ExxonMobil and Mitsubishi Partner for Groundbreaking Hydrogen and Ammonia Project in Texas
Key Ideas
  • ExxonMobil and Mitsubishi have signed an agreement for a hydrogen and ammonia facility in Baytown, Texas, set to be the largest of its kind globally.
  • The project aims to produce one billion cubic feet per day of low-carbon or blue hydrogen, capturing 98% of CO₂ emissions, and over one million tonnes of low-carbon ammonia yearly by 2030.
  • Mitsubishi plans to utilize the low-carbon ammonia for various industrial operations in Japan and transform part of its LPG terminal into an ammonia terminal for trans-shipment.
  • The collaboration also involves Idemitsu Kosan and Abu Dhabi National Oil Company, illustrating a significant step towards a cleaner energy future and the transition to clean energy in hard-to-abate sectors.
ExxonMobil has entered into a project framework agreement with Japan's Mitsubishi for the development of a groundbreaking hydrogen and ammonia facility in Baytown, Texas. This agreement paves the way for discussions on Mitsubishi's potential investment in the project and acquisition of low-carbon ammonia. The Baytown facility is projected to be the largest of its kind globally, with a production capacity of up to one billion cubic feet per day of low-carbon hydrogen, aiming to capture 98% of CO₂ emissions. Additionally, the plant plans to produce over one million tonnes of low-carbon ammonia annually by 2030, with Mitsubishi intending to utilize the ammonia for various industrial purposes in Japan. To facilitate trans-shipment, Mitsubishi plans to convert part of its LPG terminal into an ammonia terminal. The collaboration also involves transformation of the Namikata Terminal into an enhanced facility to serve industrial needs in specific regions of Japan. ExxonMobil, Mitsubishi, and Idemitsu Kosan are working together to advance low-carbon hydrogen and ammonia supply chains, with a shared vision of transitioning hard-to-abate sectors to clean energy. With ExxonMobil's acquisition by Abu Dhabi National Oil Company, the project takes a significant step towards achieving a lower emission future and contributing to global sustainability efforts.
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