Amogy and LOTTE Fine Chemical to explore ammonia bunkering in South Korea

Ammonia-to-power solutions provider Amogy and LOTTE Fine Chemical Co Ltd (LFC) on Thursday (10 September) announced the signing of a Memorandum of Understanding (MoU) to jointly advance ammonia-to-hydrogen and ammonia-to-power solutions in South Korea.

Under the MoU, Amogy and LFC will explore collaboration across three priority areas that combine LFC’s ammonia supply and infrastructure capabilities with Amogy’s downstream ammonia cracking and power generation technology.

In hydrogen refuelling infrastructure, LFC would supply green ammonia through its overseas procurement and domestic infrastructure, with Amogy’s ammonia cracking technology converting the ammonia into high-purity hydrogen on-site for use at hydrogen refueling stations. 

For distributed ammonia-to-power generation at commercial and community-scale sites, LFC would provide ammonia supply, storage, and logistics, while Amogy would provide its Ammonia-to-Power generation modules, including fuel cell or internal combustion engine configurations. 

In marine ammonia bunkering, the companies would explore supplying ammonia to vessels equipped with Amogy’s Ammonia-to-Power technology, leveraging LFC’s ammonia terminal at Ulsan Port and ship-bunkering capabilities.

“As Korea continues to build out its clean ammonia and hydrogen infrastructure, partnerships that connect upstream supply with downstream technology are essential to accelerating deployment,” said Seonghoon Woo, CEO of Amogy.

“LOTTE Fine Chemical’s ammonia infrastructure, paired with our ammonia-to-hydrogen and ammonia-to-power technology, gives us a strong foundation to advance hydrogen refuelling, distributed power, and marine applications across the region.”

“LFC has built the infrastructure to import, store, and supply ammonia safely and at scale, including the world’s first ship-bunkering supply of ammonia,” said Suk Min Hwang, Vice President of Ammonia Business Division at LOTTE Fine Chemical. 

“This collaboration with Amogy allows us to extend that infrastructure into new downstream applications, supporting Korea’s transition to a clean ammonia and hydrogen economy.”

LFC has achieved the world’s first commercial import of green ammonia in addition to the world’s first domestic ship-bunkering supply using green ammonia.

Amogy’s proprietary ammonia cracking technology enables the efficient conversion of ammonia into hydrogen, supporting both high-purity hydrogen production and ammonia-to-power generation across stationary, distributed, and marine applications.

Building on the MoU, Amogy and LFC will continue joint evaluation of collaboration opportunities across hydrogen refuelling, distributed power, and marine ammonia bunkering, with further details on project scope and timing to be finalised for execution.

Photo credit: Amogy
Published: 11 September, 2026