NetworkNewsBreaks – FuelPositive Corporation’s
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FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is helping build robust and decentralized food systems through its green ammonia production solution. The technology, which generates green ammonia from sustainable electricity, air and water, eliminates carbon dioxide emissions linked to the industrial production of anhydrous grey ammonia. The system also reduces the agricultural sector’s carbon footprint related to fertilizer production and distribution – the sector uses about 80% of the ammonia produced annually to satisfy its fertilizer needs. “In addition to reducing CO2 emissions, the FuelPositive system decentralizes ammonia production, freeing farmers from supply chain shocks, as is the case currently. In fact, a case study conducted last year revealed that the cost of green ammonia production using the company’s system was about CA$560 per metric ton compared to the then average landing cost of CA$900 per metric ton of grey ammonia – about 37.8% cheaper,” a recent article reads. “According to FuelPositive, the landing cost of grey anhydrous ammonia to farmers in Manitoba, Canada, had doubled from CA$600 to more than CA$1,200 per metric ton in just six months, further demonstrating the extent of the fluctuations. Current pricing per delivered metric ton of anhydrous ammonia in Manitoba is well over CA$2,000. The case study, the company observed, showed that its system offers independence from the widely fluctuating supply chain, a benefit that holds especially true given the current conflict-induced disruptions.”
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