Mitsubishi and ExxonMobil Sign Low-Carbon Hydrogen Deal

Mitsubishi Corporation and ExxonMobil have signed an agreement for a Texas facility to produce nearly carbon-free hydrogen and low-carbon Ammonia. The project, set to be the largest of its kind, will produce up to 1 billion cubic feet of hydrogen and over 1 million tons of Ammonia annually. Mitsubishi will use the ammonia in Japan and partner with Idemitsu Kosan.