(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant.
The port complex is expanding its hydrogen and derivatives hub, which already has a licensed area of one million square meters. With the new partnership, an additional two million square meters will be reserved for the development of new sustainable projects, further consolidating Port of Açu’s strategic position in the low-carbon chain.
Yamna expects the new ammonia plant to have a production capacity of up to one million tons per year (1MTPA). The final investment decision is expected in 2027, with production of the first green molecules expected to begin in 2030.
“We are excited to welcome Yamna to the Port of Açu for its first green ammonia project in Brazil and look forward to working closely to ensure the success of this initiative, which will further position Açu as a leader in the production of hydrogen and green ammonia,” said Mauro Andrade, Executive Director of Business Development at Prumo Logística.
The largest private port in Brazil, controlled by Prumo Logística and the Port of Antwerp-Bruges International, the Port of Açu is responsible for 40% of the country’s oil exports. Açu is also active in the mining and logistics sectors. The port-industry complex is currently advancing the energy transition by developing an integrated platform for the low-carbon economy.
Yamna’s first project in Brazil is in line with its strategy of developing large-scale green ammonia projects in the most attractive locations globally. Brazil, with its immense renewable energy production capacity, availability of critical raw materials, growing domestic demand for low-carbon fuels and fertilizers, and strategic location for export, offers a great opportunity to scale up green ammonia production and meet growing global demand. As an industrial leader and energy hub, the Port of Açu provides the ideal infrastructure and logistics, further strengthening Yamna’s position as a global leader in the green ammonia market.
“The process of signing the land reservation agreement was very collaborative and efficient, and we are confident that this strong cooperation will continue in the next phases of the project, paving the way for a successful final investment decision. We would also like to extend our gratitude to the Port of Antwerp-Bruges International for their invaluable contribution to achieving this important milestone. At Yamna, we hope to play a key role in the success of this project, leveraging our expertise in hydrogen and green ammonia,” said Abdelaziz Yatribi, CEO of Yamna.
For the CEO of the Port of Açu, Eugenio Figueiredo, the Brazilian port offers one of the best infrastructures in the country to sustainably support the decarbonization of the industry with deep draft, available land with direct access to the quay and a service cluster that brings together multiple port and maritime support providers. “This partnership highlights the strategic role of Açu as a hub for sustainable energy solutions and reflects our commitment to innovative projects that contribute to the global energy transition,” added the executive.
“Our partnership with the Port of Açu is invaluable in becoming a carbon neutral port by 2050. We see Açu as a key project for the establishment of a green corridor, producing and exporting green molecules from Brazil to Belgium. Yamna’s presence at the Port of Açu reinforces the strength of this initiative, exemplifying the type of pioneering collaboration needed to drive the global energy transition. Together, we are proud to be leaders in the global energy transition,” concluded Kristof Waterschoot, CEO of the Port of Antwerp-Bruges International.
About Yamna – Yamna is a specialist green hydrogen and derivatives company led by energy industry experts. The company’s goal is to produce green molecules at scale to replace existing or future fossil fuel-based solutions and contribute to reducing global greenhouse gas emissions. Yamna is focused on large-scale green hydrogen and derivatives projects in the most competitive global locations, positioning itself as a pioneer. The company is backed by HYCAP, a UK net zero asset manager dedicated to investing in sustainable and clean energy solutions.
About the Port of Açu – Located in the northern region of Rio de Janeiro, the Port of Açu is the largest private deep-water port-industrial complex in Latin America. In operation since 2014, it is managed by Porto do Açu Operações, a partnership between Prumo Logística, controlled by EIG, and the Port of Antwerp-Bruges International. In total, there are 22 companies already installed, including clients and partners, several of which are world-class companies. With consolidated and expanding mining, oil and natural gas activities, Açu seeks to accelerate industrialization with a focus on low-carbon projects, being recognized as the energy transition port in the country.
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