Press Releases

안전한 바카라사이트 산타카지노 Chemical and the Korea National Oil Corporation Jointly Develops and Invests in Clean Hydrogen/Ammonia Production and Operation

안전한 바카라사이트 산타카지노 Chemical and the Korea National Oil Corporation Jointly Develops and Invests

in Clean 안전한 바카라사이트 산타카지노/Ammonia Production and Operation

█ 안전한 바카라사이트 산타카지노 Chemical-Korea National Oil Corporation enters MOU on clean hydrogen/ammonia business on 20th...

Joint development and investment in overseas clean 안전한 바카라사이트 산타카지노/ammonia production, jointly develop and operate import terminal,

cooperate in ammonia reforming 안전한 바카라사이트 산타카지노 business, etc.

█ 안전한 바카라사이트 산타카지노 Chemical cooperating with the Korea Electric Power Corporation, Korea Southern Power Co., and Korea Midland Power Co. to promote

the 안전한 바카라사이트 산타카지노 economy and reduce carbon... Testing ammonia photolysis with Syzygy of the US and Sumitomo Corporation of Japan to gain leadership

in the future 안전한 바카라사이트 산타카지노 business and secure technologies ahead of others

█ 안전한 바카라사이트 산타카지노 Chemical Vice-chairman Kim Gyo-hyun, “안전한 바카라사이트 산타카지노 Chemical and the Korea National Oil Corporation will cooperate comprehensively in the clean

안전한 바카라사이트 산타카지노/ammonia business by utilizing the strengths of each company”... “While utilizing the technologies and know-how related to 안전한 바카라사이트 산타카지노 and

ammonia procured through a wide range of project experiences, we will also build a domestic 안전한 바카라사이트 산타카지노 ecosystem and contribute to reducing

carbons through ongoing cooperation with domestic and foreign 안전한 바카라사이트 산타카지노”

█ Korea National Oil Corporation President Kim Dong Sub, “It is very meaningful that our two companies 안전한 바카라사이트 산타카지노 mutually cooperate to construct

a clean energy value chain ranging from implementation, storage, distribution and utilization of clean 안전한 바카라사이트 산타카지노 and ammonia”…

“With this MOU our two companies 안전한 바카라사이트 산타카지노 do our best to contribute to national carbon neutrality and lead the future eco-friendly energy new industry market”

안전한 바카라사이트 산타카지노 Chemical and the Korea National Oil Corporation (KNOC) will cooperate in promoting the hydrogen economy and carbon reduction through joint development and investment for clean hydrogen/ammonia production and operation businesses.

안전한 바카라사이트 산타카지노 Chemical and KNOC entered an MOU on the afternoon of the 20th at Jamsil 안전한 바카라사이트 산타카지노 World Tower with the attendance of 안전한 바카라사이트 산타카지노 Chemical Vice-chairman Kim Gyo-hyun and KNOC President Kim Dong Sub.

Through this MOU, the two companies will utilize their technologies and knowhow to cooperate in areas such as △joint development and investment in overseas clean 안전한 바카라사이트 산타카지노/ammonia production, △joint development and operation of 안전한 바카라사이트 산타카지노/ammonia import terminal, △ammonia reforming 안전한 바카라사이트 산타카지노 business development, etc.

안전한 바카라사이트 산타카지노 Chemical plans to invest 6 trillion KRW by 2030 based on the core capacities of large-scale consumers, massive supply chains, and eco-friendly technologies, etc. to produce 1.2 million tons of clean hydrogen, which will be distributed and utilized to achieve 5 trillion KRW in revenue.

For this, 안전한 바카라사이트 산타카지노 Chemical is pursuing projects to build cooperative relations related to hydrogen/ammonia with various companies both domestically and abroad.

In Korea, it is pursuing the clean 안전한 바카라사이트 산타카지노/ammonia production and utilization business with the Korea Electric Power Corporation, Korea Southern Power Co., and Korea Midland Power Co. to implement the government’s 안전한 바카라사이트 산타카지노 economy promotion policy. It built up cooperative relations with Itochu, Japan’s representative trading company, to secure stable supply and expand its market of 안전한 바카라사이트 산타카지노/ammonia in East Asia.

Furthermore, it will conduct joint testing of ammonia photolysis technologies for the first time in the world together with Syzygy of the US and Sumitomo of Japan to gain leadership and preoccupy technologies for the future hydrogen industry. By doing so, 안전한 바카라사이트 산타카지노 Chemical will conduct ammonia pyrolysis technology testing and photolysis technology testing at the largest scale in the world to implement its plans to contribute in the promotion of domestic hydrogen/ammonia.

KNOC has been serving as a public energy corporation for national energy security following the second oil shock, and it is now transforming into a general energy company that is playing a key role for carbon neutrality as we now shift toward the new age of clean 안전한 바카라사이트 산타카지노. In particular, it is striving to construct clean 안전한 바카라사이트 산타카지노/ammonia implementation/storage/distribution infrastructure based on its experience and technologies in developing overseas resources and in crude oil distribution and stockpiling that have been accumulated over a long period of time.

안전한 바카라사이트 산타카지노 Chemical Vice-chairman Kim Gyo-hyun stated, “With this MOU, 안전한 바카라사이트 산타카지노 Chemical and the Korea National Oil Corporation will cooperate comprehensively in the clean hydrogen/ammonia business by utilizing the strengths of each company,” while adding, “While utilizing the technologies and know-how related to hydrogen and ammonia procured through a wide range of project experiences, 안전한 바카라사이트 산타카지노 Chemical will also build a domestic hydrogen ecosystem and contribute to reducing carbons through ongoing cooperation with domestic and foreign companies.”

Korea National Oil Corporation President Kim Dong Sub commented, “As major countries and companies around the world are increasing investments in hydrogen/ammonia, which are core energy resources that can substitute fossil fuels in pace with the global trend of carbon neutrality, it is very meaningful that our two companies will mutually cooperate to construct a clean energy value chain ranging from implementation, storage, distribution and utilization of clean hydrogen and ammonia.” He further added, “With this MOU our two companies 안전한 바카라사이트 산타카지노 do our best to contribute to national carbon neutrality and lead the future eco-friendly energy new industry market”