Tom Barlow-BrownFertiglobe emerged as the successful bidder in a pilot auction for renewable fuels contracts, with the company securing a deal valued at up to EUR 397 mil. to supply renewable ammonia to Europe.
Initial deliveries will be scheduled for 2027. The contract outlines an initial supply of 19,500 tonnes of renewable ammonia in the first year, with total deliveries expected to reach 397,000 tonnes by 2033, contingent on production and supply conditions.
‘This is a significant moment for Hintco that proves progress is possible for the clean hydrogen market,’ said Timo Bollerhey, CEO of Hintco. He emphasised the urgency of building both infrastructure and markets rapidly to meet climate goals.
Haroon Rahmathulla, COO of Fertiglobe highlighted that it supports the company’s disciplined growth strategy while advancing decarbonisation technology.
Image: Hintco
