Target Invest - We Target, We Invest

HOW LCTITAN CAN BE ROPING INTO THE GREEN HYDROGEN ECOSYSTEM WITH TOLUENE?

targetinvest
Publish date: Mon, 20 May 2024, 10:05 PM

Blog https://targetinvest88.blogspot.com


Today, I would like to share with you all my reader a potential stock with great exposure in the upcoming development of the green energy era.

As we are battling with global climate warming, develop nation all over the world is rushing to find another alternative to the current energy demand, which boils down to -> renewable energy. The renewable energy sector is very big and diverse, but a cleaner option would be wind, solar and hydro.

But some countries do not have the condition to generate enough sustainable renewable energy, hence will result into importing renewable energy in the form of HYDROGEN (H2).

Malaysia is blessed to be natural resources and ample of sunlight, and Japan and Korea had chosen Malaysia as one of their future renewable energy sources - to use solar and hydroelectric to generate electricity for electrolysis of water into oxygen and hydrogen





What is MCH (Methylcyclohexane)? Why Japan and South Korea is using MCH as Hydrogen import?
Hydrogen can be transported in many forms. Gas form is not viable because it lacks density. Liquid hydrogen is very cost because it is very you need it to be freeze into -253 degree celsius, and stored at constant  -162 degree celsius, which is very energy draining.
Hence the alternative will be storing hydrogen as mixture liquid, which is
1. Ammonia (NH3)
2. MCH (methylcyclohexane) 

However, Ammonia is corrosive, and will not be suitable to be stored in the existing infrastructure of the oil storage tanks in Japan and Korea.

The best option is MCH, which is a product by mixing hydrogen and toluene.
MCH characteristic
- stable in room temperature
- can be stored in existing oil drum storage facilities
- can be shipped by existing marine oil tanker
- can hold more hydrogen than other liquid
- can be recycled to use



So how does LCTITAN come into the picture of HYDROGEN and MCH (Methylcyclohexane) ?
From a chemical producer running into green energy supply chain, LCTITAN is poised for a strong rerating as they will be the main player in the whole picture of hydrogen to MCH conversion.
LCTITAN is the main producer for a critical component in the creation of MCH -> toluene

Hydrogenation of toluene: 
CH3 C6 H5 (Toluene) + 3 H2 (Hydrogen) → CH3 C6 H11 Methylcyclohexane


I will be sharing more information on this area soon. 
How much hydrogen is needed by Japan and South Korea?
How much toluene will need to be produce?
What is the timeline?
What is LCTITAN strategy in Malaysia and Indonesia?

Finally, and most interestingly, are you ready to get invested into green hydrogen supply chain by looking up at LCTITAN? I have to informed my reader that I am invested in LCTITAN because of this green hydrogen energy transfer between Malaysia and Japan / South Korea. I had also found of that Petronas Chemical do not produce Toluene, which make LCTITAN a possible sole producer for now.

Please do your own research and study on this area before investing.

IMPORTANT NOTICE
Please be informed that I am not a professional or certified analyst. I am not a licensed consultant, just a normal retail investor. I am just sharing my ideas and opinion on the market outlook. Any company mentioned should not be interpreted as a buy/sell/trade call. Please do your own research and buy/sell/trade at your own risk.

Blog https://targetinvest88.blogspot.com

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment