Latin America Sets Sites as Global Producer of Green Ammonia

Latin America Sets Sites as Global Producer of Green Ammonia

Latin America Sets Sites as Global Producer of Green Ammonia

CORDOBA, ARGENTINA--January 30, 2024--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.

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