Terminal News

SABIC imports first blue ammonia to LotteFine

Written by...

Picture of Meenal Datar

Meenal Datar

Membership specialist

Global specialty chemicals company, LotteFine Chemicals is due to receive a blue ammonia shipment from petrochemical company, Saudi Basic Industries Corp Agri-Nutrients (SABIC AN) via vessel this December. The shipment of blue ammonia is a low-carbon alternative to conventional grey ammonia and the shipment will consist of about 25 kilometre-tonnes (KMT) of accredited blue ammonia.

This will be the world’s first commercial shipment of independently certified blue ammonia and will be dispatched from Saudi Arabia to Ulsan, South Korea, representing a new milestone in the development of decarbonisation solutions.

CEO of SABIC Agri-Nutrients, Abdulrahman Shamsaddin says: ‘This shipment is another milestone in our journey toward carbon neutrality.’

‘We are delighted to enter this meaningful agreement with our long-term supplier, SABIC Agri-Nutrients, to receive the world’s first certified blue ammonia cargo. We believe that this shipment of blue ammonia will help lay the foundations for a global supply chain,’ says Yong Suk Kim, LFC CEO.

Share this article:

Latest terminal news

A blue flag with stars
Terminal News

MOL & Slovnaft File Complaint Against JANAF

MOL and Slovnaft have submitted a formal complaint to the Directorate-General for Competition of the European Commission alleging that JANAF, the company operating the Croatian crude oil pipeline, is abusing

Read More
Terminal News

SEFE & Southern Energy Sign LNG Agreement

SEFE Securing Energy for Europe and Argentina’s Southern Energy S.A. (SESA) have entered a Sales and Purchase Agreement for an eight-year LNG supply partnership. Under the agreement, SEFE will purchase

Read More