His Majesty the King inaugurates Fertiberia’s green ammonia and green fertiliser plant in Puertollano, the first in the sector worldwide - The green plant will produce up to 3,000 tonnes of renewable hydrogen per year and will supply the company’s factory in the city - The project is part of Grupo Fertiberia’s “Net Zero” strategy; to become the first carbon neutral company in its sector by 2035, and has been pioneered in partnership with Iberdrola - It is supported by its owner, the European investment firm Triton, that has a strong ESG focus and extensive experience working with and transforming industrial companies.
Madrid, 13 May 2022 The event was attended by the CEO of Grupo Fertiberia, Javier Goñi, the president of Iberdrola, Ignacio Sánchez Galán, the president of the Regional Government of Castilla-La Mancha, Emiliano García-Page, the delegate of the Government in Castilla-La Mancha, Francisco Tierraseca; the mayor of Puertollano, Adolfo Muñiz; the Secretary of State for Territorial Policy and Civil Service, Alfredo González; the Minister of Economy, Business and Employment of Castilla-La Mancha, Patricia Franco Jiménez; the Minister of Sustainable Development of Castilla-La Mancha, José Luis Escudero, Chairman of the Advisory Board of Grupo Fertiberia, Romeo Kreinberg and Roland Oelschläger, Investment Advisory Professional at Triton. "The milestone we achieved today at our Puertollano plant makes us the first company in the world to manufacture green ammonia and CO2-free crop nutrition solutions on an industrial scale. The project is unique in the sector due to its sheer size. This initiative is part of our Net Zero strategy which, thanks to the support of our owner Triton, will make us the first major European company in our sector to reduce emissions to zero by 2035", said Javier Goñi, CEO of Grupo Fertiberia. He added "the investment in Puertollano is also the first step towards pioneering the green ammonia market in Europe”. Green ammonia is obtained by replacing natural gas with renewable electrical energy and is the basis for producing fertilisers with no carbon footprint. It is also used for other environmental solutions to reduce emissions in industry, such as AdBlue for diesel combustion engines. The company is working with the main green hydrogen consortiums for its four major industrial centres in Spain and is leading the future construction of a new plant in Norrbotten (Sweden). Triton invested in Grupo Fertiberia in 2020 to support management’s strategy of accelerating product innovation and invest in the company’s manufacturing processes to become more efficient and environmentally friendly. Iberdrola have developed a plant that will be able to generate 100% green hydrogen through one of the largest electrolysis systems in the world. The project will have zero CO2 emissions due to the use of renewable energy from an innovative 100 MW photovoltaic solar plant that is integrated into the facility. The green hydrogen produced at the Iberdrola plant is used in Grupo Fertiberia’s ammonia factory in Puertollano, which has carried out considerable innovation work in adapting its processes to this new energy vector. When presenting the plant, David Herrero, industrial director of Grupo Fertiberia, stated that the company “is moving forward in the decarbonisation of the essential agriculture sector”. In addition to producing an essential input for the agriculture sector, “we are replacing natural gas with indigenous resources in its production, which means we are helping to move towards food and energy independence in the EU”, he concluded.
About Triton Issuer: Triton Beratungsgesellschaft GmbH Key word(s): Environment
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