South Korean, Malaysian companies sign MoU

South Korean companies Lotte Chemical, POSCO, and Samsung Engineering have signed a memorandum of understanding with SEDC Energy, a subsidiary of the Sarawak Economic Development Corp. to develop a green hydrogen/ammonia plant at Bintulu in the Malaysian state of Sarawak, Samsung Engineering said.

Dubbed the Sarawak H2biscus Green Hydrogen/Ammonia Project, or H2biscus Project, the envisaged plant will have the capacity to produce 630,000 mt/year of “green” ammonia, 600,000 mt/year of “blue” ammonia, 460,000 mt/year of “green” methanol and 7,000 mt/year of “green” hydrogen, the company said.

Typically, green refers to zero-carbon products produced using renewable energy and electrolysis, and blue to a production method that uses natural gas paired with carbon capture technologies to produce low-carbon products.

H2biscus will convert hydropower and natural gas into green hydrogen/methanol and blue hydrogen, and also convert hydrogen to ammonia, to supply the hydrogen and ammonia to Sarawak and South Korea.

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