Page 168 - CW E-Magazine (22-4-2025)
P. 168

News from Abroad


       PARTNERSHIP

       CF Industries, JERA and Mitsui & Co. form low-carbon

       ammonia Joint Venture

          CF Industries Holdings Inc., the US-
       based producer of ammonia, has formed
       a joint venture with JERA, Japan’s largest
       energy company, and Mitsui & Co. Inc., a
       leading Japanese investment and trading
       company,  for  the  construction,  produc-
       tion and offtake of low-carbon ammonia.
       CF Industries will hold 40% ownership,
       JERA  35%  and  Mitsui  25%  in  the  jv
       that will construct at CF Industries’ Blue
       Point Complex in Louisiana an autother-
       mal reforming (ATR) ammonia produc-
       tion facility with a carbon dioxide (CO )  expect  to  be  robust  global  demand  for  from natural gas to chemicals including
                                     2
       dehydration and compression unit at the  low-carbon ammonia for both traditional  this project, and our strength and track
       site to prepare captured CO  for transpor-  and new applications.”   record in the global trading of ammonia.
                            2
       tation and sequestration.                                          We aim to lower carbon emissions across
                                           Mr. Yukio Kani, JERA’s Global CEO  various industries through investment in
          The estimated cost for the ammonia  and Chair said, “The Blue Point project  projects of this kind.”
       production facility is approximately $4-bn,  is  a  testament  to  the  strong  alliances
       which  will  be  funded  by  each  partner  we are building to advance low-carbon   The jv has awarded the engineering,
       according to their ownership percentage.  solutions. As we move forward, we will  procurement,  and  module  fabrication
       CF Industries will be responsible for the  continue to accelerate the availability of  contract  to  France’s  Technip  Energies,
       operation and maintenance of the facility.  low-carbon fuels and develop their sup-  which will perform engineering and fabri-
                                         ply chains, driving meaningful progress  cation  of  the  equipment  and  modules
          The facility will have a nameplate  toward a more stable and cleaner energy  required for the facility. Technip Ener-
       capacity of approximately 1.4-mtpa, which  future.”  Mr.  Kenichi  Hori,  President  gies will work with Denmark’s Topsoe,
       would  be  the  largest  ammonia  produc-  and CEO of Mitsui & Co., said, “Mitsui  to which the joint venture awarded the
       tion facility by nameplate capacity in the  will  establish  a  low-carbon  ammonia  process  license  for  their  low  carbon
       world. Construction is expected to begin  value-chain  worldwide  by  leveraging  (blue)  SynCOR ATR ammonia plant
       in 2026 and production in 2029. Product  its presence in the US gas value chain  technology.
       offtake will be handled independently by
       the  three  companies  according  to  their  Azelis acquires Spanish nutraceuticals
       ownership  percentage.  1PointFive,  a   fi rm
       carbon capture, utilisation, and sequestra-
       tion (CCUS) company and subsidiary of   Belgian chemicals distributor, Azelis,   The  acquisition  aligns  with  Azelis’s
       American  energy  fi rm,  Occidental,  will  has  acquired  100%  of  the  shares  of  strategy as it focusses on a targeted busi-
       transport  and  sequester  approximately  Solchem Nature S.L., a Spanish nutra-  ness that supports growing its market
       2.3-mtpa of CO  at 1PointFive’s Pelican  ceuticals company.        share in Spain, adding expertise to its
                   2
       Sequestration Hub in Louisiana.                                    EMEA-wide nutraceutical platform.
                                           Based  in  Barcelona,  Solchem  was
          Mr. Tony Will, President & CEO, CF  founded in 1994 to distribute raw mate-  Mr. Javier Pérez, Managing Director
       Industries,  said,  “Our  joint  venture  re-  rials for the dietary sector. The company  at Azelis Iberia, said, “Our combined capa-
       presents tangible progress towards build-  later  expanded  its  portfolio  to  include  a  bilities signifi cantly strengthen Azelis’s
       ing a reliable and affordable low-carbon  wide  range  of  premium  ingredients  and  position in the highly attractive nutra-
       ammonia  value  chain  to  meet  what  we  formulations for the nutraceutical market.  ceutical market.


       168                                                                      Chemical Weekly  April 22, 2025


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