ExxonMobil has reaffirmed its strong commitment for low carbon solutions, having today (6th Oct) increased its participation in the Acorn carbon capture project located in Scotland, UK.
The multinational oil and gas firm has inked an expression of interest to capture, transport and store carbon dioxide (CO2) for its Fife Ethylene Plant as part of its commitment to the project which wants to capture and store ten million metric tonnes of CO2 by 2030.
When further developed, it is hoped this will be expanded to 20 million metric tonnes annually by the mid-2030s. Alongside ExxonMobil’s ethylene plane, Grangemouth Refinery and Mossmorran facilities will also play a part in this.
Commenting on the company’s involvement, Joe Blommaert, President of ExxonMobil Low Carbon Solutions, said, “The application of carbon capture and storage technology at the Fife Ethylene Plant demonstrates our commitment to reducing CO2 emissions from the industrial sector.”
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