ExxonMobil, MHI Form Carbon Capture Technology Alliance
ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.
The joint effort combines ExxonMobil’s and MHI’s years of expertise in the industry and strengthens the companies’ ability to provide customers with solutions that will help advance the energy transition. By working together, the companies will provide industrial customers with the confidence that their CCS projects will be designed, built and executed effectively.
The companies have agreed to leverage their combined operating and engineering experience and core science capabilities with the support from The Kansai Electric Power Co., Inc. (KEPCO) to advance carbon capture technologies that could reduce the cost of CO2 capture for heavy-emitting industrial customers. The joint effort will build upon KM CDR Process® and Advanced KM CDR Process®, developed by MHI and KEPCO, the only liquid amine carbon capture technology commercially demonstrated at greater than 1 million metric tons per year.
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