South Korea’s liquefied petroleum gas (LPG) distributor E1 Corp. plans to invest $100m CAD ($75m USD) in a Canadian blue ammonia production project, according to a news report.
HydrogenCanada’s project will produce ammonia from natural gas in Alberta, Canada after carbon dioxide is captured and stored underground.
E1 will secure 1 million tons of blue ammonia annually through this investment, the news report state.
The project is slated for completion by 2028. When fully operational it will produce up to 500 tonnes of H2 per day and approximately 1 million tonnes per year of CO2.
“Hydrogen Canada is planning to send Clean Ammonia to Asian markets targeting South Korea and Japan from Canada’s west coast,” the company’s website states. “The transported Clean Ammonia will directly use for coal co-firing or bunkering or will be dehydrogenated for the Hydrogen uses.”
