Marubeni signs a long-term offtake agreement for green ammonia produced in Inner Mongolia, China

Marubeni has signed a long-term offtake agreement with global green technology company Envision Energy Co., Ltd. for ammonia produced from renewable energy in Inner Mongolia, China, as per Hydrocarbonprocessing. Marubeni will offtake a certain volume of green ammonia produced at a plant on a long-term basis and supply it to clients. This project marks the Marubeni Group’s first long-term offtake agreement for green ammonia. Through this agreement, Marubeni aims to establish its position as a key supplier in the green ammonia market by through the sales and marketing activities. Green ammonia, which does not emit CO2 during its production process, is expected to contribute to various industries as a chemical and fertilizer feedstock and as an energy source suitable for decarbonization. Envision, a world-leading company in green technology, plans to begin trial production of green ammonia with wind-generated electricity that was produced in Chifeng City, Inner Mongolia, in 2024. The ...