HAMR Energy, an Australian firm specializing in low carbon fuels and chemicals, signed an agreement with German engineering company thyssenkrupp Uhde. The strategic alliance is set to advance the AUD $2 billion Portland renewable fuels Ppoject, aimed at enhancing the decarbonization efforts in the shipping industry through the production of 3,00,000 tons per year of Green Methanol.
As reported by bunkermarket.com, the partnership will utilize thyssenkrupp Uhde’s PRENFLO® gasification technology in conjunction with the cutting-edge uhde® green methanol technology to transform forestry residues into valuable green chemicals. The initiative is a pivotal part of HAMR Energy’s broader objective to develop one million tons of green methanol by 2030.
David Stribley, Director, HAMR Energy said, “We’re happy to join forces with thyssenkrupp, a company whose capabilities perfectly align with our vision. This partnership represents a significant milestone in meeting the global demand for clean fuels in the shipping sector”.
Stribley added, “Green methanol is a ready-to-use, eco-friendly solution poised to power ships worldwide. By teaming up with thyssenkrupp, we are taking crucial steps to scale up this technology globally and generate local employment opportunities in Australia”.
thyssenkrupp Uhde’s CEO, Nadja Håkansson, underscored the company’s dedication to building carbon-free value chains, stating, “We are eager to collaborate with HAMR Energy on this impactful project, addressing the demand for sustainable shipping fuel and making a meaningful contribution to reducing carbon emissions in this industry.”
