Toyo Engineering (6330) · InitiativeTermination of the TarT technology licensing agreement
Introduction of TarT Acid Gas Treatment Technology and Expansion into Low-Carbon Solutions
First written in FY2021. . Latest entry: FY2025.
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- FY2025Termination of the TarT technology licensing agreementAnnual report
「The significant technology licensing agreements that ended during the current consolidated fiscal year are as follows: 8 RIVERS CAPITAL, LLC (U.S.) Technology related to a hydrogen sulfide removal process Through March 2025 February 2021」
The technology licensing agreement with 8 RIVERS concerning the TarT process ended in March 2025. This section does not indicate whether the technology itself will continue to be pursued. - FY2021First statedAnnual report
「We entered into a comprehensive agreement with U.S.-based 8 RIVERS concerning the TarT process, which enables low-cost treatment of acid gas that had not been utilized because of its high technical difficulty, and offers advantages for the storage and utilization of separated CO2, in connection with the use of natural gas as an option for achieving lower carbon emissions.」
The Company newly described its comprehensive agreement with U.S.-based 8 RIVERS concerning the TarT process related to natural gas utilization and the storage and utilization of separated CO2.