JAKARTA — State-owned Pupuk Indonesia, one of Asia’s major fertilizer producers, wants to accelerate its “clean ammonia” development projects as it hopes to tap into demand for the chemical, which is being touted as a future fuel source in countries such as Japan and South Korea.
Ammonia is typically made using fossil fuels, mostly as an input for nitrogen-based fertilizers. Pupuk accounts for 5% of global production capacity, according to the company. Pupuk is keen to develop clean ammonia, both “blue” ammonia derived from fossil fuels but with carbon capture and storage added to the…
