TA’ZIZ progresses with low-carbon ammonia shareholder agreement

TA’ZIZ progresses with low-carbon ammonia shareholder agreement

- Development to capitalize on emerging global demand for low-carbon ammonia reinforcing the UAE’s position as a responsible and reliable provider of low-carbon fuels

- Builds on ADNOC’s low-carbon fuels leadership and extensive experience in carbon capture and storage and partners’ position as early-movers in low-carbon ammonia

Abu Dhabi, UAE – Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) announced today the signing of a shareholder agreement with Fertiglobe, GS Energy Corporation (GS Energy) and Mitsui & Co., Ltd. (Mitsui), to develop an anticipated 1 million tons per annum low-carbon ammonia production facility at the TA’ZIZ Industrial Chemicals Zone. This is a further step in the project’s journey towards a final investment decision (FID).

The facility will reinforce Abu Dhabi’s position as a leader in low-carbon fuels and capitalize on the growing demand for low-carbon ammonia as a carrier fuel for clean hydrogen. The agreement builds on ADNOC’s deep experience in Carbon Capture, Utilization and Storage (CCUS), Fertiglobe’s world-leading ammonia capabilities, and Mitsui and GS Energy’s leading roles in industrial decarbonization. It follows several agreements signed by ADNOC to explore hydrogen supply opportunities with customers in key demand centers including the Ministry of Economy, Trade and Industry of Japan, Japan’s Mitsui and Korea’s