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Transhydrogen Alliance announces
collaboration to bring Green Ammonia to the European Market
23 March 2021
Schiedam, the Netherlands, 23 March 2021 – Proton Ventures BV, an
engineering and development company in the Netherlands, Dubai-based
Trammo DMCC, a subsidiary of Trammo Inc., a leading global commodities
merchandising and trading company and market leader in anhydrous
ammonia, and VARO, an European mid- and downstream energy company,
signed a Memorandum of Understanding (“MOU”) for a joint initiative
and mutual cooperation on the production and import of green hydrogen
and green ammonia into Europe via Rotterdam, as well as export thereof
from selected locations worldwide. The Port of Rotterdam Authority
supports this consortium, especially in its effort to set up an import
terminal in Rotterdam for these new supply chains.
The consortium of parties (collectively, “Transhydrogen Alliance”)
intends to start its collaboration with an initial project for the
production of green hydrogen produced from solar and wind rich areas
and the import of such hydrogen in the form of green ammonia into
Europe. The initial project is expected to be completed by 2024.
Following success of the initial project, “Transhydrogen Alliance”
targets the import up to 500,000 tonnes of green hydrogen equivalent
to up to 2.5 million tonnes green ammonia per year via the Port of
Rotterdam.
“Transhydrogen Alliance” offers a fully integrated team in the green
hydrogen and green ammonia supply chain with knowledge and experience
in technology, logistics and sales. Pricing is expected to be
competitive compared to that of other supply chains for hydrogen
production based on renewable energy.
The representatives of the companies involved in the venture had the
following comments:
Hans Vrijenhoef, CEO of Proton Ventures: “Transhydrogen
Alliance offers an integrated supply chain, with reduced costs for the
import of green hydrogen and green ammonia into Europe. Through
advanced technology we can make green energy available at an
affordable cost. Proton Ventures, with its team of dedicated
engineers, has been working on its state-of-the-art technology for
over 10 years and in combination with renewable energy cost reductions
our vision is becoming reality. We are very excited to be part of this
group and look forward to working together with current participants
as front runners in the energy transition.”
Christophe Savi, Head of Trammo’s Ammonia Division: “Trammo is
proud to participate in the project and to help advance the transition
of the global Ammonia supply chain as well as the distribution of
green energy carriers such as Hydrogen. We are excited to work with a
stimulating and engaging group of partners who seek to progress
rapidly in achieving our shared goal of producing and providing to the
industry a safe, clean and economically sustainable product.”
Theo Pannekeet, VARO’s Head of Renewables: “VARO is excited to
be part of this consortium that aims to bring this green multi-purpose
product to a center stage in the energy transition. The solution
developed in collaboration with our partners is a great example of how
existing technologies can be used to find innovative ways to address
the future through new sustainable solutions.”
About Proton Ventures
Proton Ventures is a technology company that is working to make the
global energy transition a reality. The company specializes in ammonia
related technologies and products, including storage concepts for
chemical and liquid energy carriers. Proton Ventures designs and
builds pressurised and refrigerated ammonia storage facilities, small
scale ammonia production facilities ‘NFuel’ units as well as SCR
processes. For more information visit: https://protonventures.com/
Media contact:
Rianne Vriend-Vrijenhoef
+31 6 10 54 45 01
rianne.vriend@protonventures.com
About Trammo
Trammo is a leading international merchandising and trading company
that markets, trades, transports and distributes key raw materials
used in industrial processes and fertilizer production globally. The
Company is a market leader in anhydrous ammonia, sulfur, sulfuric acid
and petroleum coke. In addition, Trammo is a producer and marketer of
nitric acid in the United States. The history of Trammo spans more
than 55 years. For more information visit: https://www.trammo.com/,
Media contact:
Louis Epstein
louis.epstein@trammo.com
+1 212 223 3200
About Varo
VARO Energy (“VARO”) is an energy company operating throughout the
complete downstream fuel supply chain with refining, storage,
blending, distribution, sales and marketing assets. It safely delivers
high-quality products from fossil and renewable sources to its
national and international business customers and end-consumers. The
company owns a refinery in Cressier, Switzerland, a majority share in
the Bayernoil refinery, Southern Germany, as well as storage
facilities, distribution and marketing businesses in Benelux, France,
Germany and Switzerland. VARO’s shareholders include Carlyle
International Energy Partners, an advisory fund which is part of the
global alternative asset manager The Carlyle Group; and international
energy and commodities company Vitol. For more information about VARO,
please visit www.varoenergy.com.
Media contact:
Florence Lebeau
florence.lebeau@varoenergy.com
+41 79 546 66 31
Port of Rotterdam
The aim of the Port of Rotterdam Authority is to strengthen the
competitive position of the port of Rotterdam as a logistics hub and a
world-class industrial complex in terms of both size and quality. The
Port Authority is able and willing to make an impact and so it is
focusing on accelerating sustainability in the port and it is a
partner in the digitalisation of the port and logistics chains. The
Port Authority’s core tasks are the sustainable development,
management and operation of the port, the maintenance of the smooth
and safe handling of shipping and supporting the future-resilience of
the port of Rotterdam. For more information visit:
www.portofrotterdam.com
For more information about the Transhydrogen Alliance, please contact:
Rianne Vriend-Vrijenhoef
+31 6 10 54 45 01
rianne.vriend@protonventures.com
Green Play Ammonia™, Yielder® NFuel Energy.
Spokane, Washington. 99212
www.exactrix.com
509 995 1879 cell, Pacific.
exactrix@exactrix.com
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