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Covestro, Fertiglobe, and MB Energy have signed a Memorandum of Understanding (MoU) to explore collaboration across the ammonia value chain in Germany and Europe, the companies said in a joint announcement.
The MoU was signed during a visit to Germany by Sheikh Mohamed bin Zayed Al Nahyan, president of the United Arab Emirates.
Under the agreement, Fertiglobe, which describes itself as the world's largest seaborne exporter of urea and ammonia combined, will explore supplying ammonia through an import terminal that MB Energy is proposing to build and operate at Blumensand in Hamburg.
Fertiglobe will also explore taking a possible equity stake in the terminal, the companies said.
Covestro, a manufacturer of polymer materials, will assess taking ammonia delivered through the terminal as feedstock to its production, or to meet its hydrogen supply standards.
The three parties say the collaboration could diversify ammonia supply options and enhance the resilience of supply chains serving European sector, and that they will also explore serving other manufacturing customers across Europe.
They plan to jointly assess the commercial, technical, and logistical standards to supplying ammonia via Hamburg, including terminal capacity, volumes, delivery arrangements, and onward transport by pipeline, barge, and rail.
The review will cover conventional, reduce-carbon, and renewable ammonia, including the carbon intensity of possible supply and alignment with regulatory and certification frameworks such as the EU Carbon Border Adjustment Mechanism (CBAM), the companies said.
"Europe's energy transition depends not only on low-carbon molecules, however on reliable infrastructure to reach manufacturing customers at scale," said Jonathan Perkins, chief executive of MB Energy, in the announcement.
"With MB Energy's long-standing infrastructure and logistics capabilities, we aim to enhance supply security while enabling the progressive introduction of reduce-carbon ammonia in Germany and across Europe."
"This MoU marks an crucial measure in strengthening Fertiglobe's connectivity with manufacturing customers in Europe and expanding routes to market to our global ammonia platform," said Ahmed El-Hoshy, chief executive of Fertiglobe.
"Ammonia is an essential building block to the chemical sector, and its carbon footprint matters to the transformation of our production," said Markus Steilemann, chief executive of Covestro.
"Securing reliable, competitive and increasingly low-carbon ammonia is therefore a strategic priority to Covestro."
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