United Arab Emirates7fidelity.ae
Its roles Owner Developer
Fidelity Group is an investment and business management company founded in 2010, specializing in industrial development, technology sourcing and transfer, and trading in energy commodities and chemical products. With operations focused on the Middle East (including Jordan and the UAE) and Europe, it leverages over 20 years of regional experience in the Gulf and EU.
The company has a track record in chemicals, notably developing the Gulf Fluor hydrogen fluoride complex in Abu Dhabi, UAE—the region's first fluorine production facility—established in 2006. It manages investments in oil and chemicals sectors across the MENA region and holds expertise in constructing chemical plants and hydrogen engineering.
Fidelity Group is partnering with Poland's Hynfra in the Jordan Green Ammonia LLC joint venture to develop a green ammonia plant at Jordan's Port of Aqaba, aimed at producing up to 200,000 tonnes annually using renewable energy.
chemXplore tracks 1 project involving Fidelity Group, of which one is active.
A 1,000‑hectare site in Aqaba leased for a green ammonia plant producing 120,000 t/yr using 550 MWp solar plus storage; financial close targeted September 2027.
FEED underway for Jordan green ammonia: synthesis tech will convert green H2 to ammonia, avoiding >200,000 t CO2e/yr. FID expected 2027; plant to start 2030; exports planned.
Off-grid Aqaba plant: 550 MW solar + BESS, electrolysis to yield 100,000 t/yr green ammonia for Europe/Asia; cuts ~200,000 tCO2/yr; FID 2027, ops 2030
Study outlines $1.6B green ammonia/hydrogen plant in Aqaba SEZ using desalinated seawater and renewables; 8,000 construction jobs, ~200 direct & 750 indirect operational jobs
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