China: Headway and CEEC Group join forces in green hydrogen, methanol and ammonia integration project

Qingdao-based maritime technology firm Headway Technology Group (Headway) and CEEC Hydrogen Energy on Monday (15 April) signed a strategic cooperation agreement to cooperate in hydrogen energy storage, transportation, utilisation, and equipment manufacturing.

Both parties aim to jointly promote the development of China’s hydrogen energy industry chain by establishing a green hydrogen-ammonia-methanol integration project for the shipping industry.

At a signing ceremony, Li Weibo, Standing Committee Member, United Front Work Minister, and Deputy District Mayor of Laoshan District, Qingdao City, highlighted hydrogen energy as a strategic emerging industry and a key direction for future industries in China.

He expressed hope for a replicable, comprehensible, and popularised road of comprehensive hydrogen energy utilisation through the cooperation, empowering the energy industry’s transformation with new technologies, applications, and services.

Li Jingguang, Secretary of the Party Committee and Chairman of CEEC Hydrogen Energy, and Cao Xueliang, Chairman of Headway, were present to sign the agreement at the ceremony.

Li Jingguang emphasised that deepening cooperation would widen the application of sustainable fuels in shipping, achieving high-quality development and contributing to the nation’s dual-carbon goal.

Cao Xueliang noted the agreement’s significance in advancing low-carbon energy cooperation, stating Headway’s commitment to leveraging its low-carbon shipping advantages and promoting cooperative projects for mutual strategic benefits.

CEEC Hydrogen Energy is the largest state-owned registered capital and professional platform company in the entire hydrogen energy industrial chain, including production, storage, transportation, utilisation, and research.

Utilising recyclable carbon sources collected by ships’ carbon capture, utilisation and storage (CCUS) technology, Headway and CEEC Hydrogen Energy will produce low-carbon methanol and develop more hydrogen energy and methanol synthesis projects so carbon dioxide captured onboard can be used in the near future.

Additionally, both will promote key equipment and technologies globally, advancing the hydrogen energy industry chain’s sustainability and supporting global dual-carbon goals and the shipping industry’s green transformation.

Li Yanqing, Secretary General of China Association of the National Shipbuilding Industry (CANSI), Xin Ying, Head of Marine Equipment Industry Division of Shandong Provincial Department of Industry and Information Technology, Chu Xianfeng, Deputy Director of Qingdao Bureau of Industry and Information Technology, Hu Miaomiao, Director of Bureau of Industry and Information Technology of Laoshan District of Qingdao, Deng Hongwu, Member of the Party Committee of CEEC Hydrogen Energy Company Limited, and other relevant department heads and representatives also attended the signing ceremony.

Photo credit: Headway Technology Group
Published: 18 April 2024