Port of Açu and YamnaCo Partner to Develop Green Ammonia Project in Brazil
Key Ideas
- Port of Açu and YamnaCo sign an agreement to develop a green ammonia project in Brazil, targeting a production capacity of up to one million tonnes per year.
- YamnaCo expects to make a final investment decision by 2027 and start producing green molecules by 2030, utilizing the renewable energy capacity of Brazil for global export.
- The partnership between the companies and the support from Port of Antwerp-Bruges International set the foundation for creating a green hydrogen and ammonia corridor between Brazil and Belgium.
- This project signifies a step towards the energy transition in Brazil, with Port of Açu providing the necessary infrastructure and logistics for expanding green ammonia production.
Port of Açu Operações (Port of Açu) and YamnaCo have signed a land reservation agreement in the Port of Açu, located in the northeast of Rio de Janeiro State, Brazil, to develop a green ammonia project. The agreement aims to reserve 2 million square meters for green hydrogen projects, with an additional 1 million square meters already licensed. This initiative opens up the potential for a green hydrogen and ammonia corridor connecting Brazil with Belgium. YamnaCo, targeting a production capacity of up to one million tonnes per year, plans to finalize its investment decision by 2027 and commence production of green molecules by 2030. The partnership between the companies and the support from Port of Antwerp-Bruges International highlight the commitment to establishing a sustainable energy pathway. The strategic location of Brazil, coupled with its renewable energy potential, offers a significant opportunity to scale up green ammonia production to meet the rising global demand. Port of Açu, known for its industrial and energy capabilities, is well-positioned to support the expansion of green ammonia production, aligning with the company's goal of developing large-scale export projects in favorable locations. This collaboration signifies a positive step towards the energy transition in Brazil, leveraging the port's infrastructure and logistics for the advancement of low-carbon economy projects.
Topics
Green Hydrogen
Renewable Energy
Infrastructure
Energy Transition
Partnership
Ammonia Production
Logistics
Global Demand
Export
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