USA — ExxonMobil has announced its fourth carbon capture and storage (CCS) agreement with a major industrial customer, further solidifying its leadership in emissions-reduction technology.
The latest agreement involves CF Industries, a producer of nitrogen products for agricultural fertilisers, at their complex in Yazoo City, Mississippi.
The project aims to transport and permanently store up to 500,000 metric tonnes of CO2 annually, significantly reducing the site’s CO2 emissions by up to 50 per cent.
The startup is planned for 2028.
With this new agreement, ExxonMobil’s total CO2 storage commitments for customers have reached up to 5.5 million metric tonnes per year (MTA).
This is equivalent to replacing approximately two million gasoline-powered cars with electric vehicles, surpassing the total number of EVs sold in the United States in 2023.
No other company has announced CCS commitments of this magnitude.
Dan Ammann, President of ExxonMobil Low Carbon Solutions, emphasised the company’s dedication to expanding carbon capture, stating: “Our agreement with CF Industries is the latest example of how we can help industrial customers make significant progress, quickly and economically.”
This project marks ExxonMobil’s second CCS initiative with Illinois-based CF Industries and the first in Mississippi.
Former Governor Haley Barbour highlighted in a recent op-ed that carbon capture can support the state’s economic growth while reducing emissions.
ExxonMobil has over 30 years of experience in carbon capture and operates the largest CO2 pipeline network in the United States.
The first site to connect to this network will be CF Industries’ facility in Donaldsonville, Louisiana, with startup on track for 2025. This project will sequester up to two million tonnes of CO2 annually.
Tony Will, President and CEO of CF Industries, expressed enthusiasm for the partnership, stating: “We are really pleased to expand our relationship with ExxonMobil for our second CCS project together as their leading expertise helps accelerate our decarbonisation journey.”
CF Industries is investing approximately $100 million into its Yazoo City complex to build a CO2 dehydration and compression unit, enabling the capture and storage of up to 500,000 metric tonnes of CO2 generated as a byproduct of ammonia production.
This initiative will help CF Industries achieve its 2030 emissions intensity reduction goal and increase the availability of lower-carbon nitrogen products for customers focused on reducing their carbon footprint.
The Yazoo City CCS project represents a significant step in CF Industries’ mission to provide clean energy and sustainably feed and fuel the world.
By leveraging CCS technologies, CF Industries aims to stay at the forefront of low-carbon ammonia production and meet the growing demand for products with lower carbon intensity in the agriculture and mining industries.
