Itochu, Air Liquide Plan Hydrogen Value Chain Feb 26, 2021 9:40:am Summary by: Shardul Sharma Posted in: Itochu, Air Liquide Plan Hydrogen Value Chain Japan’s Itochu Corp, Air Liquide and Itochu Enex have signed a memorandum of understanding to collaborate in developing a hydrogen value chain, Itochu said on February 26. They will start by considering ‘local-production-for-local consumption’ business models in major metropolitan areas, and jointly explore hydrogen production, supply system and the expansion of the hydrogen station business. This will be a part of efforts to help scale up the hydrogen market for the industry, including in the mobility sector, Itochu said.