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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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