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Exxon freezes plans to build hydrogen plant due to weak demand

  • Last Updated on November 24, 2025

Exxon Mobil has suspended plans to build one of the world’s largest hydrogen production plants due to weak consumer demand, CEO Darren Woods told Reuters. In 2022, Exxon announced plans to build a plant at its refining and chemical complex in Baytown, Texas. The plant was expected to produce 1 billion cubic feet of “blue” hydrogen per

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