Costco Auto Slashes Prices on New EVs 
Boeing’s Starliner is about to launch − if successful, the test represents an important milestone for commercial spaceflight 
Hyundai Motor and SK E&S Co. Ltd. recently participated in the Hydrogen & Fuel Cell Seminar (HFCS) which is the largest event in the hydrogen business in North America. With their participation, the South Korean companies reaffirmed their intention to enter the hydrogen market in the U.S.
An official said that Hyundai Motor and SK E&S want to infiltrate this market better. South Korea’s Ministry of Trade, Industry and Energy also said it took part in the seminar that was held from Feb. 7 to Feb. 9 in Long Beach, California, as a guest of honor.
The event was organized by the Fuel Cell & Hydrogen Energy Association (FCHEA) and has the support of the U.S. government. In any case, the Ministry of Trade also held a public-private joint investment briefing session at the seminar.
The Korea Times reported that the event is a business venue where over 70 companies and organizations from around the world come together to talk about the global issues related to the hydrogen industry. There is also an exhibit for the latest technologies developed by the participating firms.
Korea's MOTIE revealed its plans of building the largest liquefied hydrogen plant in the world. It is aiming to set up the facility in the country this year to supply commercial hydrogen vehicles.
At the event, Hyundai Motor also showcased its Xcient Fuel Cell truck and shared its plan to develop the hydrogen commercial vehicle business in North America. SK E&S unveiled its plan to add more regions to expand its Asian market by launching its SK Plug Hyverse which is a joint venture with Plug Power and Korea Zinc. The company revealed it has a green hydrogen value chain construction project in Australia.
“Hyundai Motor Group plans to pursue hydrogen-related business opportunities encompassing the whole hydrogen value chain, including production, reform and carbon capture utilization and storage (CCUS) as well as storage, transportation and utilization,” Hyundai said in a press release.
The automaker added, “In support of the plan, the Group aims to establish its ‘Waste-to-energy’ hydrogen production system by actively utilizing biogas extracted from organic waste and contributing to advancing an eco-friendly hydrogen ecosystem through not only mobility, but also diversified hydrogen applications.”
