Nutrien eyes U.S. ammonia plant with low carbon emissions

(Reuters) - Canadian fertilizer company Nutrien Ltd intends to build a $2 B U.S. plant to produce ammonia with low carbon emissions, it said on Wednesday, in the sector's latest move to meet rising global demand for clean energy.

The company is evaluating a site in Louisiana for the plant, which could produce 1.2 MM metric tons a year and capture at least 90% of carbon emissions, Nutrien said in a statement.

Nutrien signed a letter of intent with Mitsubishi Corporation for offtake of up to 40% of the expected production to deliver to the Asian fuel market, including Japan, the statement said.

Another fertilizer producer, CF Industries Holdings, recently announced plans with Mitsui & Co to build a roughly $2 B U.S. plant to produce low-carbon ammonia for fuel.

(Reporting by Tom Polansek; Editing by Aurora Ellis)

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