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A 1.1 million ton per annum blue ammonia project in Beaumont, Texas, based on KBR technology.
The project achieved FID in Q1 2022, and it targets production for Q1 2025.
The project has been awarded to Maire Tecnimont on an Engineering & Procurement basis.
Capital expenditure is expected to be within OCI’s guidance of up to $450m growth capex.
Utilities and available land have been sized to allow for doubling of the capacity by adding an additional 1.1 million ton per annum blue ammonia line in the future.
At the facility OCI will buy clean hydrogen and nitrogen over the fence from Linde, and Linde, in turn, will capture and sequester CO2 via an agreement with ExxonMobil.
As of March 2024, OCI Global was working with Morgan Stanley to explore a sale of the project.