
Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
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Jiaxing Iwatani, a Chinese industrial firm that mainly deals with metals, raw materials, and gas supplies, has inaugurated a new gas project in Jiaxing, China. The Gas Review has stated the launch of this four-year long project. It mainly aims at the development of the production capacity, which would ultimately benefit the global market availability.
It all started from the month of October 2019, which kickstarted with the development of the hydrogen production facility and the installation of the second Air Separation Unit (ASU), that had ensured to enable a proper supply and cooperating with the rising market demand for hydrogen supply and the air separation gases, over the eastern region. The plant began with hydrogen production, measuring a capacity of around 1500 Nm3/h, during January 2022 and installing an ASU in the month of May 2023.
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The grand inauguration ceremony gathered a crowd that witnessed the presence of all the dignitaries that are associated with the Jiaxing Iwatani plant, including the president, Mr. Hiroshi Majima, and General Manager, Mr. Masaki Sonoda. In the addressing speech, Mr. Masaki Sonoda stated that the ASU units had empowered the LIN output capacity to a peak level in the region. The president has also addressed the media firms and elaborated on the importance of collaborations while promoting the sustainability of the relations between China and Japan.
In views of the Chinese government, which had projected a long-term target of increasing hydrogen production during March 2022, and was effective from 2021 to 2035, had set a goal of establishing a well-flourished energy industry for hydrogen. It has an annual production of around 100,000 to 200,000 tonnes of hydrogen from renewable sources by 2025.
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The significance will be marked by the reduction of carbon dioxide production, contributing to a green environment, and decreasing carbon dioxide emissions to approximately one-two million tonnes per year. China is expected to reach around 35 million tonnes of hydrogen demand by the upcoming year 2030.
According to Procurement Resource, Jiaxing Iwatani had inaugurated a new gas plant at Jiaxing, China, while establishing a sustainable relationship with the Iwatani-Japan. China strategizes to utilize hydrogen as a green source, contributing to building a healthy environment and up-standing as the largest producer of hydrogen in the global market.

AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.





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