Mitsubishi Corporation is considering investing in a hydrogen and ammonia production facility being developed by ExxonMobil to bolster its efforts in the clean energy sector. The partnership would leverage Exxon’s vast resources and Mitsubishi’s expertise in various industries to pursue sustainable solutions.
This facility is part of Exxon’s broader strategy to reduce carbon emissions, aligning with global efforts to combat climate change. Hydrogen and ammonia are critical to decarbonizing industries like transport and power generation. By combining their skills and resources, Exxon and Mitsubishi hope to play a significant role in the transition to cleaner energy.