Mubadala Investment Company, the independent investor of Abu Dhabi, announced its investment in Western Australia's urea project.
Publish dateWednesday 8 May 2024 - 18:56
According to Mubadala Investment Company, this project is the largest investment in the Australian fertilizer industry, which is expected to produce more than two million tons of urea per year.
The plant will meet growing demand for high-quality fertilizer, reduce Australia's dependence on imports and support food security for up to 90 million people.
The plant will use the latest technology to ensure optimal energy efficiency and low emissions.
Using Perdaman, this factory will use clean technologies of solar energy and green hydrogen to minimize industrial emissions and reduce the carbon footprint of fertilizer production.
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Source : news agency wam
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