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  4. BASF and Yara end joint project for low-carbon ammonia

BASF and Yara end joint project for low-carbon ammonia

Published by , Deputy Editor
World Fertilizer,

BASF and Yara International ASA have jointly decided to discontinue their project to develop a low-carbon ammonia production facility with carbon capture and storage in the US Gulf Coast region.

This decision reflects the companies’ commitment to focus on initiatives with the highest potential to achieve their respective value creation goals. Yara will continue its ammonia strategy as previously communicated, evaluating and maturing equity investment opportunities in US ammonia to determine the optimal project portfolio.

BASF and Yara are long-standing collaboration partners and continue to jointly operate a world scale ammonia plant at BASF’s site in Freeport, Texas. Additionally, BASF produces ammonia in Ludwigshafen, Germany, and Antwerp, Belgium. Yara operates one of the world’s largest ammonia system with production facilities in Europe, the Americas and Asia.

Read the article online at: https://www.worldfertilizer.com/environment/28082025/basf-and-yara-end-joint-project-for-low-carbon-ammonia/

 
 

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Ammonia news