Mitsubishi Corporation (hereinafter “Mitsubishi Corporation”) was officially selected for two overseas CCS projects submitted in collaboration with other companies in an open call for the Reiwa 6 “design work, etc. related to advanced CCS business” conducted by the Independent Administrative Institution Energy, Metals and Mineral Resources Organization (hereinafter “JOGMEC”).
The projects that have been officially adopted this time are as follows.
Project name | Oceania CCS business | CCS project off the northern part of the Malay Peninsula |
partners (in no particular order) | Mitsubishi Corporation Nippon Steel Co., Ltd. ExxonMobil Asia Pacific Pte. Ltd. Mitsubishi Chemical Co., Ltd. Mitsubishi Corporation Clean Energy Co., Ltd. | Mitsubishi Corporation ENEOS Co., Ltd. JX Petroleum Exploration Co., Ltd. JFE Steel Co., Ltd. Cosmo Oil Co., Ltd. Nippon Catalyst Co., Ltd. PETRONAS CCS Solutions Sdn Bhd |
Emission source | Multiple industries in the Ise Bay/Chubu region | Multiple industries in the Tokyo Bay Area |
others | Accepted in continuation of last year | - |
Please refer to the attached release for details of each investigation.
Mitsubishi Corporation Materiality (Key Issues)
Based on the corporate philosophy “Three Principles,” Mitsubishi Corporation has developed together with society by contributing to the sustainable development of society through business and working to create value. In order to continuously create MC Shared Value (Co-Creation Value), which we aim for in the “Mid-Term Management Strategy 2024,” we will strengthen our efforts for sustainable growth using “materiality,” which is an important social issue that we are solving, as a guideline. This project is an initiative that contributes to “contributing to a decarbonized society” and “realizing a sustainable and stable society and lifestyle” of the six material issues related to “realizing a carbon-neutral society and a rich lifestyle” that we aim for through business activities.
- Oceania CCS Project (619KB)
- Northern Malay Peninsula CCS Project (117KB)
Contact information for inquiries regarding news releases
Mitsubishi Corporation Public Relations Department Press TeamTEL: 03-3210-2171