(CercleFinance.com) – Air Liquide announces that it will, through its engineering and construction activity, collaborate with KBR to offer technological solutions for the production of low carbon ammonia integrating its autothermal reforming process (ATR).
The industrial gases group explains that these solutions will contribute to the development of a global low-carbon hydrogen market insofar as, transformed into ammonia, hydrogen can easily be transported over long distances.
‘The global ammonia market reached nearly $78 billion in 2022 and is expected to surpass $129 billion by 2030; it is expected to grow at an average annual rate of 6.5% between 2022 and 2030, according to Precedence Research’, he also underlines.
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