In Japan, Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have decided to perform a joint feasibility study on feedstock and fuel conversion at the three companies’ ethylene production facilities in western Japan in order to advance carbon neutrality and lead the decarbonization of society.
In order to achieve carbon neutrality by 2050 in accordance with the target set forth by the Japanese government, Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have each adopted policies to become carbon-neutral by 2050 by reducing GHG emission targets to effectively zero, and each is advancing measures to reduce energy consumption and apply technological development for low-carbon feedstock and fuel.
The joint feasibility study is expected to raise the speed and efficiency of the transition to carbon neutrality of the companies’ ethylene production facilities and each company’s petrochemical products.
Moving forward, the three companies will study concrete measures that contribute to the transition to carbon neutrality such as replacing petroleum-derived resources with biomass feedstock, conversion to low-carbon fuel, while also studying optimal future production arrangements.
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Tags: carbon neutrality, Japan
Category: Fuels
