Proman, headquartered in Wollerau, Switzerland, has entered into a Memorandum of Understanding (MoU) with Mitsubishi Corporation, based in Tokyo, to jointly explore the feasibility of constructing a world-scale ultra low-carbon ammonia facility in Lake Charles, Louisiana. This ambitious project envisions the production of approximately 1.2 million tons of clean ammonia annually, achieved through the integration of cutting-edge carbon capture and sequestration technology.

The proposed ultra low-carbon ammonia facility is planned to be situated on Proman's existing site in Lake Charles. This location is strategically adjacent to Proman's natural gas to methanol plant, which is currently in the development phase.

The official signing of the MoU between Proman and Mitsubishi Corporation took place at the Third International Conference on Fuel Ammonia (CFA), an event organized by Japan's Ministry of Economy, Trade and Industry. The ammonia generated at this future facility is slated to be primarily exported to Japan, where it will serve as a clean fuel. Japan's intention is to utilize this clean ammonia to curtail emissions emanating from coal-fired power plants, in alignment with its national strategy aimed at boosting domestic ammonia consumption to facilitate the realization of its decarbonization objectives.

This collaborative endeavor between Proman and Mitsubishi Corporation represents a significant step forward in the pursuit of environmentally sustainable and innovative ammonia production. The core aim of this project is to establish a world-scale ultra low-carbon ammonia facility, signaling a crucial commitment to reducing carbon emissions and promoting cleaner energy alternatives.

The envisioned facility is destined for Lake Charles, Louisiana, where Proman has an existing presence. This strategic location is further enhanced by its proximity to Proman's natural gas to methanol plant, which is currently in the developmental pipeline. This integration of ammonia production with carbon capture and sequestration technologies represents a noteworthy advancement in sustainable industry practices.

The formalization of the Memorandum of Understanding took place during the Third International Conference on Fuel Ammonia, an event hosted by Japan's Ministry of Economy, Trade and Industry. The decision to sign this agreement during a conference centered around fuel ammonia underscores the project's global significance in the context of cleaner energy solutions.

Ammonia, as a clean and low-carbon fuel, plays a pivotal role in addressing environmental concerns. This project not only signifies a remarkable effort in the reduction of carbon emissions but also contributes to the growing trend of incorporating ammonia as a fuel source with significantly lower environmental impacts. Japan's strategic vision to import clean ammonia for emission reduction purposes reflects the global recognition of the potential of ammonia as a clean energy alternative.