Specifically, under the terms of the contract, KBR will provide a technology license and proprietary engineering design to Lotte Chemical for the ammonia project.
Doug Kelly, KBR President, Technology, said KBR is pleased to work with Lotte Chemical and support their energy transition objectives with zero-carbon K-Green technology, noting that green ammonia is a key enabler to achieving global net-zero targets.
To note, the H2biscus’ green hydrogen plant is expected to have an annual capacity of 150,000 tons and the green ammonia conversion plant an annual capacity of 850,000 tons.
At the end of 2023, Samsung Engineering started front-end engineering design (FEED) work on the project. Based on the FEED, a final investment decision (FID) will be made at the end of 2024, Samsung Engineering said at the time, adding that once FID is approved, engineering, procurement and construction (EPC) is expected to begin right after, at the end of 2024.
To remind, Samsung Engineering, SEDC Energy, Sarawak Energy Berhad, Lotte Chemical and POSCO Holdings signed a memorandum of understanding (MoU) to study the potential of supplying at least 900 MW of hydro-based renewable power for the green hydrogen and ammonia project in Malaysia back in September 2022, building upon the MoU signed by Samsung Engineering, Lotte Chemical and POSCO Holdings with SEDC Energy for the H2biscus project earlier in the year.
