Mar 28, 2022
Paris, France – Trammo, Inc. is proud to announce the recent signature of an exclusive green ammonia supply and offtake agreement with Teal Corp. The agreement provides for the purchase by Trammo of all green ammonia to be produced by TEAL, a Canadian company developing green chemistry projects in the energy and fuel markets. Trammo, the world's leading independent ammonia distributor and transporter, with nearly 60 years of experience in ammonia marketing and logistics, will handle the marketing of the green ammonia produced by TEAL and its transportation to customers in Quebec and worldwide using its fleet of specialized refrigerated vessels. The agreement with TEAL allows TRAMMO to secure a supply and offtake of 800,000 metric tons of green ammonia from an ammonia production plant to be built on prime industrial land in Sept-Iles, Quebec already secured by TEAL with access to existing world-class port and energy infrastructure. The project in Sept-Iles, Quebec, Canada is one of the few in the world to produce green ammonia from hydroelectric power. At the current rate of project development, TRAMMO expects to have this additional supply available for its customers within the next three to four years. TRAMMO and TEAL are currently working on additional projects in other strategic locations with the aim of increasing the volume of green ammonia produced by TEAL to more than 2.5 million metric tons. With nearly a decade of partnership in the field, TRAMMO and TEAL are pioneers in the development of green ammonia projects. About Trammo Trammo is a leading international merchandising and trading company that markets, trades, transports and distributes key raw materials used in industrial processes and fertilizer production globally. The Company is a market leader in anhydrous ammonia, sulfur, sulfuric acid, and petroleum coke. In addition, Trammo is a producer and marketer of nitric acid in the United States. The history of Trammo spans more than 55 years. For more information, visit: https://www.trammo.com/ About Teal Teal Corp. develops industrial-scale green chemistry projects, with an exceptionally low environmental footprint and mostly powered by renewable energy, sells basic chemicals for industrial use and develops new channels in the energy and fuels Markets. It is based in Magog, near Montréal in the province of Quebec, Canada. For more information, visit: https://www.teal-ce.com