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Port of Immingham
UK Derivatives and products
Stuart Penson
18 June 2025
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Letter on hydrogen: Cracking the ammonia code

UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project

US industrial gases major Air Products has shelved a £2b ($2.7b) green energy import project at the UK’s northeastern port of Immingham, citing a lack of government support. The project would have included capacity to crack imported green ammonia back to hydrogen for local consumption. On one level, the move is not entirely surprising, given the strategy update given in May by recently installed CEO, Eduardo F. Menezes. “We will delay investing in downstream facilities in Europe until specific regulatory frameworks are clear for each country and we have firm customer commitments,” he told investors. $2.7b – Project cost However, the policy backdrop in the UK raises deeper questions a

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2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
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Letter on hydrogen: The Mauritania model
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The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
Letter on hydrogen: Leading the way to demand
19 November 2025
The creation of ‘lead markets’ to generate hydrogen demand in the EU has potential, but implementation would pose complex challenges for producers and industrial offtakers

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