FertigHy, a new player in low-carbon fertilizer production, aims to accelerate the decarbonisation of the food industry value chain
Founded by EIT InnoEnergy, RIC Energy, MAIRE, Siemens Financial Services, InVivo and HEINEKEN, FertigHy has recently launched to pioneer the low-carbon transformation of the European fertilizer industry. FertigHy’s goal is to produce affordable and low-carbon fertilizer for European farmers, providing a direct response to the latest food security issues in the EU and the world due to supply chain disruptions and the global uncertainty of natural gas supplies.
FertigHy, which plans to implement several large-scale low-carbon fertilizer projects, will build and operate its first plant in Spain, and then replicate its factory in other European countries. The plant will produce more than one million tons of low-carbon, nitrogen-based fertilizer per year, using 100% renewable electricity from green hydrogen, and construction is scheduled to begin in 2025. FertigHy is headed by José Antonio de las Heras, who has more than 25 years of executive and non-executive corporate and entrepreneurial experience, with expertise in green hydrogen, renewables and natural gas.
The agricultural sector alone is responsible for 13% of the EU’s total greenhouse gas emissions* and European farmers use more than 11 million tonnes of nitrogen fertilizer (nutrient) every year. In its October 2022 communication on ensuring the availability and affordability of fertilizer, the European Commission classified the fertilizer sector as critical and supports the transition to low-carbon fertilizer. FertigHy is a good example of European industry players investing in Europe in order to continuously decarbonize the economy, in this case fertilizer. The European Commission’s primary response to the US Inflation Reduction Act (IRA) was decisive for the decision to locate in Europe, as FertigHy aims to directly address the challenges facing the EU and to be a leader in the low-carbon fertilizer industry. in Europe. FertigHy will work to expand its operations across Europe and aims to reduce overall emissions by up to two million tonnes of CO2 per plant per year.
Related news
Heineken agrees to buy FIFCO assets in Central America push
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Heineken’s Strongbow becomes first major alcohol brand to add NaviLens technology to packaging
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >MOL Fresh Corner turns 10 – from Olympic champions to Tankcsapda, everyone celebrates the country’s most popular hot dog
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Lidl is organizing an exclusive customer party in one of its Budapest stores
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >