FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is positioning to meet growing demand as recent global events, such as the war in Ukraine, have created a stark wake up call, making it clear it is about time the global fertilizer industry adopted more sustainable fertilizer production and distribution methods. “With Russia being the world’s largest exporter of fertilizers, accounting for 23% of global ammonia exports and over 40% of the world’s potash supply, reality is slowly hitting the industry on its overreliance on this country for fertilizer,” reads a recent article. “As an enterprise focused on licensing, partnership and acquisition opportunities relating to energy-efficient technologies and sustainability, FuelPositive’s flagship product, a containerized green ammonia production system, has proven to be a viable alternative from environmental and cost-savings standpoints. FuelPositive’s green ammonia production system uses renewable energy to produce nitrogen from air and hydrogen from water to synthesize green ammonia using its patent-pending converter technology. In addition, the containerized nature of the system allows for the process to be decentralized, giving farmers the ability to economically produce, on-site, the amount of ammonia they need. Ultimately, this allows them to end supply chain dependence and fluctuations with an almost negligible carbon footprint.”
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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 a containerized green ammonia (“NH3”) production system 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 in the short term. The FuelPositive containerized green ammonia production system produces pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells 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-users energy and supply security, while cutting carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional ammonia produced today as fertilizer. Already proven in the lab, FuelPositive is currently building three full-sized systems. The first system will be field-ready and fully validated by FuelPositive and two accredited third parties, before being moved to a farm in Manitoba, Canada. The company expects to begin serial, assembly-line manufacturing in 2023. For more information about the company, visit www.FuelPositive.com.
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