Sinopec Shandong Taishan Pectroleum Co.Ltd(000554) and State Power Investment Group Hainan new energy signed a project development and construction cooperation agreement

Sinopec Shandong Taishan Pectroleum Co.Ltd(000554) 3 announced on March 25 that the company signed a project development and construction cooperation agreement with State Power Investment Group Hainan New Energy Investment Co., Ltd. The agreement proposes that relying on the advantages of tourism resources, coal chemical industry base and other regional resources in Tai’an City, the two sides will expand a variety of hydrogen production technologies and applications in the field of hydrogen production, such as new energy hydrogen production, natural gas hydrogen production, coal hydrogen production, methanol hydrogen production, industrial emission gas hydrogen production and so on; In the field of hydrogen use, efforts have been made to expand the application of hydrogen fuel cells in buses in tourist cities, the transformation of hydrogen storage and hydrogenation of existing gas stations, and the market-oriented promotion and application of hydrogen energy technologies such as new comprehensive hydrogenation energy stations.

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