--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20261015-green-ammonia-power-lotte-fine-chemical-korea/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # LOTTE Fine Chemical secures Korea’s first green ammonia power deal, 1,500 t from 2027 Publication Date: 2026-10-15T17:00:00-04:00 Last Updated: 2026-10-15T02:53:14-04:00 Author: Kim Clarksen (https://www.fertilizerdaily.com/author/kimclarksen/) Categories: [Markets](https://www.fertilizerdaily.com/markets/), [Green & Low-Carbon](https://www.fertilizerdaily.com/sustainability/green-low-carbon/), [Nitrogen](https://www.fertilizerdaily.com/markets/nitrogen/), [Sustainability](https://www.fertilizerdaily.com/sustainability/) ![LOTTE Fine Chemical secures Korea’s first green ammonia power deal, 1,500 t from 2027](https://www.fertilizerdaily.com/wp-content/uploads/2026/10/sns_link_thumbs.png) The green ammonia power contract fuels a 1 MW Pohang pilot that Amun Energy plans to scale to 40 MW, with LOTTE holding first rights to supply. LOTTE Fine Chemical will supply green ammonia for power generation for the first time in South Korea under a contract with Amun Energy, a joint venture of GS E&C and U.S.-based Amogy, the Seoul Economic Daily reported on October 8. The green ammonia power deal covers 1,500 tonnes over one year starting in 2027. Amun Energy, set up in April, is building a 1 MW ammonia-fueled distributed power demonstration plant in a special distributed-energy district of the Yeongil Bay industrial complex in Pohang. It plans commercial operation in 2028 and stepwise expansion to as much as 40 MW, with LOTTE holding priority negotiation rights for supply as the plant grows. LOTTE Fine Chemical entered the ammonia business in 1984 and handles about 700,000 tonnes a year, the third-largest volume of any single company worldwide, according to the report. It owns Asia's largest ammonia storage tank at Ulsan. This year it became the first company to import green ammonia, in March, and began commercial green ammonia bunkering for ships in April. "This contract is significant in that it marks the start of building a green ammonia supply chain for power generation," said Hwang Seok-min, head of the company's ammonia business division. New energy uses compete with fertilizer for low-carbon ammonia supply, as large export projects such as [China Huadian's 100,000 t/yr Yingkou plant](https://www.fertilizerdaily.com/20261001-china-huadian-green-ammonia-yingkou/) come online. Source: [Seoul Economic Daily](https://en.sedaily.com/finance/2026/10/08/lotte-fine-chemical-to-supply-first-green-ammonia-for-power) Tags: [ammonia](https://www.fertilizerdaily.com/tag/ammonia/), [clean ammonia](https://www.fertilizerdaily.com/tag/clean-ammonia/), [decarbonization](https://www.fertilizerdaily.com/tag/decarbonization/), [green ammonia](https://www.fertilizerdaily.com/tag/green-ammonia/), [LOTTE Fine Chemical](https://www.fertilizerdaily.com/tag/lotte-fine-chemical/), [South Korea](https://www.fertilizerdaily.com/tag/south-korea/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.