President Luiz Inácio Lula da Silva visited the plant, which received USD 20 million in investments. The facility has the capacity to produce 1,300 metric tons of urea per day, equivalent to 5% of national demand.
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Neom Green Hydrogen Co. signed agreements with a Saudi fund and banks to enable the implementation of a green hydrogen plant in the country. The project is expected to be the largest in the world and focus on exports.
The technology is one of the answers for the challenge of producing enough clean energy for the demands of the society. Both Arab countries and Brazil have the potential to develop this energy model and even signed a partnership.
