First Ammonia
- Company typePrivate
- Founded2021
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What First Ammonia does
First Ammonia is a New York-based private company (founded 2021/2022) that develops, produces, and supplies green ammonia. Its core product is carbon-free ammonia produced from water and air using renewable electricity, targeted at four end-markets: industrial ammonia consumers (chemicals, steelmaking), maritime shipping (ammonia as a carbon-free bunker fuel), power generation (dispatchable clean power), and agriculture (renewable nitrogen fertilizer). The company is also positioning to serve European industrial and utility customers via cross-Atlantic exports, with Uniper acting as its anchor European offtake partner.
The technical foundation is a modular, commercial-scale plant architecture built around solid oxide electrolyzer cells (SOEC), integrated with the Haber-Bosch ammonia synthesis loop. The company has historically sourced SOEC technology from Topsoe under the world's largest single electrolyzer capacity reservation of 5 GW, citing approximately 30% higher energy efficiency versus conventional alkaline or PEM electrolyzers and a design optimized for variable renewable input (solar and wind). Each 100 MW module is engineered to produce up to 100,000 metric tons of green ammonia per year and avoid 180,000-240,000 metric tons of CO2 emissions annually relative to grey ammonia. The flagship 200 MW Victoria, Texas facility is designed to deliver 1.1 million tons of green ammonia per year, with three 100 MW trains, a 50-year lease option on 115 acres at the Port of Victoria, $780-800 million in projected capex, a two-phase construction plan, FID targeted for 2026, and operations expected in 2029.
The business model is B2B commodity production sold under long-term offtake agreements to enterprise counterparties (Uniper for Europe; targeted maritime, power, and industrial off-takers globally), with pricing linked to negotiated commodity-market rates and structured recurring supply contracts. Go-to-market is enterprise field sales, led by the CEO and commercial team and activated through industry conferences, strategic-partnership formation, and investor networks (Mercuria Holdings and Manies Group) to access Asia-Pacific demand. Revenue is not yet generated; the company is pre-revenue and pre-operations, funded to date through venture capital and strategic investment including a Series B round in September 2024.
First Ammonia firmographics
Firmographics- Name
- First Ammonia
- Legal name
- First Ammonia LLC
- Website
- https://firstammonia.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
First Ammonia industry classification
Industry- Product category
- Green Ammonia Production
- NAICS
- Nitrogenous Fertilizer Manufacturing (325311), Chemical Manufacturing (325)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Nitrogen Fertilizers (Ammonia/Urea/UAN) (IMAEAEAA)
Keywords
Where First Ammonia is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
First Ammonia business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D
Revenue model
- Green Ammonia Sales: First Ammonia produces green ammonia at its flagship Victoria, Texas facility and sells it to offtake partners under long-term supply agreements. Revenue is generated through the sale of green ammonia produced from water and renewable electricity, targeting industrial consumers, maritime shipping operators, and power generators. Each 100 MW module produces up to 100,000 MTPA of green ammonia. The company has a committed offtake partnership with Uniper for supply to European industrial customers.
- Global Green Ammonia Supply: Revenue from selling green ammonia produced at facilities on five continents to global customers. The company is developing production facilities worldwide with access to low-cost, surplus renewable energy. Ammonia serves as a carbon-free fuel for transportation, a solution to renewable power intermittency, and a pathway to decarbonize agriculture and heavy industry.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
First Ammonia product offering
Product offeringCore offering
First Ammonia develops, builds, and operates modular green ammonia production plants that convert water and variable renewable electricity into carbon-free ammonia using solid oxide electrolyzer (SOEC) technology integrated with an ammonia synthesis loop. The company is currently developing its flagship 300 MW Victoria, Texas facility (three 100 MW modules producing up to 1.1 million MTPA of green ammonia) and is preparing to scale the same modular architecture across five continents. Revenue is generated through sales of green ammonia to industrial, maritime, power, and agricultural customers under long-term offtake agreements.
Product overview
First Ammonia is a green ammonia production company offering modular, commercial-scale electric ammonia plants that produce ammonia from water and renewable electricity using solid oxide electrolyzer (SOEC) technology. The core product is carbon-free green ammonia production, with the Victoria, Texas flagship facility as the primary project consisting of three 100 MW modular trains (300 MW total capacity). The modular plant architecture enables flexible scaling to match renewable energy availability, producing up to 100,000 metric tons per year per 100 MW module.
Differentiator
Problem solved
Functional benefit
Products and services
- Green Ammonia Production Green ammonia produced from water and air using variable renewable energy and solid oxide electrolyzer (SOEC) technology; approximately 30% more energy efficient than conventional alkaline or PEM electrolysis. Ammonia is sold carbon-free for transportation fuel, power storage, fertilizer production, and industrial decarbonization to industrial, maritime, power generation, and agricultural customers under long-term offtake agreements.
- Victoria, Texas Flagship Green Ammonia Facility Flagship 300 MW green ammonia production facility at the Port of Victoria, Texas, comprising three 100 MW modular trains with a planned annual output of up to 1.1 million metric tons of green ammonia. Construction is targeted to begin in 2026 with operations commencing in 2029, and the facility is structured in two phases with approximately $780–800 million in project investment and local tax abatement support.
- Modular 100 MW Electric Ammonia Plant Design Modular, commercial-scale plant architecture where each 100 MW module produces up to 100,000 metric tons per year of green ammonia and avoids 180,000–240,000 metric tons of CO2 emissions per annum versus grey ammonia. Designed to operate in fluctuating mode to match intermittent renewable power and to be deployed near renewable resources or demand centers across five continents.
Quantifiable outcome
- 180,000-240,000 MT CO2 avoided per 100 MW module per annum compared to grey ammonia
- +3 more outcomes
Companies that use First Ammonia
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
First Ammonia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
First Ammonia partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- TopsoecoreFirst Ammonia had a supply agreement with Topsoe for 100 MW of SOEC (solid oxide electrolyzer cell) technology for the Victoria project. After Topsoe terminated the agreement due to missed project milestones and announced an internal review of SOEC technology (expected Q2 2026), First Ammonia initiated a process to appoint a new supplier for hydrogen production equipment. The 5 GW electrolyzer reservation agreement remains in place, though the Victoria project is proceeding with alternate technology.
- WorleycoreWorley, a global professional services company of energy, chemicals and resources experts, was awarded the final FEED (Front-End Engineering Design) contract by First Ammonia for its electric ammonia facility in Victoria, Texas. The FEED study targeted Q1 2025 completion with construction expected to begin later in 2025. Worley's strong relationship with Topsoe and proven abilities to deliver on the US Gulf Coast are key to the project success.
- UnipercoreUniper and First Ammonia announced cooperation at the US-German Hydrogen Conference in Berlin to deliver green ammonia from the Victoria, Texas facility. Uniper serves as the offtake partner, purchasing green ammonia to supply industrial and global customers in Europe. Green ammonia production will begin with initial modules, scaling up via modular design. Partnership supports Uniper's goal of carbon neutrality by 2040 and helps decarbonize European industrial ammonia consumers.
- Port of VictoriacorePort of Victoria is First Ammonia's site partner for the flagship green ammonia facility. First Ammonia holds a 50-year lease option on 115 acres at the Port's Texas Logistics Center. The site offers over 35 miles of inland protection along the Victoria Barge Canal while enabling efficient ammonia transportation via barges to nearby deepwater ports.
- Victoria Economic Development Corporation (VEDC)majorVEDC is a key local partner providing invaluable support and local perspective for the Victoria project. First Ammonia formally became a member of VEDC in December 2024 to support continued economic growth in Victoria. VEDC works with the company on community engagement and economic development initiatives.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
First Ammonia competitors and assessment
Company assessmentBroad incumbents
- Nutrien: World's largest fertilizer producer with significant nitrogen and ammonia capacity in North America, increasingly focused on low-carbon nitrogen products. Comparable as a competitor in green ammonia for agricultural end markets.
- Yara International: World's largest ammonia producer and nitrogen fertilizer company, actively developing green/blue ammonia projects (e.g., Yara Clean Ammonia JV). Direct overlap with First Ammonia on ammonia production technology and end markets (fertilizer, shipping fuel, industrial).
- Air Products: Industrial gas major with the largest announced blue/green hydrogen project portfolio globally, plus deep involvement in NEOM Green Hydrogen. Comparable as a competitor for green ammonia offtake, hydrogen equipment supply, and project EPC partnerships.
- CF Industries: Largest North American nitrogen fertilizer producer and a major ammonia producer, pursuing green ammonia projects (e.g., Donaldsonville). Direct competitor in US ammonia markets and to the same fertilizer/heavy-industry offtake base First Ammonia targets.
Emerging players
- Nel ASA: Norwegian electrolyzer manufacturer (alkaline and PEM) supplying green hydrogen projects globally, including hydrogen/ammonia integrations. Comparable as a potential equipment supplier to First Ammonia and a peer in the green ammonia value chain.
- Green Hydrogen Systems: Danish-based manufacturer of pressurized alkaline electrolyzers with a production facility similar in scale to Topsoe's Herning SOEC plant. Comparable as a potential alternative hydrogen equipment supplier for First Ammonia and as a peer in the European electrolyzer ecosystem.
- ITM Power: UK-based PEM electrolyzer manufacturer scaling commercial production for green hydrogen and Power-to-X applications. Comparable as an alternative electrolyzer supplier and as a peer in green hydrogen/ammonia project economics.
- NEOM Green Hydrogen Company: Joint venture of ACWA Power, Air Products, and NEOM building one of the world's largest green hydrogen/green ammonia facilities in Saudi Arabia using electrolyzer-based production. Highly comparable scope (multi-hundred-MW green ammonia for export), offtake model, and SOEC/PEM technology choices.
Direct peers
- Ørsted: Global leader in offshore wind now building a green fuels platform including green hydrogen and green ammonia projects. Directly comparable to First Ammonia on Power-to-Ammonia concept, offtake to shipping/heavy industry, and use of variable renewables.
Others
- Topsoe: Former core technology partner of First Ammonia, supplying SOEC electrolyzers and ammonia synthesis catalysts. Still holds the 5 GW reservation; functions as a technology/infrastructure enabler (and potential competitor post-termination) for green ammonia economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
First Ammonia social profiles
Digital presenceFirst Ammonia financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Ammonia leadership team
Management profileNumber of profiles
Profiles9 records
First Ammonia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Ammonia M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Ammonia
What does First Ammonia do?
First Ammonia develops, builds, and operates modular green ammonia production plants that convert water and variable renewable electricity into carbon-free ammonia using solid oxide electrolyzer (SOEC) technology integrated with an ammonia synthesis loop. The company is currently developing its flagship 300 MW Victoria, Texas facility (three 100 MW modules producing up to 1.1 million MTPA of green ammonia) and is preparing to scale the same modular architecture across five continents. Revenue is generated through sales of green ammonia to industrial, maritime, power, and agricultural customers under long-term offtake agreements.
Is First Ammonia a public or private company?
First Ammonia is a private company. It is classified as venture growth investor backed and is currently operating.
When was First Ammonia founded?
First Ammonia was founded in 2021. It employs 11 to 50 people.
Where is First Ammonia based?
First Ammonia is headquartered in New York, United States, in the North America region.
How does First Ammonia make money?
Two revenue lines are on record. Green Ammonia Sales are the primary driver. The others are global Green Ammonia Supply.
Who are First Ammonia's main competitors?
Broad incumbents on record are Nutrien, Yara International, Air Products and CF Industries. Emerging players are Nel ASA, Green Hydrogen Systems, ITM Power and NEOM Green Hydrogen Company. Ørsted is listed as a direct peer. Topsoe is listed as an others.
Does First Ammonia have an API?
No public API is recorded for First Ammonia.
What industry is First Ammonia in?
First Ammonia's product category is Green Ammonia Production. Its primary akta.pro industry code is IMAEAEAA, Nitrogen Fertilizers (Ammonia/Urea/UAN). Its NAICS code is 325311 and its SIC code is 2860.