Samsung Engineering Begins Design for Malaysia Clean Hydrogen Project

Malaysia Sarawak Clean Hydrogen Project
Final Investment Decision in 2024 Based on Basic Design

Clean hydrogen projects in Sarawak, Malaysia, led by domestic companies are entering the main phase with the start of basic design.

On the 24th, Samsung Engineering, Lotte Chemical, Korea National Oil Corporation, and Malaysia SEDC Energy announced that they have begun the basic design and held a kickoff meeting for the "Malaysia Sarawak H2biscus Clean Hydrogen Project." The kickoff meeting, held the previous day at Samsung Engineering headquarters in Sangil-dong, Gangdong-gu, was attended by key representatives from each participating company, including Park Cheonhong, Vice President of Samsung Engineering, to review major issues and schedules related to the basic design progress.

Stakeholders participating in the kickoff meeting are taking a commemorative photo. (From the left: Park Cheonhong, Vice President of Samsung Engineering; Jang Gyujin, Executive Director of Lotte Chemical; Kim Yonghak, General Manager; Robert Hardin, President of SEDC Energy; Jang Jinhwan, Team Leader of Korea National Oil Corporation; Park Changu, Project Manager of Samsung Engineering)

The H2biscus project is a business to produce clean hydrogen based on renewable energy in the Sarawak region of Malaysia and import it to Korea. The basic design covers a green hydrogen production plant with an annual capacity of 150,000 tons and a green ammonia conversion plant with an annual capacity of 850,000 tons to be constructed locally in Malaysia. Samsung Engineering will carry out the basic design independently, scheduled for completion in 2024. Based on the basic design, the final investment decision will be made by the end of next year, aiming to start commercial hydrogen production in early 2028.

A Samsung Engineering official said, "We have taken the first step to proceed with the H2biscus project, which is significant both domestically and internationally," adding, "We will make it a role model for global clean hydrogen development projects."