[Japan] Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply

As of May 7, 2025, 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 Texas. [1] The facility is expected to produce carbon-free hydrogen with approximately 98% of CO2 removed and low-carbon ammonia. The ammonia will be supplied by Marubeni to Kobe Power Plant, a fully owned subsidiary of Kobe Steel. Marubeni also agree to acquire an equity stake in ExxonMobil’s low-carbon hydrogen and ammonia facility. The facility is expected to be the world’s largest of its kind, capable of producing up to 1 billion cubic feet (bcf) daily of low-carbon hydrogen, and more than 1 million tons of low-carbon ammonia per year. By Japan’s fiscal year 2030, Kobe Power Plant aims to co-fire low-carbon ammonia with existing fuel, reducing CO2 emissions.

[1] https://corporate.exxonmobil.com/news/news-releases/2025/0507_low-carbon-ammonia-deal-marks-major-step-in-unleashing-new-energy-supply