ASCO Norway supports Horisont Energi in the move towards Net Zero future

28 October 2021
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Norway , News , Sustainability

Global integrated materials and logistics management company, ASCO has been chosen as the supplier of logistics and supply services for Horisont Energi’s pioneering endeavors within the production of clean energy and carbon transport and storage.

The four-year framework agreement with options to extend will provide full logistics and supply services within marine, base and port operations, materials management and control, transport and customs clearance, environmental services, delivery of cargo carriers and associated equipment, as well as other logistic-related services.

Horisont Energi is an innovative company in clean energy and carbon storage technology, with a focus on blue ammonia, blue hydrogen and carbon storage for the industry.

The company will build the Europe's first large-scale factory for the production of "clean" ammonia from natural gas and renewable energy, which means that CO2 is captured during the production process and stored permanently in sandstone reservoirs. Reservoir Polaris is located under the seabed off the coast of Finnmark in Norway. An investment decision is expected for the Barents Blue project around the end of 2022.

Ammonia has a number of industrial applications, including fertilizer production, and today is the world's second largest industrial gas used, with an established infrastructure for shipping the product across the globe. Ammonia is expected to be used for climate-neutral fuels, particularly in the maritime industry and for the climate-neutral power generation.

Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi commented: "Through the Barents Blue project, Horisont Energi and project partners are in the process of creating a new global production region for pure ammonia, one of the largest ammonia production regions in the world. Ammonia is one of the world's most important industrial gases, and clean Ammonia will therefore play an important role in the green shift and in low-carbon societies."

ASCO has assisted Horisont Energi in the process of choosing a site for the onshore facility and has offered a valuable support in Finnmark. This has been an important contribution to the work that has led up to Markoppneset, in the municipality of Hammerfest, Norway as the preferred site for the company's planned plant for the production of "clean" ammonia.

Runar Hatletvedt, CEO of ASCO Norway commented: "This is a very important contract for us. It channels ASCO’s focus on sustainable solutions and cements that we want to contribute positively to the green shift with optimal logistics solutions."

Learn more about our capabilities across Norway here.