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Stay informed about the latest low-carbon developments for heavy industry, including the newest technologies, innovative strategies and key collaborations.

The latest in Low Carbon Solutions

Mitsubishi Corporation and ExxonMobil sign Project Framework Agreement to advance world’s largest low-carbon hydrogen project [Spring, Texas and Tokyo, Japan] - Mitsubishi Corporation and Exxon Mobil Corporation (NYSE: XOM) have signed a Project Framework Agreement for Mitsubishi Corporation’s participation in ExxonMobil’s facility in Baytown, Texas which is expected to produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia.  Under the terms of the agreement, the companies will advance discussions regarding Mitsubishi Corporation’s offtake of low-carbon ammonia and equity participation in the project. The ammonia is expected to be used in Japan for power generation, process heating, and other industrial activities. 
Khaled bin Mohamed bin Zayed witnesses signing ceremony for ADNOC and ExxonMobil partnering in world’s largest low-carbon hydrogen facility
  • ADNOC to acquire a 35% equity stake in Baytown, Texas, project that will produce virtually carbon-free hydrogen.
  • The strategic investment will support both companies’ net zero ambitions, accelerate decarbonization of hard-to-abate sectors, and meet rising demand for low-carbon hydrogen and ammonia.
  • Facility expects to convert US-produced natural gas into virtually carbon-free hydrogen, with ~98% of CO2 removed, advancing US competitiveness and supporting US jobs.
ExxonMobil signs carbon capture agreement with CF Industries in Mississippi
  • We’ll remove up to 500,000 metric tons of CO2 annually from CF Industries’ site in Yazoo City.
  • It’s the latest sign of our leadership in CCS, a proven emissions solution.
  • Our total CCS customer commitments are now up to 5.5 MTA.
ExxonMobil and EV battery maker SK On sign MOU regarding U.S. produced Mobil™ Lithium SPRING, Texas – ExxonMobil (NYSE: XOM) has signed a non-binding memorandum of understanding (MOU) with SK On, a global leading electric vehicle (EV) battery developer, that opens the door to secure a multiyear offtake agreement of up to 100,000 metric tons of MobilTM Lithium from the company’s first planned project in Arkansas. SK On plans to use the lithium in its EV battery manufacturing operations in the United States. This will contribute to ExxonMobil’s goal, announced in late 2023, of supplying lithium for about 1 million EV batteries annually by 2030 and support the build out of a U.S. EV supply chain.
ExxonMobil adds Air Liquide to world’s largest low-carbon hydrogen project Spring, Texas – ExxonMobil (NYSE: XOM) and Air Liquide today announced an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air Liquide’s existing pipeline network. Additionally, Air Liquide will build and operate four Large Modular Air separation units (LMAs) to supply 9,000 metric tons of oxygen and up to 6,500 metric tons of nitrogen daily to the facility. The LMAs will primarily use low-carbon electricity to reduce the project’s carbon footprint.

ExxonMobil Low Carbon Solutions press packet

Read our press packet and learn about the collaborative work we are doing in the low-carbon solutions space.