Fertilizer companies are leading the race to build plants along the Gulf of Mexico to produce ammonia, a compound mainly used for fertilizer, while capturing most of the carbon dioxide emissions, reports Reuters.
The companies have focused on the U.S. Gulf Coast to take advantage of Inflation Reduction Act subsidies and the existing export infrastructure.
In Louisiana, CF Industries, the world’s largest ammonia producer, has committed $285 million to enable existing plants in Louisiana and Mississippi to process carbon before transporting it for sequestration.
Also, Nutrien, a Canadian producer, is evaluating a site at Geismar, where it already has a facility, to produce 1.2 million metric tons of blue ammonia. It would partner with Denbury for carbon sequestration. Read the entire story.