The two companies have agreed on a strategic partnership to set up the first clean hydrogen maritime corridor between the ports of Algeciras and Rotterdam for the decarbonization of European industry and maritime transport.

 

The partnership envisages Yara Clean Ammonia (YCA) supplying Cepsa with clean ammonia volumes, which will allow the energy company to get a head start in establishing the clean hydrogen corridor and lead the initiative to serve industrial and maritime customers in Rotterdam and Central Europe.

 

“Yara Clean Ammonia and Cepsa have forged a pioneering partnership to establish a credible and robust supply chain for clean energy transformation in Europe. This partnership will lay a solid foundation for industrial efforts to secure clean ammonia and hydrogen for several downstream applications in Europe while securing the clean transformation goals. We are delighted to be a part of this collaborative initiative,” said Magnus Krogh Ankarstrand, President of Yara Clean Ammonia.

 

The alliance with Yara Clean Ammonia will help establish a safe, resilient, and cost-efficient supply chain for delivering clean ammonia to Cepsa’s industrial and maritime customers in Rotterdam and Central Europe. The partnership also paves the way for Cepsa to deliver the first clean hydrogen molecules to its customers by using Yara Clean Ammonia’s global supply base and logistical footprint. This will in turn allow the energy company to start marketing clean hydrogen and clean ammonia to industrial customers and maritime customers in Rotterdam and Central Europe.

 

"Today’s agreements are a crucial step towards the long-term viability of the Andalusian Green Hydrogen Valley and the implementation of the first maritime corridor of sustainable fuels that will link the South with the North of Europe. Green hydrogen and its derivatives are the fastest, most viable and competitive solution to accelerate the energy transition in heavy transport and ensure energy independence in Europe. The agreements announced today give our project crucial access to markets, customers and distribution infrastructure: three key elements to unlock the potential of our Hydrogen valley. This is major news for the decarbonization of European shipping and industry and for the planet," said Maarten Wetselaar, CEO of Cepsa.

 

The alliance incorporates Yara Clean Ammonia as the newest partner of the Andalusian Green Hydrogen Valley. YCA and Cepsa will work comprehensively to develop a robust supply chain for realizing the clean hydrogen corridor. Cepsa will build a new green ammonia plant at its energy park in San Roque, Cádiz, near the port of Algeciras, with an annual production capacity of up to 750,000 tons.

 

Their Majesties the King of Spain, Felipe VI, and the King of the Netherlands, Willem-Alexander, witnessed today the signing of the commercial partnership agreement between Yara Clean Ammonia and Cepsa, under which the two companies will set up the first clean hydrogen maritime corridor between southern and northern Europe, connecting the ports of Algeciras and Rotterdam as part of efforts to boost decarbonize industry and maritime transport on the continent.

 

Yara Clean Ammonia is part of Yara International, which has its largest ammonia and fertilizer plant in the Netherlands. Since 1929, the Dutch Yara site has been located in Sluiskil on the Ghent-Terneuzen canal, a major deep-sea waterway opening into the North Sea and connecting European inland rivers and railway all over Europe. The largest fertilizer production site in western Europe is highly integrated and is one of the world’s most efficient plants.