Proquigel Química Seeks Extension for Green Hydrogen and Ammonia Project in Brazil
Key Ideas
  • Proquigel Química requests 180-day extension for the storage of cargoes and equipment at the urea maritime terminal in Aratu for the implementation of a green hydrogen and ammonia plant.
  • Unigel subsidiary faces economic challenges, leading to a delay in the project at the Camaçari petrochemical complex.
  • Investment of US$1.5bn planned for the green hydrogen and ammonia plant with a capacity of 100,000t/y, aiming to offer solutions for decarbonization challenges.
  • Green ammonia, a key product, could be used as fuel for ships and strengthen Unigel's sustainable product portfolio as a raw material for fertilizers and acrylics.
Proquigel Química, a subsidiary of Unigel in Brazil, has requested an extension of 180 days from the waterways regulator, Antaq, to keep cargoes and equipment for a green hydrogen and ammonia project stored at its urea maritime terminal in the port of Aratu, Bahia. The delay in the project, based at the Camaçari petrochemical complex, is attributed to the economic struggles faced by the company, which filed for judicial reorganization earlier due to financial difficulties. The project, with an initial investment of US$1.5bn, aims to produce 100,000 tons per year of green hydrogen to obtain green ammonia. This initiative is seen as a step towards decarbonization, offering solutions to customers facing sustainability challenges. Green ammonia could serve as a fuel source, particularly for ships, contributing to the sustainability goals of the maritime industry. Moreover, green ammonia plays a crucial role as a raw material for fertilizers and acrylics, aligning with Unigel's focus on expanding its sustainable product offerings. The company's proposal reflects a positive outlook on the potential of green hydrogen and ammonia in addressing environmental concerns while also considering economic factors to ensure project continuity and success.
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