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Reliance enters $3 billion supply agreement with Samsung C&T for green ammonia

This article was originally posted on Chemical Engineering Online.
Summary
Reliance Industries has signed a binding 15-year supply and purchase agreement with Samsung C&T to deliver green ammonia starting in the second half of FY2029. The deal is valued at over $3 billion and is described as one of the largest green-ammonia offtake agreements to date.

How do you think this long-term SPA will influence green ammonia pricing, project financing, and supply chains across Asia?

Reliance Industries Limited (RIL; Mumbai, India; www.ril.com) has entered into a binding long-term supply and purchase agreement (SPA) with Samsung C&T Corporation (Seoul, South Korea; www.samsungcnt.com) for the supply of green ammonia over a 15-year period commencing in the second half of FY2029. The SPA, valued at more than US$3 billion, is one of the […]

The post Reliance enters $3 billion supply agreement with Samsung C&T for green ammonia appeared first on Chemical Engineering.

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