LOTTE Fine Chemical, Amogy partner on ammonia‑to‑power in South Korea
They will collaborate on hydrogen refuelling, amongst others.
South Korea’s LOTTE Fine Chemical Co., Ltd. (LFC) and the United States’ Amogy have signed a Memorandum of Understanding (MOU) to jointly develop ammonia-to-hydrogen and ammonia-to-power solutions in South Korea.
Under the MOU, the two will collaborate across three priority areas that combine LFC’s ammonia supply and infrastructure capabilities with Amogy’s downstream ammonia cracking.
In hydrogen refuelling infrastructure, LFC would supply green ammonia through its overseas procurement and domestic infrastructure.
Amogy will then convert the ammonia into high-purity hydrogen on-site for use at hydrogen refuelling stations.
For distributed ammonia-to-power generation at commercial and community-scale sites, LFC would provide ammonia supply, storage, and logistics.
Meanwhile, Amogy will provide its Ammonia-to-Power generation modules, including fuel cell or internal combustion engine configurations.
In marine ammonia bunkering, the companies would explore supplying ammonia to vessels equipped with Amogy’s Ammonia-to-Power technology, leveraging LFC’s ammonia terminal at Ulsan Port and ship-bunkering capabilities.