Singapore’s Keppel signs deals to ramp up green hydrogen, ammonia output.
Singapore’s Keppel Corp (KPLM.SI) said it has signed two deals to intensify its efforts in the development of green hydrogen and ammonia production for use in Australia and export to Asia.
The Singaporean conglomerate has signed up to join the Central Queensland hydrogen (CQ-H2) project consortium, which is developing a hydrogen production facility, among other related infrastructure.
The CQ-H2 project is one of Australia’s largest green hydrogen projects and the consortium comprises of Japan’s Iwatani Corp (8088.T), Kansai Electric Power (9503.T) and Marubeni Corp (8002.T), among others, the company said.
Keppel said it has also signed a memorandum of understanding with Australia’s Incitec Pivot (IPL.AX) to help leverage the accessibility of large-scale reliable green hydrogen supply from the CQ-H2 project in Gladstone, Queensland.
Jeanne Johns, Incic CEO said:
This innovative international partnership with Keppel is one of several decarbonisation projects we are progressing as part of our ambition to be net zero by 2050.
The MoU is to explore the development of a green ammonia production facility in Queensland, Australia for both domestic and overseas consumption, including an end-to-end export supply chain to Singapore and Asia, Keppel said.
Cameron Dick, Treasurer and Minister for Trade and Investment said:
We are delighted Keppel and Incitec Pivot have chosen Gladstone for their green ammonia production facility.
“This will open exciting and significant export possibilities, let alone regional jobs.”
Singapore’s Keppel signs deals to ramp up green hydrogen, ammonia output, May 25, 2023
Ammonia Green Hydrogen Keppel
Green Ammonia – Jupiter Ionics shortlisted in Governor of Victoria Startup Awards. Jupiter Ionics has been shortlited in he Governor of Victoria Startup Awards, celebrating the State’s trailblazing contributors…
8 Rivers announces technology breakthrough to develop ultra-low carbon hydrogen and ammonia. 8 Rivers proudly announces a groundbreaking advancement in hydrogen technology that will revolutionize the production of ultra…
Mitsubishi Shipbuilding completes delivery of ammonia fuel supply system for large, low-speed two stroke marine engines. Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has…
