Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical enter basic agreement to promote decarbonization of ethylene production in western Japan
ASAHI KAISEI CRP UNSP/ADR (AHKSY)
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Source: Business Wire
Leveraging METI’s “Fiscal 2025 Support Program for Energy and Manufacturing Process Conversion in Hard-to-Abate Industries” TOKYO--(BUSINESS WIRE)--Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have explored measures to promote decarbonization and optimize production capacity for their two ethylene manufacturing facilities in western Japan.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260127526951/en/Conceptual diagram of future ethylene production frameworkTo achieve these goals, the three companies applied for and were selected for the “Fiscal 2025 Support Program for Energy and Manufacturing Process Conversion in Hard-to-Abate Industries” (HtA Support Program) by the Ministry of Economy, Trade and Industry (METI) to promote initiatives such as the use of biomass feedstock as an alternative to petroleum-derived resources.The three companies have signed a basic agreement to establish a new joint operating enti
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