Exxon Agrees to Supply Japan's Marubeni With Low-Carbon Ammonia
Published by Todd Bush on May 8, 2025
Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni, the U.S. oil producer said on Wednesday, representing Exxon's first signed customer agreement for its planned hydrogen facility in Baytown, Texas.
The agreement is a step forward in Exxon’s effort to build the world’s largest low-carbon hydrogen facility at its Baytown refining and chemical complex, which has experienced delays.
>> In Other News: Elcogen and Casale SA Collaborate to Drive Innovation in Green Ammonia and Sustainable Energy
Hydrogen, which can be produced from natural gas, is a clean fuel that produces water when it is burned, while ammonia can be used as a carrier for hydrogen, allowing it to be shipped in liquid form. Carbon dioxide from the production of hydrogen will be captured and stored underground, the company said.
Barry Engle, President of Low Carbon Solutions at Exxon, said, "This is another positive step forward for our landmark project."
The customer agreement with Marubeni is contingent on whether Exxon makes its final investment decision to move forward with the Baytown hydrogen facility. Exxon said it expects to make that decision this year, which depends on favorable government policy and regulatory permits.
Marubeni will also take an equity stake in Exxon’s Baytown hydrogen facility, the companies said. An Exxon spokesperson declined to specify the percentage of the stake.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
The Island That Couldn't Make Its Own Fuel Just Did
Inside This Issue ✈️ Par Pacific's Kapolei Biorefinery Is Now Making SAF in Hawaii ⛽ IRFA Confident Year-Round E15 Will Receive Strong, Bipartisan Support During May 13 House Vote 🛩️ LanzaTech Sel...
-
This Electrolyzer Costs 50% Less Than PEM. It Shipped.
Inside This Issue ⚙️ Horizon's 5MW AEM Delivery to Rockcheck Steel Marks a Commercial First 🗺️ Verra Selects Data Service Providers to Produce REDD Risk Maps 🟢 More Green Hydrogen on Its Way 🔌 Ten...
-
California Bets $11m on DAC. The Catch?
Inside This Issue 🌬️ California Commits $11 Million To Advance Direct Air Capture Demonstration Projects 🤝 Colorado And Wyoming Sign Agreement To Coordinate Carbon Storage Permitting 🧪 Deep Tech S...
Company Announcements
-
MUNICH, May 11, 2026 /PRNewswire/ -- At IFAT Munich 2026, Vary Tech, a global leader in solid waste resource utilization, together with Evonik and SupeZET, officially launched a full-industry chain...
-
Greenlane Signs Definitive Agreements With Panasonic As Cascade LF Production Partner In Brazil
~Partnership establishes local production facility to fulfill Brazilian demand for Greenlane's next-generation landfill gas upgrading technology~ VANCOUVER, BC, May 11, 2026 /CNW/ - Greenlane Rene...
-
Fusion Fuel Announces BioSteam Energy Has Begun Commercial Operations
Majority-Owned Joint Venture Begins Biomass-Powered Steam Operations at Dairy Facility in South Africa, With Right of First Refusal on Future Projects Dublin, May 11, 2026 (GLOBE NEWSWIRE) -- Fusi...
-
€500 Million Project Targets 79 000 Tonnes of Sustainable Aviation Fuel and 9 000 Tonnes of Renewable Diesel Annually GHENT, Belgium, May 11, 2026 (GLOBE NEWSWIRE) -- North Sea Port is delighted t...