New York, NY / Boston, MA
October 17, 2022
Trammo, Inc. and ReMo Energy, Inc. recently signed a Memorandum of Understanding for Trammo to purchase green ammonia from ReMo’s forthcoming green ammonia production plant, which could be the first of its scale in the United States.
ReMo will develop a green hydrogen-based ammonia facility at Trammo’s existing anhydrous ammonia terminal in Meredosia, Illinois, and Trammo will be the facility’s exclusive offtaker. “Low-cost renewable energy has changed the game for commodities production. To take advantage of this new energy resource, ReMo has re-engineered how ammonia plants will be designed, manufactured and operated. For the first time, cost-competitive local production of green ammonia is now practical,” said Guido Radaelli, CTO of ReMo Energy.
Trammo, the world's leading independent ammonia trader, distributor and transporter, with more than 57 years of experience in ammonia marketing and logistics, will market and distribute the green ammonia. “This project is perfectly in line with our strategy to quickly develop access to green ammonia for our customers,” commented Christophe Savi, Trammo’s Global Ammonia Product Manager.
The parties expect that the new facility will produce approximately 16,000 short tons of anhydrous ammonia per year. Based on the current projected start-up timing, with commercial operations anticipated to commence in 2024, the facility would be the first green ammonia production location to be commissioned at commercial scale in the United States.
Jeffrey D. Minnis, Trammo’s President of North America Trading, said: “As the world’s leading independent marketer of anhydrous ammonia, Trammo maintains a unique position in the transportation and distribution of ammonia. In this role we are dedicated to being at the forefront of the transition to a low-carbon future and facilitating ammonia’s direct role in that development. Our participation in this project represents a meaningful and practical step in that direction. We are pleased to be working with ReMo Energy and its highly skilled team to bring green ammonia to our customers in the U.S. Midwest.”
Scott Rackey, CEO of Remo, said: “We are delighted that Trammo has chosen ReMo for this effort. Trammo’s decades of experience, vast infrastructure and global presence make them an ideal partner to build the green ammonia industry.”
About Trammo Trammo is a leading international merchandising and trading company that markets, trades, transports and distributes key raw materials used in industrial processes and fertilizer production globally. The company is a market leader in anhydrous ammonia, sulfur, sulfuric acid, and petroleum coke. In addition, Trammo is a producer and marketer of nitric acid in the United States. The history of Trammo spans more than 57 years.
For more information, visit: https://www.trammo.com
About ReMo Energy ReMo Energy’s mission is to decarbonize the production of chemicals through renewable energy. The company has deep expertise in renewable energy, chemical engineering, and project development. ReMo Energy has developed innovative solutions for every step of ammonia production to adapt them to the distributed scale and intermittency of low-cost solar and wind power. ReMo Energy’s products make it possible for the world to improve global quality of life while also massively reducing the emissions of greenhouse gasses and other pollutants.
For more information, visit: https://www.remo.energy