About ExxonMobil
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.
The corporation’s primary businesses – Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants, and chemical companies in the world. ExxonMobil also owns and operates the largest CO2 pipeline network in the United States.
To learn more, visit exxonmobil.com and ExxonMobil’s Advancing Climate Solutions.
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About BASF
At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.
Cautionary Statement
Statements regarding future events, investments, contractual obligations, or partnerships in this release are forward-looking statements. Actual future results—including final investment decisions, project plans, partner participation, timing, capacities, and costs—may differ materially due to various factors. These include the ability to execute operational objectives successfully and on schedule; implementation of U.S. government frameworks for capture and storage, hydrogen, ammonia, and other lower-emission technologies; U.S. permitting policies, processes, and timing; timely completion of construction projects; commercial and consumer interest in lower-emission opportunities; changes in plans or objectives prior to final funding decisions or project startups; unforeseen technical or operational challenges; and other factors discussed under the heading Factors Affecting Future Results in the Investors section of our website at https://www.exxonmobil.com. Any forward-looking statement speaks only as of the date of this press release, and the companies named herein disclaim any obligation to update such statements.