Spanish engineering and procurement company, Técnicas Reunidas and Australian blue ammonia and methanol company, Allied Methanol have signed an agreement to develop an integrated methanol and blue ammonia production plant in Darwin, Australia.
The plant will enable carbon emissions to be reduced by half compared to traditional technologies.
The agreement states that Técnicas Reunidas will carry out the front end engineering design (FEED) of the plant. The development of the FEED, would put Técnicas Reunidas in a position to continue with the following phases of the project execution, including detailed engineering, equipment and materials procurement and construction management.
The project will involve an investment of US$800 million (€800 million) and is scheduled for commissioning in 2026.
