As of April 8, 2025, CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, announced today that it has formed a joint venture with JERA Co., Ltd. (JERA), Japan’s largest energy company, and Mitsui & Co., Inc (Mitsui), a global investment and trading company, for the construction, production, and offtake of low-carbon ammonia. [1] Upon formation, CF Industries will hold 40% ownership, JERA 35% ownership, and Mitsui 25% ownership in the joint venture. The venture will construct at CF Industries’ autothermal reforming (ATR) ammonia production facility in Louisiana, with a carbon dioxide (CO2) dehydration and compression unit at the site to prepare captured CO2 for transportation and sequestration. The facility will have an annual nameplate capacity of approximately 1.4 million metric tons, which is the largest by nameplate capacity in the world. Production of low-carbon ammonia is expected to begin in 2029. The companies estimate that the cost of the low-carbon ATR ammonia production facility with CCS technologies will be around $4 billion.

[1] https://www.cfindustries.com/newsroom/2025/blue-point-joint-venture