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Interview

Exxon to sell 'blue' ammonia to Asia from new Texas plant

Head of low-carbon business touts South Korea deal and opportunities in Japan

Exxon Mobil looks to build what is set to become one of the world's largest clean hydrogen plants in Baytown, Texas.   © Reuters

HOUSTON, U.S. -- Exxon Mobil will export ammonia to Asia, Dan Ammann, the head of its low-carbon solutions business, told Nikkei, anticipating demand for the clean-burning fuel from Japan and South Korea.

The oil supermajor plans to start up what Ammann said would be the world's largest low-carbon hydrogen production facility as early as 2027 near Houston, Texas. It awarded the early design contract for the plant last month, and plans to make a final investment decision next year.

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