With an initial investment of $120m, Unigel says the plant should be operational by the end of 2023, initially acquiring three electrolysers from the German firm, thyssenkrupp nucera, with a combined capacity of 60MW.

Set to located in the Camaçari Industrial Complex, the plant in its first phase is planned to have an initial production capacity of 10,000 tonnes of green hydrogen and 60,000 tonnes of green ammonia annually.

In its second phase, Unigel says the project should go into operation by 2025, with the company expecting to quadruple the production of green hydrogen and ammonia to 40,000 tonnes and 240,000 tonnes respectively.

Henri Slezynger, founder and Chairman of the Board of Directors of Unigel, said, “Throughout our nearly 60-year history, we have developed technologies and invested to meet industrial and agribusiness demands.

“With this project, Unigel takes another important step towards the decarbonisation of various sectors, contributing substantially to combating climate change on the planet.”

Roberto Noronha Santos, CEO of Unigel, added, “Unigel is focused on investments that allow the decarbonisation of its operations and also contributing with solutions for the industry.

“Given the potential of Brazil in the generation of wind and solar energy, Unigel believes that the country has a great opportunity to be a reference for the world in green hydrogen, a solution that brings versatility by transforming renewable energy into zero carbon raw materials and fuels. ”

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