PR91984

MILAN, Sept. 29, 2021 /PRNewswire=KYODO JBN/ --

Maire Tecnimont S.p.A. announces that its subsidiaries MET Development,

Stamicarbon and NextChem have reached an agreement with US-based Greenfield

Nitrogen LLC, to develop the first dedicated green ammonia plant in the US

Midwest. As part of the agreement, NextChem will start a feasibility study for

the 240 metric tons per day green ammonia project utilizing green energy via

the intermediate production of green hydrogen. MET Development will assist

Greenfield Nitrogen in the development of the project. The technology for the

plant will be provided by Stamicarbon, which earlier this year launched its new

STAMI Green Ammonia technology.

The project is the first of a series of green ammonia facilities that

Greenfield Nitrogen is interested to strategically develop in the US Corn Belt.

The plant and storage facility, which will be located near Garner, Iowa, will

be powered by local renewable sources and will supply the ammonia to the local

market, which traditionally is a large ammonia-consuming market.

The green ammonia plant will strengthen the development of the low carbon

industry in the region and is expected to save over 166,000 tons of CO2

emissions per annum. The production of around 83,000 tons of ammonia per annum

will reduce the region's dependency on the ammonia currently imported from

abroad.

Pierroberto Folgiero, Chief Executive Officer of Maire Tecnimont Group

commented: "We are very pleased that Greenfield Nitrogen has chosen Maire

Tecnimont as their partner of choice for this exciting project. The combination

of co-developer, technology provider and EPC contractor makes Maire Tecnimont a

unique player in the green ammonia market, an area that will be vital to

industrialize the on-going energy transition through green hydrogen. Thanks to

Greenfield Nitrogen's experience and local presence we expect this first

project to pave the way for other green industrial initiatives to come."

Linda Thrasher, President, Greenfield Nitrogen, LLC commented: "This

partnership represents a collaboration of strengths. As a development partner,

Maire Tecnimont and its subsidiaries bring decades of expertise in successfully

designing and executing nitrogen projects as well as creating new technology,

including state-of-the-art zero-carbon facilities. Greenfield's development

expertise, operational experience, and market knowledge align well and position

both companies to play a critical role in meeting the world's decarbonization

goals."

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Source: Maire Tecnimont S.p.A.