Category: Mitsubishi

  • Japan’s Mitsubishi to buy stake, offtake ammonia from ExxonMobil in Texas By Reuters

    TOKYO (Reuters) – Japan’s Mitsubishi Trading Co said on Friday it had reached a preliminary agreement to buy a stake in Exxon Mobil Corp’s hydrogen facility in Texas and source low-carbon ammonia from it. As part of its decarbonization drive, Japan aims to increase the use of hydrogen and its…