SABIC AN secures an agreement with Atmonia for application of its technology for sustainable ammonia production in several Middle Eastern countries

SABIC AN secures an agreement with Atmonia for application of its technology for sustainable ammonia production in several Middle Eastern countries

RIYADH, Saudi Arabia and REYKJAVIK, Iceland /PRNewswire/ -- Mr. Munif-Al, Munif, General Manager T&I at SABIC AN commented "This agreement demonstrates SABIC AN´s confidence in Atmonia´s ability to reach its development goals and launch the product. SABIC AN is fully committed towards the climate change challenge by production of sustainable fertilizer in the future, but today 1-2% of the global anthropogenic carbon emissions are from ammonia production. Furthermore, sustainably produced ammonia represents a promising carbon free energy carrier, or eFuel, with the potential to avoid up to additional 3% of anthropogenic emissions due to shipping emissions. Application of ammonia in aviation and for electrical grids are receiving increasing attention and interest. Application of sustainable ammonia as fertilizer and fuel are key steps to achieve a carbon neutral future."

Guðbjörg Rist, CEO of Atmonia elaborated, "In addressing this issue, we are developing catalysts for nitrogen electrolysers, that will enable production of ammonia in a single-step process, using only water, nitrogen from air, and clean electricity. The capital cost for that infrastructure is very low compared to current technology, allowing for low ammonia production costs, provided low prices of sustainable electricity (e.g. from fit-to-purpose solar farms). The production process we are developing occurs