Author: Arnes Biogradlija

Lotte Chemical, Lotte Precision Chemical, and South Korea Development have exchanged a business agreement to jointly promote clean hydrogen and ammonia production and utilization projects. The three companies will cooperate in business and R&D such as: joint development of overseas clean hydrogen and ammonia production,exchange of technical information for operation of ammonia infrastructure facilities and,utilization of hydrogen and ammonia. The cooperation of the three companies is expected to greatly contribute to the vitalization of the hydrogen economy. Earlier, the government decided to increase the number of ammonia co-fired coal power plants to 24 by 2030. Accordingly, ammonia demand is expected…

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