Maire Tecnimont Group (MT.MI) Reaches an Agreement With Greenfield Nitrogen LLC for the Development of a Green Ammonia Plant in the United States
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.
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