Mitsui, Fertiglobe, GS Energy Corp., and TA’ZIZ have agreed to commence construction on their blue ammonia project in Al Ruwais, United Arab Emirates (UAE). In addition, Japan-based Mitsui has signed a loan agreement with the Japan Bank for International Cooperation to finance the development of the project.
The project was originally announced in 2021 (GM May 28, 2021) and is set to produce 1 million mt/y of ammonia by capturing and storing CO2 emitted in the manufacturing process. Initial production is set to begin in 2027 with plans to begin production of clean ammonia by 2030.
Mitsui will offtake some of the ammonia volume for supplying Japan and other Asian markets. Mitsui has said it will use the ammonia in fuel applications and chemical fertilizer feedstock applications. Mitsui joined the project in 2021 (GM Nov. 19, 2021) and Tecnimont was named as the EPC for the project last year (GM Feb. 17, 2023).