OCI Global will supply clean ammonia to Korea from this year as part of a new agreement with Lotte Fine Chemical. The pair will also develop a global ammonia bunkering network by leveraging their existing infrastructure. Meanwhile, CF Industries and Lotte Chemical will explore new opportunities for clean ammonia production on the US Gulf Coast, as well as long-term off take to South Korea.
Grieg Star and a series of high-profile maritime consortium partners have assessed the full feasibility for retrofitting a Grieg Star L-Class vessel to run on ammonia fuel. The study concludes that technical & regulatory challenges will not be showstoppers in the transition. A combination of high investment costs, uncertainty over ammonia fuel availability & pricing and slow market development remain the biggest barriers, presenting significant risks for first movers.
The upcoming tugboat experiment scheduled for later this year will be the company’s first MW scale deployment of their ammonia-to-power system. The tugboat’s initial voyage in a New York waterway will also be the first deployment Amogy’s ammonia-to-power system in the maritime industry.
Exxon Mobil is planning a CCS hydrogen & ammonia production facility at its existing complex in Baytown, Texas, with operations to begin in 2027-8. This week, Korea-based SK Inc. Materials announced they would act as off taker for the CCS ammonia, which will be imported to Korea for use in coal co-combustion.
