Exxon And Mitsubishi Join Forces On Carbon Capture Technology

Exxon And Mitsubishi Join Forces On Carbon Capture Technology - Carbon Herald
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Exxon Mobil and Japan’s Mitsubishi Heavy Industries (MHI) announced they will be partnering up to use MHI’s carbon capture technology.

The technology will be used for Exxon’s end-to-end carbon capture and storage (CCS) solution.

With its help, Exxon hopes to reduce the cost of capturing the carbon dioxide emissions from heavy emitters in industry and the effort will be supported by Japan’s Kansai Electric Power Co (KEPCO).

Together, Exxon and Mitsubishi Heavy will combine their years of experience and strengths to help advance a low-carbon future.

“We look forward to partnering with ExxonMobil to continue advancing carbon capture technologies to provide essential carbon neutrality solutions for various industries,” said Kenji Terasawa, president and CEO, Mitsubishi Heavy Industries Engineering, Ltd.

Mitsubishi Heavy Industries and ExxonMobil have previously partnered on constructing some of the largest petrochemical facilities in Singapore and Baytown, Corpus Christi. The new carbon capture partnership is another step in both companies’ efforts to decarbonize their activities.

Read more: Mitsubishi Heavy Is Making Mini Carbon Capture For Small Emitters

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