RONN Inc. to Supply Hydrogen Production Hubs for Urea Production in South Korea
Key Ideas
  • RONN Inc. has been invited to provide up to ten hydrogen production hubs for Urea production in South Korea, through a Joint Venture with (HES).
  • The project aims to be environmentally friendly by using only green hydrogen sources to ensure a sustainable supply chain.
  • Hydrogen plays a vital role in Urea creation as it reacts with carbon dioxide to form ammonia, a crucial ingredient in Urea, highlighting its importance in various industries.
  • The Joint Venture anticipates expanding to potentially supply 60 hubs to meet the growing demand for Urea in the market, used not only for fertilizer production but also DEF fluid for diesel engines.
RONN Inc. has been selected to participate in talks for supplying hydrogen production hubs for Urea production in South Korea. This initiative is part of a Joint Venture with (HES) with the goal of providing up to ten hubs initially, potentially expanding to 60 hubs in the future. The project focuses on utilizing hydrogen logistic vehicles to maintain a net-zero impact and ensuring the use of green hydrogen sources for sustainability. Hydrogen is essential in Urea production as it reacts with carbon dioxide to create ammonia, a critical compound in Urea. The Joint Venture aims to be part of a larger supply consortium to meet the rising demand for Urea, not only for fertilizer but also for DEF fluid in diesel engines. RONN Inc. emphasizes its commitment to innovation and sustainability in commercializing hydrogen in various sectors to create value for shareholders and the environment.
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