HAMR Energy and thyssenkrupp Uhde join forces to increase clean fuel production

Australian low-carbon fuels and chemicals company HAMR Energy has signed a memorandum of understanding with chemical engineering leader thyssenkrupp Uhde to support the implementation of the A$2 billion Portland Renewable Fuels Project, which will help decarbonize the shipping sector, according to a company statement.

As part of the partnership, thyssenkrupp Uhde will deliver a plant that integrates its proven PRENFLO gasification technology with Uhde’s innovative green methanol technology to transform forest residues into high-quality green chemicals. The large-scale Green Methanol project will produce 300,000 tons per year of green methanol. HAMR Energy Director David Stribley said the agreement is another step toward the company’s goal of developing one million tons of green methanol by 2030.

Germany-based thyssenkrupp Uhde is ready to bring scale and expertise to the Portland Renewable Fuels Project, while delivering environmentally friendly solutions that meet the challenges of the future. Nadja Håkansson, CEO of thyssenkrupp Uhde, said the agreement reflects the company’s goal and innovative approach to creating carbon-free value chains.

The Portland Renewable Fuels project aims to produce 300,000 tonnes of green methanol per year, equivalent to retiring 80,000 cars or decarbonising 150,000 tonnes of fossil fuels. The project is ongoing and is expected to be operational by 2029. Victoria’s competitive advantages, strategic investments and ambitious renewable energy targets provide a unique opportunity to develop the renewable hydrogen market. The Victorian Government is supporting the Portland Renewable Fuels project with $500,000 for a feasibility study through its Portland Diversification Fund.