The facility is expected to be the world’s largest of its kind, capable of producing up to 1 billion ft3 daily of low-carbon hydrogen and more than 1 million tpy of low-carbon ammonia. A final investment decision by ExxonMobil is expected in 2025 with anticipated start-up in 2029, subject to supportive government policy, regulatory permitting, and market conditions.

“Our Baytown project continues to make significant strides, attracting more and more customer interest,” said Barry Engle, president of ExxonMobil Low Carbon Solutions. “We’re looking forward to working with Trammo on this first-of-its-kind project which would be a win for America’s Gulf Coast, creating jobs and enhancing US energy exports.”

Trammo SAS President Christophe Savi said: “Trammo is delighted to partner with ExxonMobil in the Baytown project and to sign this HOA. Both companies have a common interest in developing clean and decarbonised solutions for consumers worldwide, including the European market, and this partnership furthers Trammo’s goal of making available in the market significant volumes of low-carbon ammonia by 2030.”