Linde and ExxonMobil sign carbon dioxide offtake agreement
Linde, an industrial gases and engineering company, has made a long-term agreement with ExxonMobil, an energy and petrochemical company, for the offtake of carbon dioxide associated with Linde’s new clean hydrogen production in Beaumont, Texas, US.
Under the terms of the agreement, ExxonMobil is expected to transport and permanently store up to 2.2 million metric tonnes of carbon dioxide each year from Linde’s hydrogen production facility, equivalent to the emissions from nearly half a million cars per year.
Dan Yankowski, Senior Vice President Americas, Linde, said: “Clean hydrogen is a key enabler of industry’s transition to a low-carbon economy. Working with ExxonMobil as the carbon dioxide off-taker at our Beaumont project supports Linde’s strategy to decarbonise customer processes while safely and reliably supplying low-carbon hydrogen at scale.”
Dan Ammann, President of ExxonMobil Low Carbon Solutions, commented: “ExxonMobil’s agreement with Linde underscores our growing momentum in providing industrial customers with large-scale solutions to sequester carbon dioxide emissions. Linde’s Beaumont clean hydrogen project is another significant step towards achieving heavy industry’s decarbonisation and net zero goals.”
In March this year, Linde announced that it will build, own, and operate an on-site complex to supply clean hydrogen and nitrogen to OCI Global’s new world-scale blue ammonia plant in Beaumont, Texas.
Linde’s new facility is expected to start up in 2025 and will be integrated into its extensive US Gulf Coast industrial gas infrastructure. It will supply clean hydrogen to new and existing off-takers across the network.