乐天精化将向韩国首例绿氨发电项目供应绿氨，1年供1500吨

LOTTE Fine Chemical to Supply First Green Ammonia for Power in Korea - Seoul Economic Daily
Skip to main content
Seoul Economic Daily
Seoul Economic Daily
KST
Seoul Economic Daily
Korea's Leading Business News Since 1960
한국어
Menu
Saved Articles
Newsletters
AI KEY
Settings
|
Summary
|
Save
A
A
A
Hwang Seok-min (right), head of Lotte Fine Chemical's ammonia business division, and Kim Ki-tae, chief executive of Ahmun Energy, pose for a photo at a supply contract signing ceremony held on Aug. 8. Photo courtesy of Lotte Fine Chemical
LOTTE Fine Chemical (004000), which operates Asia's largest ammonia distribution network, will supply green ammonia for power generation for the first time in South Korea. Unlike gray ammonia made from fossil fuels, green ammonia is produced using renewable energy such as solar and wind, sharply reducing carbon emissions in the production process.
LOTTE Fine Chemical said on the 8th that it had signed a green ammonia supply contract with Amun Energy, a joint venture between GS E&C (006360) and U.S.-based Amogy. Under the deal, LOTTE Fine Chemical will supply 1,500 metric tons of green ammonia to Amun Energy over one year starting in 2027.
Amun Energy, established in April, is building a 1-megawatt ammonia-based distributed power generation demonstration facility in a special district for distributed energy within the Yeongil Bay industrial complex in Pohang. The company plans to begin commercial operation in 2028 and to raise capacity in stages to as much as 40 megawatts.
LOTTE Fine Chemical also secured priority negotiation rights to supply green ammonia as the facility expands. The contract marks the first case in South Korea of green ammonia being supplied as a carbon-free fuel for distributed power generation. The company previously signed memorandums of understanding with GS E&C in September last year and with Amogy last month.
LOTTE Fine Chemical, which entered the ammonia business in 1984, handles about 700,000 metric tons of ammonia a year, the third-largest volume for a single company worldwide. It owns large-scale infrastructure including Asia's largest ammonia storage tank at its Ulsan plant, along with sales channels linked to major industrial customers.
On that basis, the company is leading efforts to build a global clean ammonia supply chain. In March this year, it became the first in the world to import green ammonia, and in April it commercialized green ammonia bunkering as a marine fuel.
"This contract is significant in that it marks the start of building a green ammonia supply chain for power generation," said Hwang Seok-min, head of LOTTE Fine Chemical's ammonia business division. "We will continue building a clean ammonia supply chain platform by creating diverse demand in areas such as power generation and shipping bunkering."
#
LotteFineChemical
#
GreenAmmonia
#
Amogy
#
CleanEnergy
#
Pohang
#
DistributedEnergy
Companies in this story
GS Engineering & Construction
006360.KS · Construction
AI KEY Company Analysis →
Original reporting by
Yoo Hyun-wook
for Seoul Economic Daily.
AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.
View Korean original
↗
Translation Policy
Watch · Seoul Economic Daily
More →
2:43
After the Fed's Rate Hike, Rethink Your Stock Portfolio
2:43
Most Read This Week
1
-
5
‹
›
1
Military Exemption Boasts Spark Push to Overhaul Athlete Rules
2
AMRO Lifts Korea's 2026 Growth Forecast Again to 3.3%
3
U.S. Private Colleges Slash Tuition as Applicants Walk Away
4
China's TCL Passes Samsung in LCD TVs, Leads by 0.1 Point
5
42dot Hires Three Global Tech Leaders to Boost SDV Capabilities
← Back to Home
AI KEY
Preview
↗
Korean Corporate Intelligence Hub
KOSPI · KOSDAQ · 12 sectors
A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.
Click to explore AI KEY
→
Open AI KEY in full screen
↗
Korea Company Atlas
Preview
↗
Market Ontology · The Feedback Loop
KFTC 2025 · 92 groups · 121,954 articles
An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.
Click to explore the atlas
→
Open Atlas in full screen
↗
SIGNAL
Now live
↗
English Edition · Capital Markets
M&A · IPO · PE · Fund Flows
SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.
Click to explore SIGNAL
→
Open SIGNAL in full screen
↗