ExxonMobil, Mitsubishi Heavy form carbon capture tech alliance
US energy major ExxonMobil and Japan’s Mitsubishi Heavy Industries (MHI) have joined forces to deploy carbon capture and storage (CCS) solutions for industrial customers, they said on November 30.
The companies will use MHI’s CO2 capture technology as part of ExxonMobil’s end-to-end CCS solution for industrial customers.
ExxonMobil and MHI have agreed to leverage their combined operating and engineering experience and core science capabilities with support from Kansai Electric Power Co. (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 process is the only liquid amine carbon capture technology commercially demonstrated at greater than 1mn metric tons/year, the companies said.