Latin America Sets Sites as Global Producer of Green Ammonia

Researched by Industrial Info Resources (Sugar Land, Texas)--Green ammonia could meet more than 50% of the demand for fuel used in cargo transportation worldwide. Its production costs, similar to those of low-sulfur fuels, make it a viable option for decarbonizing international transport by 2050. As a result, green ammonia is one of the best alternative fuels to be used to achieve zero decarbonization.

Latin America is among the leading potential producers, mainly due to the large number of projects for the construction of plants that generate green ammonia derived from green hydrogen.

Industrial Info is tracking 34 projects in Latin America for the construction of green ammonia plants that represent more than US$27 billion in investments. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports.

The main producers would be Brazil, where about 90% of the potential investment is located, followed by Chile, with about US$2.3 billion destined to green ammonia units, followed by Mexico, Argentina and Paraguay.

One of the largest projects is Proton Ventures BV's (Netherlands) venture in Ceara, Brazil, which has an investment value of $9,855 billion reais (US$2.2 billion). Subscribers can click here for the project report and click here for the plant profile.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).