A new long-term agreement between the two parties will see Atlas Agro supply low-carbon fertiliser to Tereos from its production site, the Uberaba Green Fertiliser plant. Tereos aims to decarbonise the fertiliser supply for its over 300,000 hectares of sugarcane production in Brazil.
The Industrial Transitions Accelerator has chosen Brazil as the first country partner in its “Project Support Programme”. Four renewable hydrogen, ammonia, fertilizer and methanol projects have been selected to receive support in advancing towards FID. Also in Brazil, developers Fuella and Yamna have launched renewable ammonia production projects in the Ports of Pecém and Açu.
Atlas Agro and International Raw Materials have signed a binding offtake agreement for fertilizer to be produced at Atlas Agro’s under-development plant in Richland, Washington state.
A $325 million investment from Macquarie Asset Management will support Atlas Agro’s new Pacific Green Fertilizer Plant in Washington state, USA. FID on the plant is due early next year, which will produce 700,000 tonnes of zero-carbon nitrate fertiliser each year.
In India, ACME Group has secured two loans from REC Limited: $500 million to fully finance the first phase of the ACME’s Duqm renewable ammonia project, and $2.5 billion to support the first phases of ACME’s “round the clock” renewable power projects in Odisha and Tail Nadu.
KBR has been selected as technology provider for two future production projects in Texas and Washington state. At the Port of Galveston, Texas Green Fuels has begun pre-FEED work and sourcing renewable electricity for its fuels export complex. And in Nova Scotia, Bear Head Energy has received environmental approval to proceed with its 2 million tonnes per year production project near Point Tupper.