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AB Achema can have EUR122 million in Lithuanian aid for decarbonization project

( July 12, 2024, 09:45 GMT | Official Statement) -- MLex Summary: Lithuania has won EU approval for a direct grant worth 122 million euros to support AB Achema's project to replace fossil-based hydrogen with renewable and low-carbon hydrogen, at its Kaunas production site. The European Commission said the measure, which will be made available through the Just Transition Fund, is meant to back AB Achema in decarbonizing its production of ammonia, a key ingredient in fertilizer production.Statement follows. ...

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