Charlotte’s Nucor inks carbon-capture agreement with Exxon Mobil

Charlotte Business Journal
·1 min read

Exxon Mobil Corp. will capture, transport and store up to 800,000 metric tons per year from Charlotte-based Nucor Steel Corp.’s manufacturing site in Convent, Louisiana. A company announcement said the project will begin operations in 2026.

The agreement is the third such deal that Texas-based Exxon has announced in the past seven months. The company has agreements with U.K.-based oil and gas producer Linde and Deerfield, Illinois-based CF Industries, with the latter project also landing in Louisiana.

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Dan Ammann, president of ExxonMobil Low Carbon Solutions — the arm of the company that announced the deal — praised Exxon for reaching the milestone of 5 million metric tons of carbon dioxide transport and storage per year.

Read more here.

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