- FuelPositive is committed to developing clean fertilizer and energy solutions, such as their containerized green ammonia production system
- The company is emphasizing a decentralized model, which gives farmers and other end-users control over the ammonia supply chains, particularly in the wake of current disruptions brought by Russia’s invasion of Ukraine
- The system also eliminates CO2 emissions associated with the industrial production of grey ammonia
- FuelPositive established that the cost of production using its system was approximately 37.8% cheaper to the end-user than the delivered cost of anhydrous grey ammonia (in Manitoba, Canada)
As Russia continues to wage war against Ukraine, the conflict is leaving in its wake disruptions that have far-reaching effects worldwide, including the negative effects on agriculture and global food security. For instance, Russia and Ukraine are major global producers and exporters of fertilizers, grain, and other important nutrients and minerals, a status that presents a grim outlook for food prices and food security globally. The Food and Agriculture Organization of the United Nations (“FAO”) has, in fact, warned that the disruption arising from the war could influence an increase in international food prices by as much as 22% (https://ibn.fm/ITMYy).
The agriculture sector is one of the sectors most affected, with most fertilizer prices having increased over 100% during the past several years. According to the statistics released in February by the…
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF
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