Fertiglobe is a 58-42 partnership between OCI and ADNOC
The Abu Dhabi National Oil Company (ADNOC) recently announced today that, in partnership with Fertiglobe, it has sold its first cargo of blue ammonia to Itochu in Japan, for use in fertilizer production.
Fertiglobe, a 58-42 partnership between OCI and ADNOC, will produce blue ammonia at its Fertil plant in the Ruwais Industrial Complex in Abu Dhabi for delivery to ADNOC’s customers in Japan.
“We look forward to furthering our legacy as one of the world’s least carbon intensive hydrocarbon producers and supporting industrial decarbonization with a competitive low-carbon product portfolio,” affirmed HE Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO.
By collaborating with ADNOC and Fertiglobe, we expect to initiate and enhance our industrial portfolio in the fertilizer sector while achieving our commitments towards decarbonization activities in other industries,” remarked Masaya Tanaka, Executive Officer, Itochu Corporation.
“This project shows that Fertiglobe is on track to become a global leader in low-carbon solutions, leveraging its globally leading position in ammonia,” noted Nassef Sawiris, Executive Chairman, OCI and CEO, Fertiglobe.
Fertiglobe is the world’s largest seaborne exporter of nitrogen fertilizers, and its Fertil plant is one of the largest regional fertilizer producers with annual production capacity of 1.2mn metric tons of ammonia and 2.1 n metric tons of urea.
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