Port of Açu Operações (Port of Açu) and YamnaCo Ltd (Yamna) have signed a land reservation agreement in the new hub for low-carbon hydrogen and its derivatives in the port industrial complex of Port of Açu to develop a green ammonia project.
Port of Açu is reserving two million square metres for green hydrogen projects. The new area adds to the 1 million square metres already licensed at the port.
Privately owned by Prumo Logística and Port of Antwerp-Bruges International, Port of Açu is one of Brazil’s major oil and gas export facilities handling 40 per cent of the country’s oil exports.
The port is also active in the mining and port logistics sector. Currently, it is advancing its energy transition by developing an integrated platform for the low-carbon economy.
Yamna plans that the new plant will have a production capacity of up to one million tonnes per year (1MTPA). It expects to reach the final investment decision by 2027 and start producing its first green molecules in 2030.
The project is the first by Yamna in Brazil. Brazil, with its immense renewable energy capacity and strategic location for export, reportedly offers a significant opportunity to scale green ammonia production to meet growing global demand.
“We are thrilled to welcome Yamna to Port of Açu for their first green ammonia project in Brazil and look forward to working closely with Yamna to ensure the success of this initiative, which will further position the port as a leader in green hydrogen and ammonia production,” said Mauro Andrade Executive Director of Business Development at Prumo.
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Eugenio Figueiredo, CEO of Port of Açu, further stated: “Porto do Açu offers one of the best infrastructures in the country to sustainably support the decarbonisation of the industry, with deep draft, available land with direct access to the quay, and a service cluster bringing together multiple suppliers for port and maritime support.
“This partnership highlights Açu’s strategic role as a hub for sustainable energy solutions and reflects our commitment to fostering innovative projects that contribute to the global energy transition.”