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GreenEnergyBreaks – FuelPositive Corporation’s (TSX.V: NHHH) (OTCQB: NHHHF) System Offering Independence from Widely Fluctuating Supply Chain
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is helping build robust and decentralized food systems through its green ammonia production solution. The technology, which generates green ammonia from sustainable electricity, air and water, eliminates carbon dioxide emissions linked to the industrial production of anhydrous grey ammonia. The system also reduces the agricultural sector’s carbon footprint related to fertilizer production and distribution – the sector uses about 80% of the ammonia produced annually to satisfy its fertilizer needs. “In addition to reducing CO2 emissions, the FuelPositive system decentralizes ammonia production, freeing farmers from supply chain shocks, as is the case currently. In fact, a case study conducted last year revealed that the cost of green ammonia production using the company’s system was about CA$560 per metric ton compared to the then average landing cost of CA$900 per metric ton of grey ammonia – about 37.8% cheaper,” a recent article reads. “According to FuelPositive, the landing cost of grey anhydrous ammonia to farmers in Manitoba, Canada, had doubled from CA$600 to more than CA$1,200 per metric ton in just six months, further demonstrating the extent of the fluctuations. Current pricing per delivered metric ton of anhydrous ammonia in Manitoba is well over CA$2,000. The case study, the company observed, showed that its system offers independence from the widely fluctuating supply chain, a benefit that holds especially true given the current conflict-induced disruptions.”
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About FuelPositive Corporation
FuelPositive is a Canadian technology company committed to providing commercially viable and sustainable “cradle-to-cradle” clean technology solutions, including green ammonia (“NH3”), for use across a broad spectrum of industries and applications. By focusing on technologies that are clean, sustainable and economically advantageous/realizable, the company aims to change the course of climate change through practical solutions that can be implemented now. The FuelPositive green ammonia system takes air, water and sustainable electricity and synthesizes it into pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines and a solution for grid storage. Green ammonia is also being considered as a key enabler of the hydrogen economy. FuelPositive systems are designed to provide for green ammonia production on-site, where it’s needed. This eliminates wildly fluctuating supply chains and offers end-user energy and supply security. Already proven in the lab, FuelPositive is building three full-sized systems to be rolled out in demonstration pilot projects in 2022. For more information about the company, visit www.FuelPositive.com.
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF
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