Sasol, Itochu sign MoU to develop green ammonia industry

Global chemicals and energy company Sasol and Japanese trading group Itochu have signed a memorandum of understanding (MoU) to jointly study and develop the market and supply chain for green ammonia, with a focus on its use as a bunkering fuel and for power generation. The parties will also evaluate Itochu’s potential involvement and participation in Sasol’s green ammonia export-oriented projects – including product offtake – as well as financial support from Japan for studies and grants relating to green ammonia projects in South Africa.