08-05-2025
Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply
Marubeni Corporation and Exxon Mobil Corporation 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 owned subsidiary of Kobe Steel, Ltd. Marubeni has also agreed to acquire an equity stake in ExxonMobil’s low-carbon hydrogen and ammonia facility.
ExxonMobil’s facility is expected to be the world’s largest of its kind upon startup, capable of producing up to 1 billion cubic feet (bcf) daily of low-carbon hydrogen, which is virtually carbon-free*, and more than 1 million tons of low-carbon ammonia per year. Contingent on ongoing supportive government policy and necessary regulatory permits, a final investment decision is expected in 2025.
“This is another positive step forward for our landmark project,” said Barry Engle, president of ExxonMobil Low Carbon Solutions. “By using American-produced natural gas we can boost global energy supply, support Japan’s decarbonization goals and create jobs at home. Our strong relationship with Marubeni sets the stage for delivering low-carbon ammonia from the U.S. to Japan for years to come."
“Marubeni will take this first step together with ExxonMobil in the aim of establishing a global low-carbon ammonia supply chain for Japan through the supply of low-carbon ammonia to the Kobe Power Plant,” said Yoshiaki Yokota, Senior Managing Executive Officer, Member of Corporate Management Committee, Supervisor of Energy & Chemicals Div. and Power & Infrastructure Services Div., Marubeni Corporation. “Additionally, we aim to collaborate beyond this supply chain and strive towards the launch of a global market for low-carbon ammonia. We hope to continue to actively cooperate with ExxonMobil, with a view of utilizing this experience and relationship we have built to strategically decarbonize our power projects in Japan and Southeast Asia in the near future.”
By Japan’s fiscal year 2030, Kobe Power Plant aims to co-fire low-carbon ammonia with existing fuel, reducing CO2 emissions. Through this supply chain, Marubeni aims to assist the decarbonization of not only Japan’s power sector but also its hard-to-abate sectors, such as the steel manufacturing industry, chemical industry, transportation industry and others.
News Category:
-
Creating Value from Data: Maximizing performance in oil & gas with real-time analytics
(Webinar) - In an industry shaped by fluctuating market conditions and tight operational margins, oil & gas producers are increasingly relying on data-driven strategies ...
11-06-2025
-
Discover how waste can be transformed into valuable sustainable fuels and chemicals
(Webinar) - This session offers a detailed exploration of HTW® gasification technology, a proven solution for converting diverse feedstocks into clean syngas, which ...
05-06-2025
-
TotalEnergies has signed a Sale and Purchase Agreement (SPA) with HitecVision, a Norwegian investment company specialising in energy, for the sale of 50% of Polska Grupa ...
15-05-2025
-
LanzaJet and BioD announce feasibility study for SAF plant in Colombia
LanzaJet and BioD are pleased to announce the launch of a feasibility study to develop the first Sustainable Aviation Fuel (SAF) production plant in Colombia, setting ...
15-05-2025
-
Carbon Clean announces successful factory test of CycloneCC C1 technology at commercial scale in UK
Carbon Clean, a global leader in revolutionising carbon capture solutions, has announced today the successful factory testing of the world’s largest Rotating Packed ...
15-05-2025
-
Topsoe’s advanced SAF technology chosen by Zhongneng Yida in China
Topsoe, a leading global provider of advanced technology and solutions for the energy transition, has signed an agreement with Zhongneng Yida to provide its HydroFlex technology ...
15-05-2025
-
SAMSUNG E&A launch new hydrogen solution compassH2, utilising Nel’s electrolyser technology
SAMSUNG E&A, a total solutions provider for the global energy industry, announced today the launch of CompassH2, a next-generation green hydrogen production plant ...
15-05-2025
-
Eni selects ABB as main automation contractor for one of the first industrial CCS clusters in the UK
ABB has been selected by integrated global energy company Eni as the main automation contractor for HyNet, one of the UK’s first industrial decarbonisation clusters ...
14-05-2025
-
BASF becomes first producer of renewable ammonia in Central Europe
With two new renewable ammonia grades – renewable ammonia and renewable ammonia solution 24.5% – BASF further expands its sustainable product portfolio. BASF produces ...
13-05-2025
-
thyssenkrupp Uhde commissions EnviNOx®system for Covestro’s NAUCI project in China
thyssenkrupp Uhde is proud to announce the successful commissioning of its EnviNOx® system for Covestro Polymers (China) Co. Ltd. at their nitric acid plant in Shanghai ...
12-05-2025