ExxonMobil and Mitsubishi have entered into a project framework agreement for a hydrogen and ammonia facility to be established in Baytown, Texas. The facility is projected to become the largest of its kind globally, with a significant production capacity of low-carbon hydrogen and ammonia, aiming to capture around 98% of CO₂ emissions. Mitsubishi plans to leverage the low-carbon ammonia produced at the facility in Japan for power generation, process heating, and various industrial operations. To facilitate the transportation of the produced ammonia, Mitsubishi intends to convert a part of its liquefied petroleum gas (LPG) terminal into an ammonia terminal. The enhanced facility in Texas will specifically target serving the Shikoku and Chugoku regions of Japan, providing low-carbon ammonia for industrial purposes. Mitsubishi has established a 'Council for Utilising Namikata Terminal as a Hub for Introducing Fuel Ammonia' and plans to collaborate with Idemitsu Kosan for joint equity and ammonia offtake from ExxonMobil's facility. Both companies have expressed enthusiasm for the partnership, aiming to advance low-carbon hydrogen and ammonia supply chains that bridge the US and Japan. The collaboration also includes working towards accelerating the transition of hard-to-abate sectors to clean energy. In a related development, the Abu Dhabi National Oil Company recently agreed to acquire a 35% stake in Exxon's Baytown facility. This move signifies growing interest and investment in clean energy projects and signifies a step forward in the global energy transition towards sustainable practices.