Bondalti fosters hydrogen strategy
The Bondalti project to produce hydrogen in its chemical complex in Estarreja was selected by the Portuguese State for application of financing by the European Union. The decision is a fundamental step in the accomplishment of this structuring project for the National Hydrogen Strategy (EN-H2).
Bondalti, a company belonging to the José de Mello Group, presented, within the scope of the market consultation promoted by the Portuguese government, an expression of interest for participation in the future Important Project of Common European Interest (IPCEI), in the hydrogen sector.
Called “H2Enable - The Hydrogen Way for Our Chemical Future”, the Bondalti project will represent an estimated total investment of 2.4 billion euros, with development and implementation by 2040.
The project is based on four phases and involves the materialization of various financial conditions, technological evolution, involvement of partners and development of the national and European hydrogen market.
The company, which currently owns industrial units in Estarreja and Torrelavega, Spain, submitted the project “H2Enable - The Hydrogen Way for Our Chemical Future”, which stands out for its wide scope in the hydrogen value chain, including the production of photovoltaic energy, the production of green hydrogen for direct sale in the market and for the production of green ammonia, as well as the incorporation of these raw materials in the aniline production chain. In the case of green ammonia, this project also aims to replace imports with domestic production, positioning Portugal as a net exporter in this product.
The “H2Enable” project aligns with the European goals of decarbonization and reindustrialization, based on advanced, intelligent and efficient technologies, with low environmental impact, orientation towards more qualified products and with greater added value, as well as the principles of circularity.
Bondalti's president, João de Mello, explained that “the entry into the hydrogen chain is a clear sign of the company's growth strategy, visible in the recent investments to modernize the Estarreja unit and in the construction of a new plant in Torrelavega, which now positions the company as an Iberian leader in chlorine production ”. This new project will have a strong impact on the increase of national exports and the decrease of imports, namely of ammonia, and the focus on the circular economy will also contribute to the increase of efficiency and the creation of value.
João de Mello stresses also that “the vast experience in the chemical industry is part of Bondalti's DNA, whose origins go back to CUF - Companhia União Fabril, so we look forward with enthusiasm to the prospect of another new phase in the company's life, anchored in our more genuine values of entrepreneurship and innovation ”.