Green Ammonia Production

CLIENT BUSINESS  MODEL

• Convert traditional ammonia plants into green plants  using hydrogen from renewable sources
• Capture zero-carbon chemicals
• Shipping fuel in form of ammonia

FINANCIAL CHARACTERISTICS

• High capital intensity
• Fair return on capital deployed
• High growth expected in shipping fuel

EQUITY STORY USP

• Players will rush to become market leaders and scale-up rapidly
• “Winners take all” kind of market

MARKET POTENTIAL

40 Mt of AMMONIA

Representing 8 Mt of Hydrogen