Trammo (one of the world's largest transporters of ammonia) will supply green ammonia to Lotte Fine Chemical (LFC is currently the largest ammonia buyer in Asia) after a new agreement was signed this week. The MoU represents the first green ammonia supply agreement in Korea, and is a critical step in LFC's development of a Korea-wide ammonia value chain.
A new MoU will see Infinite Blue Energy supply green hydrogen to a to-be-built urea production facility near Geraldton, Western Australia. The Project Haber urea plant (a project from Strike Energy) is designed to reduce Australia's reliance on urea imports, and at full scale will produce 1.4 million tonne of urea per year.
This week the Los Angeles City Council voted to transition to 100% clean energy by 2035, in line with President Biden’s national goals and a decade earlier than the city originally planned. This huge rollout of renewable energy generation is expected to be accompanied by a keystone role for renewable hydrogen, ammonia and synthetic methane for combustion-based power generation.
Korean logistics organisation Hyundai Glovis will ship LPG and ammonia from 2024 as part of a new ten-year agreement signed with Swiss-based commodity trader Trafigura. Glovis will spend around US$170 million on two new very large gas carriers (VLGCs) designed to carry both LPG and ammonia.
