Allentown–based Air Products and two business partners recently signed a $5 billion agreement to build a green hydrogen-based ammonia production facility powered by renewable energy in Saudi Arabia.
Air Products is a world-leading industrial gases company. Its partners are ACWA Power, a developer, investor and operator of power generation and desalinated water production plants and NEOM, a living laboratory.
“We are honored and proud to partner with ACWA Power and NEOM and use proven technologies to make the world’s dream of 100 percent green energy a reality,” Seifi Ghasemi, Air Products chairman, president and CEO, said. “Harnessing the unique profile of NEOM’s sun and wind to convert water to hydrogen, this project will yield a totally clean source of energy on a massive scale and will save the world over three million tons of CO2 emissions annually and eliminate smog-forming emissions and other pollutants from the equivalent of over 700,000 cars.”
The facility will use more than four gigawatts of renewable power to produce 650 tons of hydrogen daily, 1.2 million tons of green ammonia annually, while also producing nitrogen using air separation technology.
Air Products will transport the green ammonia to facilities that produce green hydrogen for the transportation market.
The project is expected to be completed in 2025.