Le Lézard
Classified in: Environment, Science and technology, Business
Subject: CON

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

MILAN, Sept. 28, 2021 /CNW/ -- 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.

Maire Tecnimont Logo

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."

Logo - https://mma.prnewswire.com/media/1322292/Maire_Tecnimont_Logo.jpg  

SOURCE Maire Tecnimont S.p.A.

These press releases may also interest you

at 09:58
Wilson Sporting Goods, the world's leading manufacturer of high-performance sports equipment, today announces the grand opening of its first flagship store in New York City. Located in the heart of SoHo, the Wilson NYC Flagship opens with a...

at 09:53
Red Bull Racing is delighted to announce a new, exclusive partnership with leading global online gambling and entertainment brand PokerStars.net ahead of the 2022 Formula One season....

at 09:46
Fountain, the world's leading applicant tracking system (ATS) for high volume hiring, today announced the hiring of Joyce Chan as Chief Operating Officer and Matt Tucker as Chief Technology Officer. Tucker joins Fountain as part of a larger...

at 09:40
E Split Corp. (the "Fund") is pleased to announce that a distribution for January 2022 will be payable to Class A shareholders of E Split Corp. as follows: Record DatePayable DateDistribution Per Equity ShareJanuary 31, 2022February 15, 2022$0.13...

at 09:35
Real Estate Split Corp. (the "Fund"), formerly Real Estate & E-Commerce Split Corp., is pleased to announce that a distribution for January 2022 will be payable to Class A shareholders of Real Estate Split Corp. as follows: Record Date Payable...

at 09:34
Graystone Company, Inc. , is pleased to announce that is has filed its 1-K with the United States Securities and Exchange Commission which contain its audited financials for the fiscal year ending November 30, 2021.  During the fiscal year ending...

News published on 28 september 2021 at 11:57 and distributed by: