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Itochu looks to supply ammonia to aid Singapore's zero-carbon push

Trading company to work with EDF and Tuas Power to produce the green fuel

Itochu hopes to create new business opportunities by expanding its ammonia supply network.

TOKYO -- Japanese trading company Itochu is considering working with French utility EDF and Singapore electric company Tuas Power to supply ammonia to Singapore as the city-state aims to reach net-zero emissions by 2050.

Details, such as production scale and supply volume, have yet to be determined, but the company seeks to have a supply network in place by about 2030. Ammonia, which does not emit CO2 when it is burned, is seen as an important fuel in the global shift away from fossil fuels. Itochu hopes to create new business opportunities by expanding its supply network.

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