Mitsui & Co. Invests in Major Low-Carbon Ammonia Project in the US

Mitsui & Co ( (JP:8031) ) has provided an update.

Mitsui & Co., Ltd. has announced its final investment decision to participate in the Blue Point low-carbon ammonia production project in Louisiana, USA, alongside CF Industries and JERA Co., Inc. The project, which will be one of the world’s largest low-carbon ammonia facilities, aims to produce approximately 1.4 million tons of low-carbon ammonia annually by 2029, utilizing carbon capture and sequestration to significantly reduce CO2 emissions. This initiative aligns with Mitsui’s strategic focus on energy transition and aims to supply low-carbon ammonia to Europe, Asia, and other regions, contributing to reduced greenhouse gas emissions in various industries.

More about Mitsui & Co

Mitsui & Co., Ltd. is a diversified company based in Tokyo, Japan, with operations spanning various industries, including chemicals and energy. The company is involved in ammonia trading and production, as well as natural gas, LNG, and fuel supply. Mitsui is focusing on global energy transition as part of its strategic initiatives.

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