Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply
Spring, Texas, U.S., and Tokyo, Japan — Marubeni Corporation (Marubeni) and Exxon Mobil Corporation (ExxonMobil) (NYSE: XOM) have signed a long-term offtake agreement for approximately 250,000 tonnes of low-carbon ammonia per year from ExxonMobil’s facility in Baytown, Texas, which is expected to produce virtually carbon-free hydrogen with approximately 98% of CO2 removed and low-carbon ammonia. Marubeni will supply the ammonia mainly to Kobe Power Plant, a fully … Continue reading Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply
