- IHI and Vopak plan to start ammonia terminal operations in Japan by fiscal year 2030.
- The terminal will support Japan's decarbonization goals by storing and distributing ammonia.
- Vopak will use its expertise in ammonia terminal engineering and operations.
- IHI will focus on developing a clean ammonia value chain.
Joint Venture Overview
IHI Corporation and Royal Vopak have signed a joint development agreement to establish a joint venture for an ammonia terminal in Japan. The project aims to begin operations by the Japanese fiscal year 2030, focusing on creating safe and efficient ammonia storage and handling infrastructure.
Project Goals
The terminal will facilitate the import, storage, and distribution of ammonia in Japan, contributing to the country's decarbonization efforts. Ammonia is expected to play a significant role in reducing carbon emissions by serving as a fuel and raw material in power generation and various industrial applications.
Roles and Expertise
Vopak, with its global experience in ammonia terminal engineering and operations, will contribute its expertise to the project. IHI, as a leading ammonia storage tank manufacturer in Japan, will focus on developing a clean ammonia value chain. The collaboration aims to establish a comprehensive ammonia supply chain in Japan, promoting its various uses.
Infrastructure Development
The partnership will work towards creating an efficient ammonia distribution system, utilizing the terminal as a hub for marine transportation. This development is part of a broader strategy to enhance Japan's energy transition and support the establishment of sustainable energy infrastructure.
