Hyphen Hydrogen Energy has signed a Letter of Intent (LoI) with Koole Terminals. The LoI covers Hyphen’s proposed import of green ammonia into north-western Europe, via the import terminal being developed by Koole Terminals, located in Rotterdam, the Netherlands.
John Kraakman, CEO of Koole Terminals, says: ‘We are pleased to work with Hyphen to become a launching customer of our planned Port of Rotterdam import terminal for ammonia. This cooperation will allow us to further scale-up the multi-million tonne facility. Koole is an experienced independent operator of 21 liquid bulk terminals across seven countries, already handling and storing Ammonia. With our current and planned infrastructure, terminals, modalities, and integrated solutions, we play a leading role in facilitating the energy transition.’
Marco Raffinetti, CEO of Hyphen Hydrogen Energy, adds: ‘The Port of Rotterdam is a critical hub servicing north-western Europe and has moved rapidly to support the establishment of new green hydrogen import capacity to facilitate this region’s energy transition, with import capacity and access to markets being a key constraint in the supply chain. Koole Terminals, is one of the most advanced import terminals under development and we look forward to working with Koole Terminals and the Port of Rotterdam to meet first supply of ammonia from our project into Europe by early 2028.’
Hyphen is targeting annual production of 1 million tonnes of green ammonia by the end of 2027 and hopes to rise these 2 million tonnes of green ammonia by 2029.
