Ronn Inc. Has Been Invited to Talks About Supplying up to Ten Hydrogen Production Hubs to be Used in the Production of Urea for Fertilizer
RONN Inc. (OTC PINK:RONN) has been invited to discuss potentially supplying up to ten hydrogen production hubs for Urea production in South Korea through its Joint Venture with HES. The project, valued at multiple billions of dollars, could expand to 60 hubs in the future. The company plans to use its hydrogen logistic vehicles to maintain net-zero impact. The hubs will produce hydrogen for Urea manufacturing, which is used in fertilizers and DEF fluid for diesel engines. The RONN/HES Joint Venture aims to use only green hydrogen sources to ensure environmental sustainability.
RONN Inc. (OTC PINK:RONN) è stata invitata a discutere la possibile fornitura di fino a dieci hub di produzione di idrogeno per la produzione di urea in Corea del Sud attraverso la sua Joint Venture con HES. Il progetto, del valore di miliardi di dollari, potrebbe espandersi fino a 60 hub in futuro. La società prevede di utilizzare i propri veicoli logistici per l'idrogeno per mantenere un impatto netto zero. Gli hub produrranno idrogeno per la produzione di urea, che viene utilizzata nei fertilizzanti e nel fluido DEF per motori diesel. La Joint Venture RONN/HES mira a utilizzare solo fonti di idrogeno verde per garantire la sostenibilità ambientale.
RONN Inc. (OTC PINK:RONN) ha sido invitada a discutir la posible provisión de hasta diez plataformas de producción de hidrógeno para la producción de urea en Corea del Sur a través de su empresa conjunta con HES. El proyecto, valorado en varios miles de millones de dólares, podría expandirse a 60 plataformas en el futuro. La compañía planea utilizar sus vehículos logísticos de hidrógeno para mantener un impacto neto cero. Las plataformas producirán hidrógeno para la fabricación de urea, que se utiliza en fertilizantes y en el líquido DEF para motores diésel. La empresa conjunta RONN/HES tiene como objetivo utilizar solo fuentes de hidrógeno verde para garantizar la sostenibilidad ambiental.
RONN Inc. (OTC PINK:RONN)는 HES와의 합작 투자를 통해 한국에서 요소 생산을 위한 최대 10개의 수소 생산 허브 공급 가능성에 대해 논의하라는 초대를 받았습니다. 이 프로젝트는 수십억 달러에 달하며, 향후 60개의 허브로 확장될 수 있습니다. 이 회사는 순 제로 영향을 유지하기 위해 수소 물류 차량을 사용할 계획입니다. 허브는 비료와 디젤 엔진을 위한 DEF 액체에 사용되는 요소 제조를 위한 수소를 생산합니다. RONN/HES 합작 투자는 환경 지속 가능성을 보장하기 위해 오직 녹색 수소 원만을 활용하는 것을 목표로 하고 있습니다.
RONN Inc. (OTC PINK:RONN) a été invité à discuter de la possibilité de fournir jusqu'à dix centres de production d'hydrogène pour la production d'urée en Corée du Sud par le biais de sa coentreprise avec HES. Le projet, évalué à plusieurs milliards de dollars, pourrait s'étendre à 60 centres à l'avenir. La société prévoit d'utiliser ses véhicules logistiques à hydrogène pour maintenir un impact net nul. Les centres produiront de l'hydrogène pour la fabrication d'urée, utilisée dans les engrais et le liquide DEF pour moteurs diesel. La coentreprise RONN/HES vise à n'utiliser que des sources d'hydrogène vert afin d'assurer la durabilité environnementale.
RONN Inc. (OTC PINK:RONN) wurde eingeladen, die potenzielle Lieferung von bis zu zehn Wasserstoffproduktionszentren zur Urea-Produktion in Südkorea im Rahmen ihres Joint Ventures mit HES zu erörtern. Das Projekt, das mehrere Milliarden Dollar wert ist, könnte in Zukunft auf 60 Zentren erweitert werden. Das Unternehmen plant, seine Wasserstofflogistikfahrzeuge zu nutzen, um einen Netto-null Einfluss zu gewährleisten. Die Zentren werden Wasserstoff zur Herstellung von Urea produzieren, das in Düngemitteln und in DEF-Flüssigkeit für Dieselmotoren verwendet wird. Das Joint Venture RONN/HES hat das Ziel, ausschließlich grüne Wasserstoffquellen zu nutzen, um die Umweltverträglichkeit sicherzustellen.
- Potential participation in a multi-billion dollar project
- Possibility of expanding from 10 to 60 hydrogen production hubs
- Strategic entry into the growing Urea production market
- Project is still in preliminary discussion phase with no firm commitments
- Implementation timeline spans several years
- Company will be part of larger consortium, limiting potential revenue share
SCOTTSDALE, AZ / ACCESSWIRE / October 24, 2024 / Scottsdale, Ariz., October 24, 2024 RONN Inc. (OTC PINK:RONN) is excited to announce that they have been invited to participate in talks regarding the potential supply of up to ten hydrogen production hubs for the production of Urea for fertilizer and other products in South Korea. Through its new Joint Venture with (HES), RONN Inc. is exploring the possibility of providing these crucial hubs over the next few years. RONN's hydrogen logistic vehicles will be used to maintain a net-zero impact of the project of the multi-billion-dollar project.
The project is expected to take several years to complete, and the potential for 60 hubs is on the horizon. The Joint Venture anticipates being part of a larger supply consortium to meet the growing demand for Urea in the market. Urea is not only used for fertilizer production but also DEF fluid for diesel engines, further highlighting its importance in various industries
Hydrogen plays a vital role in the creation of Urea, as it reacts with carbon dioxide to form the essential compound. This process is necessary for the production of ammonia, which is a crucial ingredient in Urea. In order to ensure the project remains environmentally friendly,
Hydrogen is in high demand for Urea production, as it is a critical component in the creation of ammonia. The production of hydrogen typically requires substantial energy consumption, but the RONN/HES Joint Venture aims to use only green hydrogen sources, ensuring a sustainable supply chain.
About RONN, Inc
RONN, Inc. is a forward-thinking company dedicated to making a positive impact on the environmental credit market. With a commitment to innovation and sustainability in the commercialization of Hydrogen in both mobile and stationary sectors, RONN, Inc. strives to create value for both its shareholders and the planet.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause or contribute to such differences include but are not limited to, the success of RONN, Inc. initiatives in the hydrogen tax credit market. RONN, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact Information
John Morgan
IR
jmorgan@ronnmotorgroup.com
SOURCE: RONN Inc
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FAQ
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