ExxonMobil signs CCS agreement with CF Industries

ExxonMobil has signed a carbon capture and storage (CCS) agreement with agriculture fertilizer company CF Industries, the company announced on July 25.

Under the agreement, ExxonMobil will transport and permanently store up to 500,000 tonnes/year of captured CO2 from CF Industries’ complex in Yazoo City, Mississippi, which produces nitrogen products for agricultural fertilizer and other essential products. The project will enable CF Industries to reduce the site’s CO2 emissions by up to about 50%. Startup is planned for 2028.

This is the fourth CCS agreement that ExxonMobil has signed with a major industrial customer. With this agreement, the total CO2 ExxonMobil has agreed to store for customers is up to 5.5mn tonnes/year. This is also ExxonMobil’s second CCS project with Illinois-based CF Industries and the first in Mississippi.