WASHINGTON — The Dow Chemical Company and General Motors Corp. (GM) have reached an initial understanding on what is believed to be the world's largest fuel cell transaction to date.
According to the companies, the intent is for GM to commercialize its hydrogen fuel cell technology to generate electricity from hydrogen created as a co-product at Dow's operations in Freeport, Texas. The 30-square-mile complex in Freeport, 65 miles east of Houston, is Dow's largest manufacturing facility.