We are celebrating a pioneering agreement that will accelerate the #energytransition and #decarbonization at Porto do Açu. On #PrumoDay 2024, our CEO, Rogério Zampronha, announced that Porto do Açu, a subsidiary of Prumo Logística, and the Norwegian company Fuella signed the first area reservation contract for the newly licensed low-carbon hydrogen and derivatives hub at the port complex.
Additionally, Prumo, Porto do Açu, and Fuella signed a Memorandum of Understanding (MoU) for developing a green ammonia plant of up to 520 MW, based on water electrolysis, with a production capacity of 400,000 tons per year, starting in 2030.
“This plant will contribute to global efforts to reduce carbon emissions and promote sustainable energy. We have a prepared ecosystem and competitive advantages for the production of green hydrogen and ammonia, both for export and to supply the Brazilian market,” says Mauro Andrade, Executive Director of Business Development at Prumo.
“This is a landmark agreement for us, in expanding our portfolio of projects internationally, to highly competitive and attractive regions. We believe that Porto do Açu is a fantastic location and partner for us. The winning factors for us were not only the site and the infrastructure in place, but also the dedication, competence, and support of the team,” comments Dr. Thorsten Helms, Managing Director Business & Corporate Development at Fuella.
Fuella AS is backed by Allianz Capital Partners, on behalf of Allianz insurance companies, as main investor, one of the world’s leading insurers and investors.
The contract and MoU were executed with the support of Port of Antwerp-Bruges International, a strategic partner of Porto do Açu, with the aim of establishing Açu as a new export corridor for green ammonia from Brazil to Europe.