Abu Dhabi Chemicals Derivatives Company RSC TA’ZIZ has signed a shareholder agreement with Fertiglobe, GS Energy Corporation and Mitsui & Co, to develop an anticipated 1 million tons per annum low-carbon ammonia production facility at the TA’ZIZ Industrial Chemicals Zone. This is a further step in the project’s journey towards a final investment decision.The facility will reinforce Abu Dhabi’s position as a leader in low-carbon fuels and capitalize on the growing demand for low-carbon ammonia as a carrier fuel for clean hydrogen. The agreement builds on ADNOC’s deep experience in Carbon Capture, Utilization and Storage, Fertiglobe’s world-leading ammonia capabilities, and Mitsui and GS Energy’s leading roles in industrial decarbonization. It follows several agreements signed by ADNOC to explore hydrogen supply opportunities with customers in key demand centers including the Ministry of Economy, Trade and Industry of Japan, Japan’s Mitsui and Korea’s GS Energy.The shareholder agreement highlights the exceptional international investor interest in TA’ZIZ and follows ADNOC and Fertiglobe’s recent sales of low-carbon ammonia demonstration cargos to customers in Japan, Korea and Germany. Low-carbon ammonia is made from hydrogen derived from natural gas feedstocks and nitrogen, with the carbon dioxide produced captured and stored. Ammonia can be used as a low-carbon fuel for applications, including transportation and power generation and in industries, such as steel, cement and fertilizers. The project will benefit from the UAE’s position as a major producer and reserves holder of natural gas and leader in CCUS. The CCUS process uses advanced technology to prevent CO2 from entering the atmosphere after it is expended in industrial processes. ADNOC operates Al Reyadah, the region’s first industrial-scale CCUS facility, with an 800,000 tons per year of CO2 capture capacity.