Moving Early

MOVING EARLY WITH LOW-CARBON AMMONIA

Hydrogen and ammonia are increasingly being looked at as potential forms of low-carbon energy―and especially as a useful tool in decarbonizing sectors where emissions are hard to abate, such has heavy industries, long-distance transport, shipping, and aviation. Production of low-carbon hydrogen and ammonia are currently at very low levels, and cost-effective pathways to scaling and mass commercialization are points of debate. Yet, the possibilities are clear: the International Energy Agency, for example, views hydrogen and ammonia as vital resources in the world's progress towards being carbon neutral by 2050.

SABIC produces low-carbon hydrogen and ammonia as part of its carbon neutrality and circular economy ambitions. In recent years, SABIC has been working towards expanding its presence in the low-carbon ammonia market and made some significant strides—a testament to SABIC recognizing the urgency at hand and its ability to deploy the necessary resources and investments to move quickly.

“The shipments of low-carbon ammonia reflect our commitment to delivering low-carbon solutions to our customers and helping them achieve their sustainability targets in various areas such as clean energy transitions, low carbon chemicals, and fertilizer solutions,’ explains Abdulrahman Shamsaddin, CEO of SABIC’s Agri-Nutrients business. “We have already delivered such shipments to several markets such as Japan, South Korea, and India, along with a shipment of low-carbon urea to New Zealand, in line with our aspirations to become a leading player in the low-carbon ammonia market.”

Even though cleaner energy alternatives are still pricier, SABIC has discovered that customers who are serious about committing to a sustainable future are willing to pay a little more to guide their businesses and nations towards it. SABIC has always prided itself as a first mover, and having identified the need for low-carbon hydrogen and ammonia, SABIC knows that when their customers’ demands for these products grow, the company will be ready.

_{Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2023 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.}