Toyo Engineering Corporation (TOYO, President & CEO Eiji Hosoi) announced that it reached a Memorandum of Understanding (MOU) with KELLOGG BROWN & ROOT LLC (President CEO Stuart Bradie, KBR) as the first EPC partner to accelerate commercialization of KBR’s licensed technology, “Hydrogen from Ammonia Cracking Technology (H2ACT?)” on July 26th, 2023.
The role of hydrogen energy is crucial to the realization of a low-carbon society, and the deployment of a CO2-free hydrogen value chain is essential. In addition to ammonia, liquefied hydrogen, and organic hydrides (methylcyclohexane) are the major carriers of hydrogen energy. The advantages of ammonia include ease of transportation and storage, direct use for power generation fuel, and a wide range of applications such as hydrogen-fired power generation and fuel cell vehicle (FCV) by extracting hydrogen from ammonia through cracking.
Facilities using this technology will primarily be installed in ammonia receiving terminals. It is expected to accelerate the social implementation of hydrogen energy*1 by cracking ammonia and extracting hydrogen in the near future.
KBR has advanced technological capabilities of ammonia production process and worldwide top market share. TOYO possesses abundant experience and technical expertise cumulated through the plant EPC (engineering, procurement, and construction) with KBR in the last 55 years*2. By leveraging the advantages of both companies, KBR and TOYO will be able to deliver customized and highly effective technology solutions and demonstrate comprehensive plant construction capabilities. KBR and TOYO have concluded the above MOU to jointly promote the commercial implementation of H2ACT?.
The roles of each company
KBR:
Provide optimized design of H2ACT? as licensor
TOYO:
Detailed design of commercial plant of H2ACT? and EPC
TOYO&KBR:
Business development for social implementation of H2ACT?
KBR has stated that H2ACT? is “Ready to license and guarantee today”.
TOYO and KBR have signed the MOU to further accelerate the commercialization of H2ACT? including customer development activities.
