The plant will be the first project by Yamna in Brazil and will have a production capacity of up to 1MTPA
Port of Açu Operações (“Port of Açu”) and YamnaCo Ltd (“Yamna”) have signed a land reservation agreement in the new hub for low-carbon hydrogen and its derivatives in the port industrial complex of Port of Açu in the northeast of Rio de Janeiro State to develop a green ammonia project. Port of Açu is reserving two million square meters for green hydrogen projects. The new area adds to the 1 million square meters already licensed at the port.
Privately owned by Prumo Logística and Port of Antwerp-Bruges International, Port of Açu is one of Brazil’s major oil and gas export facilities handling 40% of the country’s oil exports. The port is also active in the mining and port logistics sector. Currently, it is advancing its energy transition by developing an integrated platform for the low-carbon economy. Yamna plans that the new plant will have a production capacity of up to one million tons per year (1MTPA). It expects to reach the final investment decision by 2027 and start producing its first green molecules in 2030.
The project is the first by Yamna in Brazil and aligns well with the company’s strategy of developing large-scale export green ammonia projects in the world’s most attractive locations. Brazil, with its immense renewable energy capacity and strategic location for export, offers a significant opportunity to scale green ammonia production to meet growing global demand. Port of Açu, as a leading industrial port and energy hub, provides the ideal infrastructure and logistics for this endeavor, further strengthening Yamna’s position as a global leader in the green ammonia market.
Photo of Yamna: from the left: Abdelmajid Sbihi (Business Development Director at Yamna), Mauro Andrade (Executive Director of Business Development at Prumo), Gal Bogin (Chief Development Officer at Yamna), Marcus Ricchezza (Senior Business Development Manager at Prumo), Pedro Garcia (Chief Technology Officer at Yamna).
Press release https://tinyurl.com/7abpjspt
