Breaking News
- NewLink and Dubai Chambers Forge Strategic Partnership to Support Bilateral Innovation Exchange and Collaboration
- Sims Limited Achieves Climate Leaders Asia-Pacific 2023 Recognition
- West African Monetary Institute (WAMI) Partners with EMTECH SOLUTIONS INC to Modernize Fintech Regulatory Frameworks Across the West African Monetary Zone
- Lynk & Co Now Opens in Saudi Arabia
- Skyflow Radically Simplifies Data Residency
- Takeda to Present Oncology Portfolio and Pipeline Data at the 2023 ASCO Annual Meeting and EHA Congress
- Global Talent Shines at II Moscow Interior and Design Week
- Global Talent Shines at II Moscow Interior and Design Week
- Merck Highlights Commitment to Improving Cancer Outcomes at ASCO 2023
- Takeda and HUTCHMED Announce New Drug Application (NDA) for Fruquintinib for Treatment of Previously Treated Metastatic Colorectal Cancer Granted Priority Review
- RAK Properties announces sale of new freehold beachfront residences
- Damac unveils new cluster within Dubai lagoons community
- ADEC, PRO Events sign MoU to explore events, e-gaming and sport opportunities
- Google AI to help improve traffic flow in Abu Dhabi
- 'Instant Cash' obtains Retail Payment Services, Card Scheme Regulation Licence from CBUAE
- Expo Centre Sharjah, Council of Arab Economic Unity discuss upgrading Arab exhibition sector
- Shurooq announces 'Ajwan' residential project on Khorfakkan's eastern coast
- Dubai set to expand its public beaches by 400%
- DP World cut global carbon emission by 5% in 2022
- Hotels in Ajman record 3% increase in revenues in Q1 2023
- Ajman Chamber hosts Ajman-Portugal Business Forum to boost trade, investment activities
- Hytera Mission-critical Push-to-talk Solution Wins Flagship Industry Award
- Experian Named Overall Leader in KuppingerCole’s 2023 Fraud Reduction Intelligence Platforms Leadership Compass Report
- CORRECTING and REPLACING Belkin Introduces the Ultimate Power Bank – the BoostCharge™ Fast Wireless Charger for Apple Watch + Power Bank 10K
- ExaGrid Wins 3 Industry Awards at Network Computing Awards 2023
- 500 Global and Sanabil Investments announce Batch 5 of the Sanabil 500 MENA Seed Accelerator Program
- AVEVA Further Strengthens Executive Leadership Team with Four New Senior Roles
- Power2Drive Europe: Mobile Electricity Storage Systems for Private Homes and Businesses – and for a Stable Power Grid
- UAEs Technology Innovation Institute Launches Open-Source Falcon 40B Large Language Model for Research & Commercial Utilization
- Provenir Appoints Basil Macklai as Director of Sales in the Middle East
- Arada completes 585 homes at upscale Sharjah complex
- ADSB unveils 92 metre Corvette design at LIMA 2023
- DIEZ hosts high-level session to promote cybersecurity awareness in partnership with Thales, DESC
- Khalifa Fund launches ‘Franchise UAE’ online portal to enable entrepreneurs to buy and sell franchises
- France’s ENGIE invests AED44 billion in energy, water, green hydrogen projects in UAE
- ADX-listed Q Holding signs contracts for housing projects worth $1.9bln
- Emirates Shipping Association reinforces maritime dialogues for sustainable future
- ADNOC Drilling to acquire six additional newbuild hybrid power land rigs
- Maktoum bin Mohammed: Dubai’s progressive economic policies support its sustainable development journey
- Mariam Almheiri calls for urgent global action on food security and climate during meetings
- Islamic Banks' assets up to AED631.7 bn by end of February
- Mohammed bin Rashid chairs UAE Cabinet meeting, approves 78 environmental projects
- Lenovo Group: Full Year Financial Results 2022/23
- Calling innovators and industry leaders: Secure your spot at WETEX and Dubai Solar Show 2023
- center3, owned by stc group and Alcatel Submarine Networks to connect Saudi Arabia with Europe by building the EMC West subsea and terrestrial data cables
- Leather Maker Goes for Gold
- HCX Technology Partners Chooses Rimini Support™ for its 60,000 Oracle PeopleSoft Licenses
- TriLink BioTechnologies® Announces Manufacturing Capabilities Expansion as mRNA Manufacturing Facility Nears Completion
- Engine Alliance Selects CTS Engines to Provide MRO Engine Services for the GP7200
- IHS Towers Publishes 2022 Sustainability Report
ADNOC to explore low carbon ammonia value chain in Germany’s North Rhine-Westphalia
ABU DHABI, 27th March, 2023 (WAM) -- ADNOC announced today that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives in Germany’s North Rhine-Westphalia.
The announcement was made following the signing of a memorandum of understanding (MoU) between the Government of North Rhine-Westphalia, ADNOC, and Currenta GmbH & Co. OHG (Currenta), a chemical industry services provider that manages and operates one of the largest chemical sites in Europe, Chempark, with locations in Leverkusen, Dormargen, and Krefeld-Uerdingen, in North Rhine-Westphalia.
Ammonia, a compound of nitrogen and hydrogen, can be used as a low-carbon fuel across a wide range of industrial applications, including transportation, power generation, and industries including steel, cement, and fertiliser production.
The agreement was signed in Dusseldorf, Germany, by Mona Neubaur, Deputy Prime Minister of North Rhine-Westphalia and State Minister for Economics, Industry, Climate Protection, and Energy; Musabbeh Al Kaabi, Executive Director, of Low Carbon Solutions and International Growth Directorate at ADNOC; and Frank Hyldmar, CEO of Currenta.
Neubaur said, “We will do our utmost to expand the capacities for the generation of renewable energies and for the production of other climate-neutral energy carriers such as green hydrogen in this country as much as possible. However, it is also clear that we will have to import various green energy sources in large quantities to cover our needs and achieve our climate protection goals. We are now building partnerships and a broad import infrastructure to supply our industry. The basis for our cooperation is diversification with many countries.”
The primary focus of the agreement will be the production and transportation of low-carbon ammonia and its application as a fuel in energy generation, including industrial-scale testing at Currenta’s site in Dormagen, Germany.
Al Kaabi stated, “Our fast-growing ammonia business is enabled by the UAE’s abundant and competitive energy resources. As a responsible global energy provider, ADNOC is committed to meeting the growing global demand for lower-carbon intensity energy. In doing so, we are very pleased to partner with the Government of North Rhine-Westphalia and Currenta to jointly decarbonize Germany’s vital industrial heartland.”
Hyldmer, in turn, said that Ammonia has the potential to play an important role in decarbonisation – for example as a hydrogen carrier or as a fuel in heat generation. As a chemical park operator with large steam and heat generation plants, Currenta is observing very closely to see whether it succeeds in realising this potential.
“An important factor here is the development of global supply chains for ammonia. We, therefore, welcome and support the commitment of the state of NRW to work with ADNOC to advance such value chains,” he added.
ADNOC has already invested in low-carbon ammonia, where the carbon dioxide (CO2) emitted during production is captured and stored underground. In May 2021, the company announced a 1 million tons per year low-carbon ammonia production facility at the TA'ZIZ industrial ecosystem and chemicals hub in Ruwais, Abu Dhabi.
The company has significantly expanded its strategic energy partnerships across the hydrogen value chain and has shipped demonstration cargoes of low-carbon ammonia to customers in Asia and also to Germany as part of the UAE-Germany Energy Security and Industry Accelerator (ESIA) Agreement.
ADNOC is also investing in renewable energy through Abu Dhabi Future Energy Company (Masdar), a clean-energy powerhouse that will place the UAE at the forefront of the energy transition.
wam
Top News

Nahyan bin Mubarak opens 'National Network for Business Incubators' forum



