On May 20, 2024, Johnson Matthey (JM) and thyssenkrupp Uhde announced a Memorandum of Understanding to jointly provide a low-carbon (blue) ammonia solution, leveraging their long-standing partnership. This collaboration aims to utilize ammonia as a carrier for hydrogen, enhancing storage and transportation efficiency to reduce CO2 emissions. By integrating Uhde's ammonia process with JM's hydrogen expertise, the production of blue ammonia with exceptional CO2 capture rates is facilitated. The partnership is a response to the increasing global demand for ammonia, expected to exceed 600 million metric tonnes by 2050, particularly driven by the shipping and power generation sectors. Low-carbon ammonia is projected to dominate this demand, accounting for two-thirds by 2050 due to decarbonization initiatives worldwide. The market value for low-carbon ammonia is forecasted to surpass $200 billion in 2050. Alberto Giovanzana from Johnson Matthey highlighted the versatility of ammonia in the energy transition, emphasizing its role in various sectors and as a carrier for hydrogen. Lucretia Löscher from thyssenkrupp Uhde emphasized the commitment to sustainable solutions, aiming to empower customers in achieving their environmental goals through this collaboration. The joint venture signifies a significant step towards reducing CO2 emissions and advancing towards a more sustainable future.