GenCell Announces Achievement of Significant Progress in the Development of an Innovative Process for the Synthesis of Green Ammonia [Yahoo! Finance]
TDK CORP S/ADR (TTDKY)
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Source: Yahoo! Finance
traditional green ammonia synthesis methods; the overall ammonia market is estimated at some $100 billion ; out of this the green ammonia market, valued in 2022 at $0.3b , is forecast to grow at a CAGR of 72.6%, reaching ~$70b by 2032 Rami Reshef , CEO and co-founder of GenCell: "After investing significant effort, we are deeply excited to share that we have achieved significant and serious progress in the project we are executing to produce the world's fuel of the future – green ammonia. This news is welcomed by an enormous market eager for solutions to reduce pollutant emissions. Moreover, this breakthrough technology will increase the availability of green ammonia for the traditional ammonia consumption market sectors with which we are familiar, namely energy, agriculture, maritime, aviation and semiconductors We see great business potential associated with this scientific breakthrough and are acting to complete the development of this valuable technology together with our partne
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