Mitsui & Co., Ltd. has announced its decision to invest in the Blue Point low-carbon ammonia production project in the United States, marking a significant step in the global transition to cleaner energy.
The final investment decision, made on April 8, 2025, was reached in partnership with CF Industries Holdings, Inc., the world’s largest ammonia producer, and JERA Co., Inc., Japan’s largest power generation company.
The Blue Point project will see the construction of one of the world’s largest low-carbon ammonia facilities in Ascension Parish, Louisiana.
With an annual production capacity of approximately 1.4 million tonnes, the facility is designed to set a new benchmark in the ammonia industry.
The estimated project cost is around US$4 billion, with Mitsui contributing approximately US$1 billion, to be invested in stages by 2029.
Ownership of the joint venture is divided among CF Industries (40%), JERA (35%), and Mitsui (25%).
Construction is scheduled to commence in 2025, with commercial production expected to begin in 2029.
The facility will utilise advanced carbon capture and sequestration (CCS) technology, aiming to capture and store about 2.3 million tonnes of CO₂ annually-more than 95 per cent of the emissions generated during ammonia production.
The captured carbon will be sequestered at the Pelican Sequestration Hub, operated by 1PointFive, a subsidiary of Occidental.
Each shareholder will independently offtake their portion of the produced ammonia, with Mitsui planning to supply markets in Europe, Asia, and beyond.
The low-carbon ammonia produced at Blue Point is expected to play a pivotal role as a next-generation fuel and as a feedstock for fertilisers and chemicals, offering a significant reduction in greenhouse gas emissions compared to conventional ammonia production methods.
Mitsui’s investment aligns with its Medium-term Management Plan 2026, which prioritises the global energy transition.
The company brings over 50 years of experience in ammonia trading and production — as well as expertise in natural gas, LNG, and fuel supply — to the project.
According to Mitsui, the impact of this investment on its consolidated financial results for the fiscal year ending March 2026 is expected to be minor.
The project is also anticipated to have a positive economic impact on the region, creating over 100 permanent jobs and more than 300 indirect jobs in Louisiana, further cementing the state’s role as a leader in innovative energy and manufacturing processes.
By combining cutting-edge technology and international collaboration, the Blue Point project aims to set a new standard for sustainable ammonia production and support the decarbonisation of industries worldwide.
