MITSUBISHI CORPORATION


Associated tags: Food industry, Corporation, Mitsubishi Group, Mitsubishi Corporation, Natural gas, MC, Carbon

Locations: SUN, KYOTO, LAWSON, MC, TOKYO, JAPAN

Mitsubishi Corporation and Amogy with SK Innovation join forces to unlock the potential of Amogy's ammonia cracking technology in Japan and South Korea

Retrieved on: 
Wednesday, December 20, 2023

Upon the completion of the initial phase, three companies are looking to explore joint pilot opportunities in the strategic regions.

Key Points: 
  • Upon the completion of the initial phase, three companies are looking to explore joint pilot opportunities in the strategic regions.
  • Ammonia, a versatile and widely used chemical compound, has emerged as a promising renewable fuel and a cost-effective carrier of hydrogen.
  • In addition, Amogy's ammonia cracking technology is expected to have high potential to be utilized as hydrogen carrier in large-scale transportation.
  • Both Mitsubishi Corporation and SK Innovation have participated in Amogy's recent $150M Series B fundraising which was led by SK Innovation.

Mitsubishi Corporation Announcement Sale of Australian Metallurgical Coal Assets

Retrieved on: 
Wednesday, October 18, 2023

The Daunia and

Key Points: 
  • The Daunia and
    Blackwater mines are part of the BMA joint venture, which MDP and
    thermal and metallurgical coal assets in New South Wales.
  • high-quality metallurgical coal from the remaining BMA assets,
    which form a core part of our mineral resources portfolio.
  • high-quality metallurgical coal and iron ore.
  • Moreover, MC will
    business in metals and minerals underpinning electrification, such
    a footprint in a future circular economy.

Indonesia's Tangguh Expansion Project Commences LNG Shipment

Retrieved on: 
Friday, October 20, 2023

TOKYO, Oct 20, 2023 - (JCN Newswire) - We, the joint venture partners of the Tangguh LNG Project led by bp, the project operator, are pleased to announce that the new liquefaction train (Train 3) of the Tangguh Expansion Project in Papua Barat Province, Indonesia, has started commercial operation and first shipment of liquefied natural gas (LNG) produced by Train 3 has safely sailed from the Tangguh site.

Key Points: 
  • TOKYO, Oct 20, 2023 - (JCN Newswire) - We, the joint venture partners of the Tangguh LNG Project led by bp, the project operator, are pleased to announce that the new liquefaction train (Train 3) of the Tangguh Expansion Project in Papua Barat Province, Indonesia, has started commercial operation and first shipment of liquefied natural gas (LNG) produced by Train 3 has safely sailed from the Tangguh site.
  • Tangguh expansion project, which took six-and-a-half-year to complete, at peak saw over 13,500 workers mobilized through its development and construction.
  • The Tangguh Expansion Project will play an important role in supporting Indonesia's growing energy demand, where up to 2.8 MTPA of LNG produced by Train 3 will be supplied to Indonesia's state owned power generator PT.
  • The joint venture partners of the Tangguh LNG Project are also planning the next phase of development including a carbon capture utilization and storage (CCUS) project as they seek to contribute to the reduction of CO2 emissions from LNG production.

Honda and MC Sign MoU to Explore New Businesses in EV Age

Retrieved on: 
Thursday, October 12, 2023

The two companies will explore the possibility of new businesses with a goal to increase the value offered to customers through their EV and EV battery business.

Key Points: 
  • The two companies will explore the possibility of new businesses with a goal to increase the value offered to customers through their EV and EV battery business.
  • This new business would aim to maximize the value of batteries to be installed in Honda mini-EV models, that are scheduled to begin sales in Japan in 2024.
  • (1) Smart charging systems automatically adjust the timing of EV charging to avoid peak load periods and optimize energy consumption.
  • "We understand that the convergence of different sectors such as mobility, energy, services and data is an irreversible trend.

Yatsushiro City, Kyushu Electric Power Co., Inc., NTT Anode Energy Co., Ltd., and Mitsubishi Corporation Conclude a Partnership Agreement to Expedite Carbon Neutrality in Yatsushiro City

Retrieved on: 
Friday, September 1, 2023

TOKYO, Sept 1, 2023 - (JCN Newswire) - Yatsushiro City, Kyushu Electric Power Co., Inc. (hereinafter "Kyushu Electric Power"), NTT Anode Energy Corporation (hereinafter "NTT Anode Energy"), and Mitsubishi Corporation (hereinafter "MC") are pleased to announce our signing of an agreement to strengthen collaboration and accelerate efforts to grow the use of renewable energy, thereby helping to expedite Yatsushiro City's transition to carbon neutrality.

Key Points: 
  • TOKYO, Sept 1, 2023 - (JCN Newswire) - Yatsushiro City, Kyushu Electric Power Co., Inc. (hereinafter "Kyushu Electric Power"), NTT Anode Energy Corporation (hereinafter "NTT Anode Energy"), and Mitsubishi Corporation (hereinafter "MC") are pleased to announce our signing of an agreement to strengthen collaboration and accelerate efforts to grow the use of renewable energy, thereby helping to expedite Yatsushiro City's transition to carbon neutrality.
  • The work therein includes leveraging new digital technologies to help the city address its abovementioned challenges and achieve carbon neutrality.
  • To help expedite Yatsushiro City's carbon-zero transition, our four parties have agreed to collaborate in the following areas:
    1.
  • Leveraging renewable energy to make Yatsushiro a more resilient city that is less vulnerable to natural disasters.

Mitsubishi Corporation: Participation of Sempra Infrastructure to the Detailed Study regarding the Introduction of e-methane to Japan Utilizing Cameron LNG Terminal

Retrieved on: 
Wednesday, August 30, 2023

The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.

Key Points: 
  • The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.
  • With the addition of Sempra Infrastructure, the companies seek to advance the energy transition through the global market of liquified e-methane.
  • "Sempra Infrastructure is excited to bring its essential infrastructure development experience to this collaboration with Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Corporation.
  • The proposed project is anticipated to produce 130,000 tonnes of e-methane per year that would be liquified to become liquified e-methane at the Cameron LNG terminal in Southwest Louisiana and exported to Japan.

Cargill and BAR Technologies’ Ground-Breaking Wind Technology Sets Sail, Chartering a New Lower-Carbon Path for the Maritime Industry

Retrieved on: 
Monday, August 21, 2023

Cargill and BAR Technologies’ ground-breaking innovation, BAR Tech WindWings by Yara Marine sets sail on open waters, testing new technology that will bring cutting edge wind propulsion to commercial shipping for the first time.

Key Points: 
  • Cargill and BAR Technologies’ ground-breaking innovation, BAR Tech WindWings by Yara Marine sets sail on open waters, testing new technology that will bring cutting edge wind propulsion to commercial shipping for the first time.
  • View the full release here: https://www.businesswire.com/news/home/20230820864494/en/
    Cargill and BAR Technologies’ ground-breaking wind technology sets sail, chartering a new lower-carbon path for the maritime industry.
  • “The maritime industry is on a journey to decarbonize—it's not an easy one, but it is an exciting one,” said Jan Dieleman, President of Cargill’s Ocean Transportation business.
  • Wind is a near marginal cost-free fuel and the opportunity for reducing emissions, alongside significant efficiency gains in vessel operating costs, is substantial.

Launch of Grid-Scale Battery Operations to Effectively Utilize Solar Power in Fukuoka

Retrieved on: 
Wednesday, July 19, 2023

The aim of this system is to promote renewable energy as a major power supply by minimizing solar power curtailment*.

Key Points: 
  • The aim of this system is to promote renewable energy as a major power supply by minimizing solar power curtailment*.
  • In addition to minimizing solar power curtailment, business feasibility of multi-use of batteries in various power markets such as spot markets, supply-demand adjustment markets, and capacity markets.
  • Towards realizing effective use of renewables by minimizing curtailment, trials to simultaneously charge equal volumes of renewable generated by solar power plants in remote locations to this battery storage system.
  • In the meantime, we shall continue to do our part to help minimize solar power curtailment and investigate ways to grow our businesses in the future.

Pilot Project for Lifelog-based Health Services in Muraoka-Fukasawa District

Retrieved on: 
Friday, June 9, 2023

The trials are being run primarily in the Muraoka-Fukasawa District, which spans the cities of Fujisawa and Kamakura.

Key Points: 
  • The trials are being run primarily in the Muraoka-Fukasawa District, which spans the cities of Fujisawa and Kamakura.
  • Considering that interests in this district have been engaged in discussions on urban development work that focuses on health-related innovations, this pilot project is a good fit.
  • Its objectives are to help realize the shared vision of those interests to rebuild the district with advanced services and accelerate next-generation, health-monitoring capabilities that make effective use of personal health records.
  • This project also includes trials aimed at making the district's residents more aware of their own health and verifying the feasibility of establishing lifelog-based services in the newly developed communities.

Tokyo Kiraboshi FG and MC Sign Business Alliance Agreement

Retrieved on: 
Wednesday, May 31, 2023

TOKYO, May 31, 2023 - (JCN Newswire) - Tokyo Kiraboshi Financial Group, Inc. (Kiraboshi FG) and Mitsubishi Corporation (MC) are pleased to announce our signing of a business alliance agreement, the details of which are outlined below.

Key Points: 
  • TOKYO, May 31, 2023 - (JCN Newswire) - Tokyo Kiraboshi Financial Group, Inc. (Kiraboshi FG) and Mitsubishi Corporation (MC) are pleased to announce our signing of a business alliance agreement, the details of which are outlined below.
  • By signing this agreement, Kiraboshi FG and MC are demonstrating our commitment to work with business partners who are keen to collaborate with us to enhance its own services.
  • Kiraboshi FG boasts a wealth of know-how and services in the digital-finance sector, while MC counts a broad scope of practical business experience and networks among its many strengths.
  • Kiraboshi FG: Kiraboshi FG will provide our alliance's partners with embedded-finance services by leveraging its highly flexible and functional digital financial services.