First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer
First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer - Offshore Energy
First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer
SABIC Agri-Nutrients, a petrochemical company from Saudi Arabia, in collaboration with energy company Aramco, has sent the first commercial shipment of low-carbon ammonia to Taiwan Fertilizer Company.
On its social media, SABIC said the shipment reflects its commitment to delivering low-carbon solutions to its customers and helping them achieve their net-zero targets in various areas, including clean energy transitions and low-carbon chemicals and fertilizer solutions.
In April this year, Aramco announced that a shipment of low-carbon ammonia has arrived in Japan for use as fuel in power generation. More specifically, it was transported to the Fuji Oil company’s Sodegaura Refinery for use in co-fired power generation.
The shipment is the result of a multiparty collaboration across the low-carbon ammonia value chain, with the ammonia produced by SABIC Agri-Nutrients.
At the time, Aramco said the low-carbon ammonia that reached Japan is part of broader efforts by Aramco and SABIC to establish a global supply network for the fuel, adding that the two companies aim to supply low-carbon ammonia to other players to meet their early demand needs.
in 2022, Aramco and SABIC received the world’s first independent accreditation for low-carbon hydrogen and ammonia products, and by the end of the year, the two delivered the world’s first accredited low-carbon ammonia shipment to South Korea.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”