Marubeni Corporation and Exxon Mobil Corporation have entered into a significant agreement for the supply of approximately 250,000 tonnes of low-carbon ammonia annually from ExxonMobil's facility in Baytown, Texas, to Japan. This ammonia will be used mainly by the Kobe Power Plant, a subsidiary of Kobe Steel, Ltd. Marubeni will also acquire an equity stake in ExxonMobil's low-carbon hydrogen and ammonia facility. The facility in Baytown is expected to be the largest in the world upon startup, producing virtually carbon-free hydrogen and over 1 million tons of low-carbon ammonia yearly, pending necessary approvals expected in 2025. This collaboration aims to establish a global low-carbon ammonia supply chain to support Japan's decarbonization goals. Marubeni plans to contribute to decarbonization efforts not only in Japan's power sector but also in hard-to-abate sectors like steel manufacturing and transportation. The cooperation between Marubeni and ExxonMobil marks a positive step towards creating sustainable energy solutions and fostering job opportunities.