Atlas Agro, International Raw Materials announce green nitrogen offtake and marketing deal
Mark Milam
23-Oct-2024
HOUSTON (ICIS)–Fertilizer producer Atlas Agro and plant nutrient distributor International Raw Materials have announced a binding strategic offtake and partnership agreement for the green nitrogen fertilizer from Atlas Agro’s Pacific Green Fertilizer plant in Richland, Washington.
The Pacific Green Fertilizer plant will be the first at-scale, low carbon fertilizer production facility in the world with it planned to produce 700,000 short tons of nitrogen fertilizer annually and serving farmers across the Pacific Northwest region.
The facility will be in the Horn Rapids industrial park in Richland, Washington, and will produce green nitrogen fertilizers in liquid and solid form.
Switzerland-based Atlas Agro recently completed its front-end engineering design (FEED) study for the project and received the environmental determination of non-significance from both state and federal agencies. The final investment decision (FID) is expected in early 2025.
Atlas Agro’s fertilizer production process will use proven technologies and be powered by renewable energy sources with the company saying low carbon fertilizer products are essential to sustainable food production and addressing climate change.
“Our partnership with IRM is a significant milestone in our progress to bring locally produced, green nitrogen fertilizer products to growers in the Pacific Northwest. IRM is a company renowned for its market knowledge and logistics capabilities with deep roots in the Pacific Northwest, and a commitment to bringing sustainable solutions to the agriculture supply chain,” said Petter Ostbo, Atlas Agro CEO.
For its part International Raw Materials said adding the green fertilizer products to their marketing and distribution portfolio is well-aligned with the company’s commitment to agricultural sustainability.
“We’re seeing increased demand for a variety of solutions across the supply chain as food companies respond to the needs of consumers and look for new tools to address their Scope 3 emissions,” said Tip O’Neill, International Raw Materials president.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.