Trammo Inc.
Trammo Inc.
20/05/2024 | Press release | Archived content
Trammo and Allied Green Ammonia Sign MOU for the Offtake of up to 100% of Green Ammonia Produced at AGA’s Australian Facility
Rue Balzac, Paris
May 20, 2024
Trammo, the world's leading independent ammonia trader, announced the signing of a memorandum of understanding (MOU) between Trammo SAS, its French subsidiary, and Allied Green Ammonia Pty Ltd(AGA), an Australian company developing a facility expected to produce approximately 950,000 tons per annum of green ammonia.
Under the MOU, Trammo would purchase up to 100% of the green ammonia produced by AGA in its facility located in the Northern Territory of Australia.
Trammo plans to supply ammonia to its customers worldwide using its specialized fleet of refrigerated vessels. The first sales from AGA are expected to occur in the fourth quarter of 2028.
AGA will operate a 2,700 metric tonne-per-day green ammonia process at its production facility in Nhulunbuy, Grove Peninsula. The facility will harness abundant renewable energy resources and world-leading energy infrastructure to offer a strategic supply of sustainably produced, green ammonia to its trading partner Trammo.
The AGA facility will be one of the largest of its kind globally. Green hydrogen produced onsite will help decarbonize the ammonia production process and provide a reliable and secure supply of green ammonia while playing a meaningful role in avoiding an estimated 1.8 million tons of global carbon emissions annually.
Trammo SAS President Christophe Savi said: "We are delighted to sign this MOU and partner with AGA. Both companies aim to develop clean and decarbonized solutions for global consumers, and this MOU is consistent with Trammo's active role in the transition to decarbonizing the ammonia industry by helping to make available in the market significant volumes of green ammonia by 2030."
AGA Founder & Managing Director Alfred Benedict said: "Allied Green Ammonia is excited to announce the execution of this MOU with Trammo, marking a significant collaboration with one of the foremost global entities in the sector. This partnership represents a pivotal achievement in the advancement of AGA's green ammonia project, which is poised to become a leading green ammonia production site globally. The collaboration between AGA and Trammo is a foundational move, affirming our joint dedication to spearheading clean energy initiatives and contributing to the global effort towards a net-zero future."
About Trammo
Trammo is a leading international merchandising and trading company that markets, trades, transports and distributes key raw materials used in industrial processes and fertilizer production globally. The company is a market leader in anhydrous ammonia, sulfur, sulfuric acid, and petroleum coke, with niche positions in finished fertilizers and nitric acid. The history of Trammo spans almost 60 years.
Since 1965, Trammo has supported the growth of world trade as a reliable, independent, and global strategic partner, assuring the uninterrupted flow of key commodities through our logistical expertise and experience. Trammo responsibly sources these commodities, moving them from where they are produced to where they are needed.
Trammo seeks to maximize value for its business partners by anticipating supply and demand across the entire supply chain. Trammo's focus on marketing and logistics allows it to deliver in-depth knowledge of physical market supply and demand dynamics and logistics, as well as the ability to rapidly adjust to market conditions.
For more information, visit www.trammo.com.About AGA
AGA is an Australian based company with deep and proven in-house experience in building green ammonia capacity and other clean energy projects globally. AGA is partnering with the world's leading technology and materials providers to design, develop, construct and operate one of the world's largest and most efficient green ammonia production facilities.
AGA is positioning itself as a global industry leader in clean energy infrastructure and is rapidly advancing the development of its flagship green ammonia plant at Gove in Australia's Northern Territory, which is planned to operate with the lowest levelized cost of green ammonia production in Australia.
AGA deeply values the substantial support of, and its relationships with, its industry partners, the Northern Territory and Australian Governments and our local indigenous peoples, represented by the Gumatj Corporation, as we deliver a critical piece of infrastructure that is expected to generate thousands of local jobs, avoid the release of millions of tonnes of carbon dioxide into the atmosphere and provide global industry with sustainable, clean and affordable fuels.
For more information, visit www.alliedgreen.com.au.
Allied Green Ammonia Media Contact
Mohsin Malik
Corporate Executive