A few days ago, an exciting development unfolded in the hydrogen sector as the joint venture Lotte-Air Liquide Ener’Hy signed a memorandum of understanding with several key players, including Lotte Global Logistics, Lotte SK Eneroot, Hyundai Motor Company, and the Ministry of the Environment.
In order to jointly create reliable and substantial clean ammonia (green and blue ammonia) supply chains in Asia, Europe, and the US, RWE, LOTTE CHEMICAL Corporation (LOTTE), and Mitsubishi Corporation (MC) have formed a strategic alliance.
Lotte Chemical joined the hydrogen market last year, signing memorandums of understanding with global energy giants Air Liquid and SK Gas. It will work with Air Liquide to establish a hydrogen charging station business in Chungcheong
