LSB Industries, Inc., and Amogy, Inc., announced Thursday they had entered into an agreement to promote the adoption of low-carbon ammonia as a marine fuel.
The memorandum of understanding (MOU) would allow the companies to collaborate on the evaluation and development of a pilot program focused on understanding, using and advocating for low-carbon ammonia as a sustainable fuel, primarily for the U.S. inland waterways transportation sector. The MOU would integrate LSB’s low-carbon ammonia and Amgoy’s ammonia-to-power solutions, to further low-carbon ammonia and use across multiple applications.
“Our vision at LSB is to be a leader in the energy transition through the production of low and no carbon products,” said Mark Behrman, LSB president and CEO. “This collaboration agreement is an exciting step in our journey toward achieving our goals and we’re thrilled to be working with such an outstanding partner in Amogy.”
Once the pilot program has been completed, the companies expect to collaborate further and explore the opportunity for end-to-end supply low-carbon ammonia as a fuel. The evaluation and pilot program will include potential engagement with other parties across the ammonia value chain, the companies said.
“We’re delighted by this opportunity to work with LSB to advance the development of a low-carbon ammonia supply chain primarily in the U.S.,” Amogy CEO Seonghoon Woo said. “The success of this collaboration will be a key step toward solidifying ammonia’s position as a comprehensive solution for decarbonizing the commercial transportation sector across the entire value chain, from the upstream production to the downstream usage.”