01-06-2023
ExxonMobil and Nucor Corporation sign carbon capture agreement reaching 5 MTA milestone
ExxonMobil Low Carbon Solutions’ newest carbon capture and storage agreement – with Nucor Corporation, one of North America’s largest steel producers – demonstrates our continued momentum in helping industrial customers reduce emissions.
We will capture, transport and store up to 800,000 metric tons per year of CO2 from Nucor’s manufacturing site in Convent, Louisiana. The site produces direct reduced iron (DRI), a raw material used to make high-quality steel products including automobiles, appliances and heavy equipment.
It’s the third carbon capture agreement we’ve announced in the past seven months, following previous ones with industrial gas company Linde and CF Industries, maker of agricultural fertiliser.
It also marks a milestone – bringing the total CO2 we’ve agreed to transport and store for third-party customers to 5 million metric tons per year (MTA). That’s equivalent to replacing approximately 2 million gasoline-powered cars with electric vehicles*, which is roughly equal to the total number of EVs on US roads today.
“Our agreement with Nucor is the latest example of how we’re delivering on our mission to help accelerate the world's path to net zero and build a compelling new business,” said Dan Ammann, president of ExxonMobil Low Carbon Solutions. “Momentum is building as customers recognise our ability to solve emission challenges at scale.”
The Nucor project, expected to start up in 2026, will tie into the same CO2 transportation and storage infrastructure as utilised by our CF Industries project, and supports Louisiana’s objective of reaching net-zero CO2 emissions by 2050.
As outlined in our recent Low Carbon Solutions Spotlight event, we are focused on developing and deploying emissions solutions for the energy-intensive sectors of the economy, including industries like steel.
News Category:
-
Clariant's MegaZonE™ technology delivers strong performance at CNOOC's methanol plant
Clariant, a sustainability-focused specialty chemical company, today announced that its MegaZonE technology is delivering excellent performance on the methanol plant ...
23-07-2024
-
Borouge, ADNOC and Borealis agreement for speciality polyolefins complex in China
Borouge Plc, a leading petrochemicals company providing innovative and differentiated polyolefins solutions, today announced an acceleration of its growth plans in its ...
23-07-2024
-
ClearSign Technologies announces order for multi heater project for Texas petrochemical facility
ClearSign Technologies Corporation, an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while ...
22-07-2024
-
Shell Blue Horizons project selects Blue ammonia technology from KBR
KBR announced today its blue ammonia technology has been selected by Shell for its Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman. The facility will ...
22-07-2024
-
IPSMR® process technology delivers first LNG at New Fortress Energy’s Fast LNG project
Chart Industries Inc, a leading global solutions provider to clean energy and industrial gas markets, announces that its Integrated Pre-Cooled Single Mixed Refrigerant ...
22-07-2024
-
Linggu Chemical awards Stamicarbon contract to improve energy efficiency of a urea plant
Stamicarbon, the nitrogen technology licensor of MAIRE S.p.A, has been selected by Linggu Chemical Co. Ltd, a leading Chinese manufacturer of agricultural chemical products, ...
22-07-2024
-
McDermott selected for the first commercial green hydrogen and ammonia production facility
McDermott has been awarded an Early Contractor Involvement agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation project located ...
17-07-2024
-
ExxonMobil introduces Enable™ 1617 performance polyethylene
ExxonMobil today announced the launch of its Enable™ 1617 performance polyethylene (PE) grade. Ideal for thin-gauge hand wrap applications, the new resin is designed ...
17-07-2024
-
Rompetrol modernises delayed coking unit at Petromidia refinery
Rompetrol Rafinare, a KMG International Group member company, has recently finalized modernizing the Delayed Coking Unit of the Petromidia refinery, by implementing a ...
17-07-2024
-
Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the launch of HxGN SDx2, a cloud-native, ...
17-07-2024