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Released March 06, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Copenhagen Infrastructure Partners (CIP) (Copenhagen, Denmark) and Lotte Chemical Corporation (LOTTE) (Seoul, South Korea) have signed a memorandum of understanding to "discuss and finalize agreements for the supply, purchase, and sale of blue ammonia" to LOTTE from CIP's St. Charles Project in Louisiana.
The companies also agreed to begin discussions on the "development of and investment in low carbon ammonia projects on a global basis," according to a press release.
"Blue" facilities are designed to produce hydrogen, ammonia or other commodities with natural gas using carbon-capture and storage (CCS) technology, while "green" production utilizes electrolyzers powered by renewable energy sources.
CIP plans to build the proposed $4.6 grassroot blue ammonia plant at the site of International Matex Tank Terminals' (New Orleans, Louisiana) Saint Rose Petrochemical Terminal on the west bank of the Mississippi River in St. Charles Parish. The plant is designed to consist of two trains, each with a blue ammonia production capacity of 4,000 tons per day. The project is in the front-end engineering and design stage while permit applications are being prepared. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project and Plant databases can click here to read a detailed project report and here for a related plant profile.
Another ammonia project in Louisiana is in the final commissioning stage: CF Industries Holdings Incorporated's (NYSE:CF) (Deerfield, Illinois) $450 million green ammonia unit at its Donaldsonville, Louisiana, complex. The new unit will produce 20,000 tons per year of green ammonia from feedstock supplied by a new, $100 million green hydrogen unit addition, expected to wrap up in June. Subscribers can read detailed reports on the green ammonia and hydrogen projects and click here for a profile on the Donaldsonville complex.
CF recently acquired an ammonia plant in Louisiana and related assets. For more information, see Industrial Info's December 5, 2023, article - CF Industries Adds to Louisiana Efforts with Ammonia Facility Acquisition.
That's not the only recent development related to "blue" chemicals in Louisiana. The feedstock for a proposed methanol plant in Lake Charles was switched to natural gas from petcoke, which would make the methanol produced "blue." For more information, see February 20, 2024, article - Lake Charles Methanol II Switches Proposed Methanol Plant to Blue NatGas Feedstock.
Another ammonia-related project under construction in the U.S. is OCI NV's (Netherlands) Beaumont Blue Ammonia Unit Addition (Project Deep Blue) in Nederland, Texas. The project will add a 1.1 million-ton-per-year blue ammonia production unit along with carbon capture units. Completion is planned for the first quarter of 2025. Click here for the project report.
The production of "blue" and "green" hydrogen and ammonia in the U.S. is part of the environmental, social and governance (ESG)-related efforts in the U.S. chemical industry.
At Industrial Info's 2024 North American Industrial Market Outlook event in February, Trey Hamblet, IIR's vice president of research for Chemical Processing and Refining, said, although ESG projects in the chemical industry could be moved out to later years, "I think it's likely we'll get some 'blue' hydrogen this year." He was more pessimistic on "green" hydrogen, noting a possible lack of adequate renewable energy feedstock development and finding a "home" for green hydrogen end-products. For more information, see February 19, 2024, article - North American Chemical Processing Project Kickoffs Expected to Rise in 2024.
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article and here for a full list of related plant profiles.
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 over 200,000 current and future projects worth $17.8 Trillion (USD).
The companies also agreed to begin discussions on the "development of and investment in low carbon ammonia projects on a global basis," according to a press release.
"Blue" facilities are designed to produce hydrogen, ammonia or other commodities with natural gas using carbon-capture and storage (CCS) technology, while "green" production utilizes electrolyzers powered by renewable energy sources.
CIP plans to build the proposed $4.6 grassroot blue ammonia plant at the site of International Matex Tank Terminals' (New Orleans, Louisiana) Saint Rose Petrochemical Terminal on the west bank of the Mississippi River in St. Charles Parish. The plant is designed to consist of two trains, each with a blue ammonia production capacity of 4,000 tons per day. The project is in the front-end engineering and design stage while permit applications are being prepared. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project and Plant databases can click here to read a detailed project report and here for a related plant profile.
Another ammonia project in Louisiana is in the final commissioning stage: CF Industries Holdings Incorporated's (NYSE:CF) (Deerfield, Illinois) $450 million green ammonia unit at its Donaldsonville, Louisiana, complex. The new unit will produce 20,000 tons per year of green ammonia from feedstock supplied by a new, $100 million green hydrogen unit addition, expected to wrap up in June. Subscribers can read detailed reports on the green ammonia and hydrogen projects and click here for a profile on the Donaldsonville complex.
CF recently acquired an ammonia plant in Louisiana and related assets. For more information, see Industrial Info's December 5, 2023, article - CF Industries Adds to Louisiana Efforts with Ammonia Facility Acquisition.
That's not the only recent development related to "blue" chemicals in Louisiana. The feedstock for a proposed methanol plant in Lake Charles was switched to natural gas from petcoke, which would make the methanol produced "blue." For more information, see February 20, 2024, article - Lake Charles Methanol II Switches Proposed Methanol Plant to Blue NatGas Feedstock.
Another ammonia-related project under construction in the U.S. is OCI NV's (Netherlands) Beaumont Blue Ammonia Unit Addition (Project Deep Blue) in Nederland, Texas. The project will add a 1.1 million-ton-per-year blue ammonia production unit along with carbon capture units. Completion is planned for the first quarter of 2025. Click here for the project report.
The production of "blue" and "green" hydrogen and ammonia in the U.S. is part of the environmental, social and governance (ESG)-related efforts in the U.S. chemical industry.
At Industrial Info's 2024 North American Industrial Market Outlook event in February, Trey Hamblet, IIR's vice president of research for Chemical Processing and Refining, said, although ESG projects in the chemical industry could be moved out to later years, "I think it's likely we'll get some 'blue' hydrogen this year." He was more pessimistic on "green" hydrogen, noting a possible lack of adequate renewable energy feedstock development and finding a "home" for green hydrogen end-products. For more information, see February 19, 2024, article - North American Chemical Processing Project Kickoffs Expected to Rise in 2024.
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article and here for a full list of related plant profiles.
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 over 200,000 current and future projects worth $17.8 Trillion (USD).
