Hyphen Hydrogen Energy, a green hydrogen development company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a Letter of Intent (LoI) on green ammonia.
The LoI covers the import of green ammonia into north-western Europe with Hyphen planning to supply its customers using the import terminal being developed by Koole Terminals, located in the Port of Rotterdam, Netherlands.
Marco Raffinetti, CEO of Hyphen Hydrogen Energy, said: “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.”
“Koole Terminals is one of the most advanced import terminals under development and we look forward to working with them to meet the first supply of ammonia from our project into Europe by early 2028.”
John Kraakman, CEO of Koole Terminals, commented: “We are pleased to work with Hyphen to become a 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.”
To note, Hyphen said it is targeting annual production of one million tonnes of green ammonia to come online by the end of 2027, expanding to two million tonnes of green ammonia by 2029.
Over the past year, it has signed Memorandums of Understanding (MoUs) with a number of potential European customers, targeting the supply of up to 750,000 tonnes of green ammonia annually.