Hyphen Hydrogen Energy (Hyphen) has signed a Letter of Intent (LOI) with Koole Terminals to cooperate on green ammonia.
Hyphen is a green hydrogen development company, while Koole Terminals is an independent provider of integrated services for storage, processing, and logistics.
The LOI covers the proposed import of green ammonia into North-Western Europe by Hyphen to supply its customers through the import terminal being developed by Koole Terminals, located in Rotterdam, the Netherlands.
Hyphen is targeting annual production of one million tonnes of green ammonia to come online by the end of 2027, expanding to two million tonnes of green ammonia by 2029.
Over the past year, Hyphen has signed Memorandums of Understanding (MoU) with several potential European customers, targeting the supply of up to 750,000 tonnes of green ammonia annually.
READ: Port of Rotterdam to establish green ammonia import terminal
Marco Raffinetti, CEO of Hyphen Hydrogen Energy, said: “The Port of Rotterdam is a critical hub servicing North-Western Europe and has moved rapidly to support the establishment of new green hydrogen import capacity to facilitate this region’s energy transition, with import capacity and access to markets being a key constraint in the supply chain.
“Koole Terminals is one of the most advanced import terminals under development and we look forward to working with Koole Terminals and the Port of Rotterdam to meet first supply of ammonia from our project into Europe by early 2028,” Raffinetti added.
John Kraakman, CEO of Koole Terminals, said: “We are pleased to work with Hyphen to become a launching customer of our planned Port of Rotterdam import terminal for Ammonia. This cooperation will allow us to further scale-up the multi-million tonne facility.”
This partnership comes in line with the present industry push towards green ammonia.
In March, Stanlow Terminals announced plans to develop a new open access import terminal for green ammonia in the Port of Liverpool.
More recently, eight industry leaders signed an MoU to conduct a feasibility study on the potential of green ammonia as a fuel for ships on the US East Coast.