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January 24, 2026
Latham Advises ExxonMobil in Transaction With Air Liquide on World’s Largest Low-Carbon Hydrogen Project
1 min
AI-made summary
- ExxonMobil has reached an agreement with Air Liquide to advance the production of low-carbon hydrogen and ammonia at its Baytown, Texas facility
- The planned facility is set to become the world’s largest hydrogen production site, capable of producing one billion cubic feet of low-carbon hydrogen daily and over one million tons of ammonia annually, while capturing more than 98% of related CO2 emissions
- Latham & Watkins LLP advised ExxonMobil on the transaction.
ExxonMobil has announced an agreement with Air Liquide to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The planned hydrogen production facility will be the world’s largest, expected to produce one billion cubic feet of low-carbon hydrogen daily and more than one million tons of ammonia annually while capturing more than 98% of associated CO2 emissions. Latham & Watkins LLP advised ExxonMobil in the transaction with a Houston-based deal team led by partners Chris Peponis and Justin T. Stolte, with associates Shawn Beloin and Jeffrey Romano. Advice was provided on tax matters by Houston partner Jim Cole; and on environmental matters by Orange County partner Josh Bledsoe.~~
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