
Decarbonization: Japanese Chemical Companies Cooperate
Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical have signed an agreement in principle to establish a new joint operating company for the two ethylene production plants in western Japan.

Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical have signed an agreement in principle to establish a new joint operating company for the two ethylene production plants in western Japan.

Swedish chemical company Perstorp has selected Johnson Matthey to provide the license and engineering for its Product Air methanol plant at Stenungsund.

Solvay has agreed with EnergyRe to buy all renewable energy certificates generated by the latter’s Lone Star Solar project in Calhoun County, South Carolina, USA.

To take advantage of the opportunity hydrogen presents, the European chemical industry must engage in the emerging hydrogen market now, setting up specific pilots, develop an appropriate partner and ecosystem network and, most crucially, adapt the R&D portfolios and investment plans needed to capture a share of the hydrogen opportunity.

