Hintco and Fertiglobe sign landmark renewable ammonia supply contract
Hintco GmbH announces that it has formally signed a contract with Fertiglobe, the successful bidder in the first H2Global pilot auction for renewable ammonia. This landmark agreement marks a significant advancement in Europe’s renewable energy future, setting a precedent for future auctions under the H2Global framework.
Under the terms of the contract, Fertiglobe will begin producing renewable ammonia, with the first shipments scheduled for delivery to European ports in 2027. The contract, valued at up to EUR 397 million, will secure an initial supply of a potential 19,500 tons of renewable ammonia in 2027, with total deliveries expected to rise to ...