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Greenfield Nitrogen

Pure Green

Greenfield Nitrogen, LLC is developing a network of green hydrogen and ammonia
facilities that are strategically positioned in the Midwest to serve the
emerging renewable energy markets. Our first location near Garner, Iowa
maximizes the abundant renewable energy as well as the strong ammonia market and
the developing green hydrogen market. 

As the need to reduce the world’s carbon footprint has evolved, so has
Greenfield Nitrogen. With the new advancements in electrolysis technology, our
plant design is a completely green, carbon free hydrogen and ammonia facility
which will use 100% renewable energy as well as significantly less water than
conventional hydrogen and ammonia production.

Our company was founded by a team with deep experience in project development,
agriculture, operations, finance and engineering.


GREENFIELD NITROGEN IS PLEASED TO ANNOUNCE OUR PARTNERSHIP AND CO-DEVELOPMENT
WITH MAIRE TECNIMONT, S.P.A., AND ITS SUBSIDIARIES MET DEVELOPMENT, STAMICARBON
AND NEXTCHEM, ON THE LARGEST GREEN HYDROGEN AND AMMONIA FACILITY TO BE BUILT IN
THE UNITED STATES.




PRESS RELEASE BELOW OR CLICK HERE TO READ

MAIRE TECNIMONT GROUP REACHES AGREEMENT WITH GREENFIELD NITROGEN LLC FOR THE
DEVELOPMENT OF A GREEN AMMONIA PLANT IN THE UNITED STATES

• NextChem to start feasibility study for a 240 mtpd green ammonia plant to be
located in Iowa
• MET Development to act as co-developer of the project, which will be based on
Stamicarbon’s Green Ammonia technology

Milan, 28 September 2021 – Maire Tecnimont S.p.A. announces that its
subsidiaries NextChem, MET Development and Stamicarbon have reached an agreement
with US-based Greenfield Nitrogen LLC, to develop the first dedicated green
ammonia plant in the US Midwest. As part of the agreement, NextChem will start a
feasibility study for the 240 metric tons per day green ammonia project,
utilizing renewable energy as feedstock via the intermediate production of green
hydrogen. MET Development will assist Greenfield Nitrogen in the development of
the project. The plant will be designed utilizing the best available
technologies for the green hydrogen production together with the ammonia
technology that will be provided by Stamicarbon, which earlier this year
launched its new STAMI Green Ammonia technology.

The project is the first of a series of green ammonia facilities that Greenfield
Nitrogen is interested to strategically develop in the US Corn Belt. The plant
and storage facility, which will be located near Garner, Iowa, will be powered
by local renewable sources and will supply the ammonia to the local market,
which traditionally is a large ammonia-consuming market.

The green ammonia plant will strengthen the development of the low carbon
industry in the region and is expected to save over 166,000 tons of CO2
emissions per annum. The production of around 83,000 tons of ammonia per annum
will reduce the region’s dependency on the ammonia currently imported from
abroad.

Pierroberto Folgiero, Chief Executive Officer of Maire Tecnimont Group
commented: “We are very pleased that Greenfield Nitrogen has chosen Maire
Tecnimont as their partner of choice for this exciting project. The combination
of co-developer, technology provider and EPC contractor makes Maire Tecnimont a
unique player in the green ammonia market, an area that will be vital to
industrialize the on-going energy transition through green hydrogen. Thanks to
Greenfield Nitrogen’s experience and local presence we expect this first project
to pave the way for other green industrial initiatives to come.”

Linda Thrasher, President, Greenfield Nitrogen, LLC commented: “This partnership
represents a collaboration of strengths. As a development partner, Maire
Tecnimont and its subsidiaries bring decades of expertise in successfully
designing and executing nitrogen projects as well as creating new technology,
including state-of-the-art zero-carbon facilities. Greenfield’s development
expertise, operational experience, and market knowledge align well and position
both companies to play a critical role in meeting the world’s decarbonization
goals.”



About Green Ammonia

A traditional ammonia plant converts fossil fuel and steam into so-called
syngas, a gas consisting of hydrogen and carbon monoxide, through a method known
as ‘steam reforming’. Hydrogen is one of the two components from which ammonia
is produced, Nitrogen being the other one, which is the dominant component in
the air that is taken into the plant (with or without pre-treatment). Ammonia is
synthesized from hydrogen and nitrogen. The carbon monoxide is converted to
carbon dioxide and, if not used for urea production, is often emitted into the
atmosphere, as a greenhouse gas, contributing to global warming. The presence of
carbon as a result of using fossil fuels makes the ammonia produced in this way
often referred to as “grey” ammonia. By eliminating the use of fossil fuels, an
environmentally-friendly process is created in which hydrogen is made via water
electrolysis instead of the steam reforming of fossil fuels. The energy needed
comes from renewable, sustainable resources, such as wind or solar energy. The
output is carbon-free ammonia, also known as Green Ammonia, the primary
feedstock for green fertilizers.

Green Ammonia can also be used as a renewable energy carrier (e.g. in shipping
fuel) or as a renewable feedstock for other processes. The Stami Green Ammonia
technology offers a total solution for carbon-free and sustainable ammonia
production.



Maire Tecnimont S.p.A.

Maire Tecnimont S.p.A., listed on the Milan Stock Exchange, heads an industrial
group which leads the global natural resource conversion market (downstream oil
& gas plant engineering, with technological and executive expertise). Its
subsidiary NextChem operates in the field of green chemicals and technologies in
support of the energy transition. The Maire Tecnimont Group operates in approx.
45 countries, through approx. 50 operative
companies and about 9,100 people.
For further information: www.mairetecnimont.com.
For more information on Stami Green Ammonia: www.stamicarbon.com/green-ammonia

Group Media Relations
Carlo Nicolais, Tommaso Verani

+393666494966

media.relations@mairetecnimont.it

Investor Relations
Riccardo Guglielmetti

Tel +39 02 6313-7823

investor-relations@mairetecnimont.it

About Greenfield Nitrogen, LLC

Greenfield Nitrogen is a U.S.-based company that is developing, and will
operate, a network of green hydrogen and ammonia facilities that are
strategically positioned in the Midwest to serve the emerging renewable energy
markets. The company’s first facility near Garner, Iowa maximizes the abundant
renewable energy as well as the strong ammonia market and the developing green
hydrogen market. Greenfield Nitrogen was founded by a team with deep expertise
in project development, agriculture, operations, and engineering. Local farmers
and businesses invested seed capital to launch the company.

Greenfield Nitrogen LLC contacts:

Linda Thrasher

1-952-270-0429

Linda@GreenfieldNitrogen.com