Maire Tecnimont Group’s subsidiaries NextChem and MET Development have reached an agreement with FerSam Uruguay S.A. (FerSam), part of FerSam Group, to develop projects for the production of green ammonia and bio-ethanol in Latin America.
Under the agreement, Maire Tecnimont Group’s subsidiaries and FerSam will undertake feasibility studies for two projects. The first is to evaluate and assess the possibility of jointly producing green ammonia. Ammonia is a globally important commodity used in fertilizer and has potential use as a fuel and energy carrier. The production of green ammonia from renewable energy sources contributes to the reduction of carbon emissions.