UEG and AlexFert Join Forces to Produce Green Ammonia from Green Hydrogen in Egypt
Key Ideas
- United Energy Group and Alexandria Fertilizers Company sign MoU to develop a project for producing green ammonia from green hydrogen, aiming to replace traditional fossil fuel-based methods with cleaner alternatives.
- UEG will set up the green hydrogen production project near AlexFert's facilities in Alexandria, contributing to Egypt's transition towards a low-carbon industrial future.
- The collaboration between the two companies aligns with Egypt's decarbonization goals and vision for sustainable energy solutions, enhancing the country's position in the global energy transition.
- The project signifies a significant step towards integrating clean energy solutions into Egypt's industrial sector, with the focus on producing ammonia using green hydrogen to promote sustainable production methods.
United Energy Group (UEG) has signed a Memorandum of Understanding (MoU) with Alexandria Fertilizers Company (AlexFert) in Egypt to collaborate on a project aimed at producing green ammonia from green hydrogen. This initiative will utilize renewable energy, thereby replacing traditional production methods dependent on fossil fuels with cleaner alternatives. UEG will be responsible for establishing the green hydrogen production project near AlexFert's existing facilities in Alexandria.
Both companies expressed enthusiasm for the partnership, emphasizing the significance of integrating green hydrogen into industrial frameworks to foster cleaner technologies and advance towards a low-carbon future. The collaboration not only underscores the commitment to sustainable energy solutions but also strengthens Egypt's role as an energy hub in line with decarbonization objectives and Egypt Vision 2030.
Alexandria Fertilizers Company (AlexFert), a subsidiary of Egypt Kuwait Holding Company (EKH), operates multiple plants in Alexandria dedicated to ammonia production. By embarking on this project, AlexFert aims to lead the adoption of more sustainable production methods in the Egyptian industrial sector. The partnership reflects a shared commitment to sustainable industrial innovation, with a focus on incorporating low-carbon and circular-design energy solutions.
Overall, the collaboration between UEG and AlexFert signals a significant step towards promoting green ammonia production from green hydrogen in Egypt, contributing to the country's efforts to embrace renewable energy, decarbonize industries, and enhance its global position in the energy transition.