JERA Makes Final Investment Decision on “Blue Point” Low-Carbon Ammonia Production Project in the United States 2025/04/09

JERA Co., Inc. (“JERA”) announced that it has made a final investment decision on the low-carbon ammonia production project “Blue Point” ("the Project") in Ascension Parish, Louisiana, USA, in partnership with CF Industries Holdings, Inc. (“CF Industries”) and Mitsui & Co., Ltd. (“Mitsui”).  

In 2024, JERA entered into a joint development agreement with CF Industries for a low-carbon ammonia production project (as announced on April 18, 2024) and the partners have since advanced investment assessments.  

The Project will develop a low-carbon ammonia production facility in Ascension Parish, Louisiana, USA, which would be the largest ammonia production facility in the world with an annual nameplate capacity of approximately 1.4 million tons. The facility will produce ammonia using natural gas as feedstock, with CCS technology implemented to capture, transport, and store the CO2 generated during production. The total project cost is approximately USD 4 billion (about JPY 600 billion), of which JERA will invest 35%. In addition, as an investor, JERA will offtake the produced ammonia to supply markets in Europe, Asia, and other regions. Production is scheduled to begin in 2029.

Yukio Kani, JERA Global CEO and Chair said, “Collaboration and partnership are at the heart of JERA’s strategy to achieve our business goals. While the U.S. remains the cornerstone market for JERA, this Blue Point project underscores our long-term commitment to expanding our presence with diversified and reliable energy projects. As we move forward, we will continue to accelerate the availability of fuel sources and develop their supply chains, driving meaningful progress toward a more stable and cleaner energy future.”

Zero CO₂ emission thermal power is one of JERA's key development areas, alongside renewable energy and LNG, where the company holds a leading position in the global industry. The strategic combination of these three pillars will contribute to both sustainability and stability of energy supply. This Project also aligns with JERA's established "JERA Zero CO₂ Emission 2050" initiative that aims to decarbonize its domestic and overseas operations.

“CF Industries is proud to partner with global leaders JERA and Mitsui to build the leading low-carbon ammonia production facility in the world,” said Tony Will, president and chief executive officer, CF Industries. “Our joint venture represents tangible progress towards building a reliable and affordable low-carbon ammonia value chain to meet what we expect to be robust global demand for low-carbon ammonia for both traditional and new applications.”

Kenichi Hori, President and Chief Executive Officer of Mitsui said: “We are excited to announce the achievement of this significant milestone together with CF Industries and JERA to invest in this large-scale low-carbon ammonia project in Louisiana. Mitsui will establish low-carbon ammonia value-chain worldwide by leveraging its presence in the US gas value chain from natural gas to chemicals including this project, and our strength and track record in the global trading of ammonia. We aim to lower carbon emissions across various industries through investment in projects of this kind.”
 

Project Overview

Ceremony Photo