DP World, AM Green enter sustainable fuels deal

AM Green, a leader in green hydrogen and ammonia production, has

chemicals.

Under the Memorandum of Understanding (MoU), signed in December, DP World

and AM Green will jointly develop logistics and storage infrastructure to

facilitate the global export of 1 million tonnes per annum (MTPA) of green

ammonia and 1 MTPA of green methanol.

　　This includes:

• Developing port infrastructure across AM Green Net-Zero Industrial Clusters

  to facilitate global exports.

• Developing bunkering infrastructure across Dubai, India, and Southeast Asia

  for green ammonia and methanol supplied from AM Green plants.

• Establishing strategic terminal infrastructure across the European Union,

  Far East, and UAE to provide the required zero carbon supply chain to support

  their transition to a low carbon economy.

AM Green is developing multiple projects across India, using renewable

energy sources, including solar, wind and hydroelectric power, to produce

Sustainable Aviation Fuel (SAF), green ammonia, green hydrogen, chemicals and

biofuels.

The company aims to achieve a production capacity of 5 MTPA by 2030 and has

already made a final investment decision for a 1 MTPA Green Ammonia plant in

Kakinada, Andhra Pradesh, situated on India’s eastern coast.

Mahesh Kolli, Founder, Greenko Group & AM Green, stated: “We are

committed to contributing to India’s ambition of emerging as a green energy

exporter and we are excited to partner with DP World to build a world-class

infrastructure for the global movement of green molecules.

“This strategic partnership will enable us to eAiciently export green

Ammonia, green methanol, and other sustainable fuels, enhancing the global green

supply chain and supporting the global shift to a low-carbon economy.”

Yuvraj Narayan, Group Deputy CEO and CFO, DP World Group, said: “DP World

aims to be essential to the future of global trade, ensuring everything it does

has a long-lasting positive impact on economies and societies.

“As part of our commitment to driving sustainable supply chains, partnering

with AM Green allows us to harness our expertise in logistics and infrastructure

to facilitate the global distribution of clean fuels and chemical products.

Together, we aim to play a pivotal role in enabling a low-carbon economy and

advancing global sustainability goals.”

Last week, DP World announced a new partnership with the Gemini Cooperation

to enhance cargo operations throughout Canada.