Yara Inks Long-Term Deal for Green Ammonia From Acme Oman Plant

Europe’s largest fertilizer maker, Yara International ASA, agreed to buy ammonia made using solar power from India’s ACME Group.

The deal covers 100,000 tons a year in what may be the world’s first arm’s length contract for renewable ammonia on such a scale, the companies said in a statement. Acme will supply the commodity from the first phase of its Oman manufacturing project with an expected start date of 2027.

“The renewable ammonia from Oman will be part of our scalable distribution system, developing a reliable, safe, and cost-efficient supply chain for low emission ammonia across different market ...