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

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. 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 CO 2emissions per annum. The production of...

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."

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