United States – Together with Mitsubishi Heavy Industries (MHI), ExxonMobil is offering industrial customers an end-to-end carbon capture and storage (CCS) solution that incorporates MHI’s CO2 capture technology.
With the help of the Kansai Electric Power Co. (KEPCO), the firms have committed to combine their operating, engineering, and core scientific expertise in order to promote carbon capture technologies that could lower the cost of CO2 collection for heavy-emitting industrial customers. The collaborative endeavor will expand on the KM CDR Process and Advanced KM CDR Process, created by MHI and KEPCO, the first liquid amine carbon capture method commercially demonstrated at more than 1 million metric tons per year.
ExxonMobil has more than 30 years of experience securely injecting CO2 into geological formations after capturing and transferring it. The largest post-combustion CO2 capture technology licensee in the world, Mitsubishi Heavy Industries has been working on this technology for more than three decades. The company has deployed 14 commercial CO2 capture systems across the globe.
Over the past 20 years, ExxonMobil and MHI have collaborated to construct large-scale petrochemical operations in Baytown, Corpus Christi, and Singapore. The companies’ dedication to creating answers for the energy transition on their journeys to net zero is continued through this CCS alliance.