Final Investment Decision For Blue Point Low-Carbon Ammonia Production Project In US
09/04/2025 24:36
April 9 (Reuters) - Mitsui & Co Ltd 8031.T: MITSUI & CO LTD - FINAL INVESTMENT DECISION FOR BLUE POINT LOW-CARBON AMMONIA PRODUCTION PROJECT IN US MITSUI & CO LTD - DECIDES TO INVEST IN BLUE POINT LOW-CARBON AMMONIA PROJECT MITSUI & CO LTD - FINAL INVESTMENT DECISION FOR THE PROJECT WAS MADE TOGETHER WITH CF INDUSTRIES HOLDINGS AND JERA CO MITSUI & CO LTD - CONSTRUCTION WILL BEGIN IN 2025, AND PRODUCTION IS PLANNED TO BEGIN IN 2029 MITSUI & CO LTD - EACH SHAREHOLDER WILL OFFTAKE THE PRODUCED AMMONIA, AND MITSUI PLANS TO SELL THOSE TO EUROPE, ASIA AND OTHER LOCATIONS MITSUI & CO LTD - OWNERSHIP RATIO IS CF INDUSTRIES: 40%, JERA: 35%, MITSUI: 25% Source text: ID:nTSph7cb4f Further company coverage: 8031.T (Reporting by Kantaro Komiya) ((Kantaro.Komiya@thomsonreuters.com;))