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.
The companies have also agreed to develop a second-generation bio-ethanol project based on the GranBio technology in NextChem’s portfolio. NextChem acquired exclusive worldwide rights to GranBio’s new 2G Ethanol technology in 2020, enabling NextChem to design and execute plants that produce second generation ethanol from non-food biomass, such as agricultural residues and leftovers from forestry.