Japan's Mitsui, others to jointly study hydrogen, ammonia supply chain in Osaka
August 29, 2023 at 11:30 pm EDT
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TOKYO (Reuters) - Japan's Mitsui & Co, Mitsui Chemicals, IHI Corp and Kansai Electric Power Co will conduct a joint study for establishing a hydrogen and ammonia supply chain in the Osaka coastal industrial zone, the companies said.
The announcement on Wednesday comes a day after Eneos and Osaka Gas said they would study construction of a large e-methane facility - based on green hydrogen - and to be located in the Osaka Bay area.
The four companies would study options for receiving, storing and supplying ammonia - which can be used in power generation among other fields - in the Osaka area to potentially expand its usage in the Kansai and nearby Setouchi regions.
Hydrogen and ammonia, which do not emit CO2 when burning, are an important part of Japan's energy security strategy to reduce usage of traditional fossil fuels. Mitsui is Japan's biggest ammonia importer.
(Reporting by Katya Golubkova; Editing by Rashmi Aich)
Mitsui Chemicals, Inc. specializes in the manufacture and marketing of chemicals products. Net sales break down by product family as follows:
- basic chemicals and fine chemicals products (48.8%): polypropylene, polyethylene, phenols, polyolefins, polyurethane, etc.;
- performance chemicals products (25.5%): elastomers, urethane, polymers, etc. intended in particular for the automotive industry;
- coating materials, films and agrochemicals (14.6%): resins, adhesives, polypropylene films, polyethylene films, industrial films, agrochemicals (insecticides, fungicides, herbicides, etc.) for the food and packaging sectors;
- specialty materials (10.2%): ophthalmic lens materials, photochromic materials, non-woven fibers, dental products, etc. dedicated to the medical and healthcare industry;
- other (0.9%).
Net sales are distributed geographically as follows: Japan (52.2%), China (14.5%), Asia (13.6%), America (11.8%), Europe (7.3%) and other (0.6%).