KUCHING (Jan 26): Samsung Engineering Co Ltd, one of the world’s leading engineering, procurement and construction (EPC) and project management companies, has signed a memorandum of understanding (MoU) to develop a green hydrogen and ammonia project in Sarawak. “The H2biscus project aims to convert hydropower and natural gas to green hydrogen/methanol and blue hydrogen and convert hydrogen to ammonia, with the target to supply hydrogen and ammonia to South Korea and Sarawak,” Samsung Engineering said in a statement made available here on Wednesday (Jan 26). Samsung Engineering president and chief executive officer Sungan Choi said the project would bring an opportunity to produce a wide range of eco-friendly products, such as green hydrogen, green and blue ammonia, green methanol, and carbon capture and utilisation. “The partnerships with Samsung Engineering, Posco and Lotte Chemical will make this a reality which we truly value and appreciate. Samsung Engineering is currently executing the Sarawak PetChem methanol plant project in Bintulu, which is expected to produce 5,000 tonnes per day of methanol.

Source: The Edge Markets January 26, 2022 15:28 UTC