Core Insights - Fertiglobe has postponed its plans for the 1 million ton per year low-carbon ammonia Rabdan project in Ruwais, UAE, due to the early development stage of the global market and evolving regulatory frameworks [1] - The company has been trialing low-carbon ammonia and renewable ammonia products in Japan, India, and Europe since 2021, primarily for co-firing in power plants and chemical production [1] - Fertiglobe's CEO, Ahmed El-Hoshy, stated that the global low-carbon ammonia market is still in its infancy, with dynamic changes in regulatory frameworks and demand signals [1] - The company is still proceeding with the 1 million ton per year Harvest low-carbon ammonia project in the UAE, which remains central to its decarbonization roadmap [1] - Fertiglobe is collaborating with ADNOC and ExxonMobil to evaluate the development of the Baytown project, which is a significant part of its global low-carbon ammonia solutions strategy [1] - In May, Marubeni Corporation announced a long-term purchase agreement with ExxonMobil to procure approximately 250,000 tons of low-carbon ammonia annually from the Baytown facility in Texas [1] Company Overview - Fertiglobe currently has a total production capacity of 6.6 million tons per year for urea and commodity ammonia, with production bases located in the UAE, Egypt, and Algeria [2] - The company is a significant nitrogen fertilizer producer in the MENA region [2]