ACME Cleantech Partners with BASF for Green Ammonia Supply in Europe
Key Ideas
- ACME Cleantech signed a Heads of Agreement with BASF to supply green ammonia to Europe and aims for further collaboration in the green ammonia business.
- The partnership focuses on sustainability and innovation, intending to drive positive change and set a benchmark for sustainable industrial practices.
- ACME also plans to work with BASF to accelerate the adoption of green hydrogen and ammonia, reinforcing their commitment to decarbonisation.
- ACME is setting up a green ammonia project in Oman with a 900,000 tonne per annum capacity, aiming to become a leading green energy provider by 2030.
ACME Cleantech has entered into a significant partnership with BASF to provide green ammonia to Europe and explore additional collaboration opportunities in the green ammonia sector. This move reflects ACME's dedication to sustainability and innovation across the entire value chain, from production to market development. The company aims to support its customers in producing more sustainably, thereby promoting positive change and establishing a standard for sustainable industrial practices in Europe and globally. By partnering with BASF, ACME intends to promote cross-border cooperation, strengthen the commitment to decarbonisation in both regions, and hasten the adoption of green hydrogen and ammonia. Additionally, ACME is progressing with a green ammonia project in Oman, with plans for a substantial annual capacity, demonstrating its ambition to be a prominent provider of green energy by 2030, targeting the production of 10 million tonnes of green ammonia and hydrogen annually.