Pays to be informed....
Recent purchases may seem far apart, however, a closer look shows they are related. If the two new purchases in USA are linked together then we have a very good business model. Good old value adding. At the moment according to the article below ammonia produced from gas is approx 70% cheaper then electrically produced ammonia. So WDS has access to a cheap source of gas for ammonia. And if ammonia becomes a dominant source of energy then WDS is ahead of the curve before it arrives...
is speculative in nature of WDS but may pay off very well.
Very well written piece and worth reading....
https://e360.yale.edu/features/from-fertilizer-to-fuel-can-green-ammonia-be-a-climate-fix
Ann: Woodside to acquire OCI's Clean Ammonia Project transcript, page-36
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