Investment
12 October 2023
Atlas Agro is building industrial scale green nitrogen fertilizer plants in the United States and Latin America which will utilize green hydrogen in its production process, in lieu of conventional nitrogen fertilizer production utilizing fossil fuels. Atlas Agro’s innovative business model will seek to produce competitive carbon-free nitrate fertilizers locally in agricultural regions, thereby displacing imported products with a significant carbon footprint from both production and transportation.
The investment is a significant step towards enabling Atlas Agro’s expansion across the Americas and globally. It is expected to assist the company in realizing its vision of providing a sustainable alternative to conventional fossil-fuel based fertilizer products, which contribute heavily to greenhouse gas (GHG) emissions.
