* Denka is accelerating its Carbon Neutrality Solutions Initiative
* Denka to install Transform Materials' microwave plasma technology
RIVIERA, FLA, and
A signing ceremony was held in
"Transform has helped us understand how microwave plasma technology makes it possible to produce acetylene gas with large volumes of hydrogen. The Project with Transform Materials is one of the most significant transformations in our company history since we started our business," said
"We are proud to be the solution of choice for Denka, who is actively working on bending down the curve of global warming by leveraging the power of green chemistry," said
Denka will install acetylene and hydrogen production facilities based on Transform's Plasma technology at Denka's Omuta, Fukuoka Plant (
Under Denka's eight-year management plan "Mission 2030," which started in fiscal 2023, Denka aims to further evolve its business portfolio into "three-star businesses" with all their business segments being built upon the three pillars of "Specialty," "Megatrends," and "Sustainability." In addition, as one of Denka's non-financial KPIs, it has also set a goal of reducing CO2 emissions by 60% (compared to fiscal 2013) and is proceeding with portfolio transformation by utilizing Transform Materials' green technology and establishing a low-carbon manufacturing process.
About Denka
Denka is a comprehensive chemical manufacturer focusing on organic materials, inorganic materials, electronic materials, functional and processed products, and pharmaceuticals. Since its founding in 1915, Denka has been contributing to the development of society and earning the trust of society through manufacturing based on the chemical industry. In 2015, the company celebrated its 100th anniversary and is accelerating its global business strategy for sustainable growth in the years to come.
For more information, please visit https://www.denka.co.jp/.
About Transform
Source:
Press release authentication below:
Denka press release: https://www.denka.co.jp/storage/news/pdf/1135/20230525_denka_mtoa.pdf
Transform Materials press release: https://www.transformmaterials.com/denka-joint-rd-agreement/
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