The company "Vertiglob" plans to invest more than a billion dollars in the production of pure ammonia on the condition of concluding contracts for its purchase in Asia.
According to the words of the chairman of the company's management, this investment is part of their strategy for creating large-scale ammonia production from renewable energy sources. He noted that this approach allows for a reduction in greenhouse gas emissions and makes production more efficient.
"We see a great demand for pure ammonia in the Asia region and are ready to offer our product at a competitive price. Our goal is to become leaders in this growing market," the head of the company noted.
Ammonia production is an important link in the production of fertilizers, and is also used in various industries, including chemical and food industries. Transitioning to pure ammonia will reduce the negative impact of production on the surrounding environment and make production more competitive in the international market.
"Our company is ready to make a significant investment in the development of pure ammonia production, and we hope for successful cooperation with partners from Asia," the head of "Vertiglob" emphasized.
