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1 minute read

INEOS and Hanwha partner on blue ammonia project in the US

South Korea’s Hanwha and global chemical company INEOS have agreed to collaborate on a blue ammonia production facility in the United States.

The partners expect the project to have a capacity of more than 1 million metric tons per year and to sequester CO2 emissions from the facility.

The heads of terms agreement will allow the companies to determine the feasibility of a blue ammonia plant in the United States. The location of the plant has not yet been determined.

The companies aim to make a final investment decision in 2026 and begin operations in 2030.

If developed, the project will contribute to INEOS’ 2030 carbon reduction target and its 2050 net-zero ambition.

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