Arab News, Wednesday, Jan 18, 2023 | Jamadi Al Thani 25, 1444
Thyssenkrupp, ADNOC sign MoU to cooperate on ammonium cracking plant
Saudi Arabia:
Thyssenkrupp and Abu Dhabi National Oil Co. have signed a memorandum of
understanding to cooperate on technology that allows the extraction of hydrogen
from ammonia on an industrial scale.
Under the agreement, Thyssenkrupp's Uhde unit,
which designs and builds fertilizer, petrochemicals and coking plants, will
provide ammonia cracking technology that is already in use in over 130 chemicals
plants globally.
"The partnership with ADNOC is of great
importance. There currently does not exist a cracker of this size," ThyssenKrupp
Uhde Chief Executive Cord Landsmann told Reuters.
As part of the cooperation, the companies will
also explore options for the supply and shipment of ammonia produced via
renewable sources from the UAE to large ammonia crackling sites worldwide.
"We are committed to strengthening our position as a reliable supplier of lower carbon-intensive energy, creating new revenue
streams and growing the global market for hydrogen," ADNOC executive Musabbeh Al Kaabi said in a statement.