![]() The project would form ExxonMobil’s initial contribution to a broad, cross-industry effort to establish a Houston carbon capture and storage hub with an initial target of about 50 million metric tons of CO 2 per year by 2030, and 100 million metric tons by 2040. Access to surplus hydrogen and CO 2 storage capacity would be made available to nearby industry. It also would enable the site to manufacture lower-emissions products for its customers. ![]() Using hydrogen as a fuel at the Baytown olefins plant could reduce the integrated complex’s Scope 1 and 2 CO 2 emissions by up to 30%, supporting ExxonMobil’s ambition to achieve net zero greenhouse gas emissions from its operated assets by 2050. The carbon capture infrastructure for this project would have the capacity to transport and store up to 10 million metric tons of CO 2 per year, more than doubling ExxonMobil’s current capacity. The proposed hydrogen facility would produce up to 1 billion cubic feet per day of “blue” hydrogen, which is an industry term for hydrogen produced from natural gas and supported by carbon capture and storage. “By helping to activate new markets for hydrogen and carbon capture and storage, this project can play an important part in achieving America’s lower-emissions aspirations.” “Hydrogen has the potential to significantly reduce CO 2 emissions in vital sectors of the economy and create valuable, lower-emissions products that support modern life,” said Joe Blommaert, president of ExxonMobil Low Carbon Solutions. IRVING, Texas-( BUSINESS WIRE)-ExxonMobil said today it is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry. ![]()
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