Commercialization of the Hydrogen Supply Chain

「Introduction of a demonstration unit for a 5 MW-class water-electrolysis system」

「In Australia, the Company received an order from ENEOS Co., Ltd. for the construction of a large-scale demonstration plant using Direct MCH® and is carrying out the work.」

「In February 2024, the Company signed and announced a basic agreement on collaboration with TOYOTA MOTOR CORPORATION for the joint development of a large-scale water electrolysis system and the establishment of a strategic partnership. The Company will develop a standard package for the system and begin installing it at TOYOTA MOTOR CORPORATION's head-office plant hydrogen park from fiscal 2026.」

「In Singapore, to expand hydrogen use in the country, the Company began demonstration operations in June of this year to supply hydrogen to heavy-duty fuel-cell vehicles. The project is being conducted jointly with Nanyang Technological University, PSA Singapore (PSA) and Mitsubishi Corporation, with the Company's small-scale dehydrogenation unit installed at a container yard operated by PSA in the port.」

「In Australia, to efficiently conduct front-end engineering design (FEED) for the commercial demonstration of a liquefied hydrogen supply chain being pursued by Japan Hydrogen Energy Co., Ltd., the Company signed a JV agreement in January 2024 with four companies, led by Kawasaki Heavy Industries,Ltd. and including TOYO ENGINEERING CORPORATION, JGC Global and the Company. The Company will contribute to Japan's goal of achieving carbon neutrality by 2050.」

「In Europe, the Company joined the hydrogen maritime transport project from Scotland in the United Kingdom to the Port of Rotterdam in the Netherlands, the LHyTS (Lights) project, and completed the feasibility study in November 2023.」

「In February 2024, the Company signed and announced a basic agreement on collaboration with TOYOTA MOTOR CORPORATION for the joint development of a large-scale water electrolysis system and the establishment of a strategic partnership. The Company will develop a standard package in the 20 MW class and begin installing water electrolysis systems at TOYOTA MOTOR CORPORATION's head-office plant hydrogen park from fiscal 2025.」

「In Singapore, the Company is conducting front-end engineering design with Sembcorp Industries, one of the country's leading integrated utilities and a government-linked conglomerate, and Mitsubishi Corporation toward realizing a commercial-scale clean hydrogen supply chain business, with the goal of starting commercial hydrogen supply in the late 2020s.」

「In April 2023, the Company signed and announced a basic agreement on collaboration with Chubu Electric Power Company,Incorporated and Australia's Hazer company for the joint development of a large-scale water electrolysis system and the establishment of a strategic partnership, and began examining a development plan for a production hub for carbon-free hydrogen and by-product solid carbon (carbon graphite) in the Chubu region using the HAZER® Process. In the ammonia-related field, the Company is the lead company for developing new ammonia synthesis technology to reduce production costs through industry-academia-government collaboration as an NEDO Green Innovation Fund project. In addition, it is jointly developing ammonia cracking technology that is more competitive than existing technologies with JERA and NIPPON SHOKUBAI CO.,LTD., and the project has been selected for an NEDO technology development program.」

「In Singapore, the Company is conducting front-end engineering design with Sembcorp Industries, one of the country's leading integrated utilities and a government-linked conglomerate, and Mitsubishi Corporation toward realizing a commercial-scale clean hydrogen supply chain business, with the goal of starting commercial hydrogen supply in 2026.」

「In the hydrogen field, the Company is pursuing several specific studies toward building a hydrogen supply chain by leveraging the advantages of its proprietary SPERA hydrogen™ technology. In Europe, it is examining the development of an international hydrogen supply chain based on commercial-scale hydrogen imports together with the Port of Rotterdam Authority, Koole Terminals and Mitsubishi Corporation. The Company also joined a project to transport hydrogen by sea from Scotland in the United Kingdom to the Port of Rotterdam in the Netherlands. In addition, it signed a memorandum of understanding with France's Axens on strategic commercial cooperation relating to the hydrogen supply chain, and is jointly promoting sales of the Company's SPERA hydrogen™ technology and Axens' toluene hydrogenation technology to further accelerate development of the hydrogen supply chain. In Singapore, the Company is pursuing specific studies with local private-sector companies and Mitsubishi Corporation toward realizing a clean hydrogen supply chain business, and signed a memorandum of understanding with Sembcorp Industries and Mitsubishi Corporation to conduct a Pre-FEED study for building a hydrogen supply chain.」

「The Company is pursuing several specific studies and discussions toward building a hydrogen value chain by leveraging the advantages of SPERA hydrogen™ technology. In Europe, it is examining the development of an international hydrogen supply chain based on commercial-scale hydrogen imports together with the Port of Rotterdam Authority, Koole Terminals and Mitsubishi Corporation. In Singapore, it is pursuing specific studies toward realizing a clean hydrogen supply chain business together with local private-sector companies, including Sembcorp Industries, which operates integrated utilities and urban development businesses, and Mitsubishi Corporation. The Company is also promoting an industry-academia collaboration program using its proprietary SPERA hydrogen™ technology with a grant from the Singapore government. In Japan, under a technology demonstration support project promoted by ENEOS Co., Ltd., AHEAD (the Next-Generation Hydrogen Energy Chain Technology Research Association), in which the Company participates as a member company, is supplying methylcyclohexane (MCH) produced in Brunei under an NEDO grant project using existing chemical tankers. As a director company of the Japan Hydrogen Association (JH2A), the Company is also working to create social implementation projects and realize policy support. In the ammonia-related field, the Company is the lead company for developing new ammonia synthesis technology to reduce production costs through industry-academia-government collaboration as an NEDO Green Innovation Fund project.」

「In Japan, through a technology demonstration on the production, transportation and dehydrogenation of CO2-free hydrogen conducted together with ENEOS Co., Ltd. and Queensland University of Technology in Australia, the Company successfully filled a fuel-cell vehicle (FCV) with CO2-free hydrogen for the first time in the world. In addition, under a technology demonstration support project promoted by ENEOS Co., Ltd., the Next-Generation Hydrogen Energy Chain Technology Research Association (AHEAD), in which the Company participates as a member company, transported by sea for the first time in the world, using an existing chemical tanker, and delivered to a Japanese refinery methylcyclohexane (MCH) produced in Brunei under an NEDO (New Energy and Industrial Technology Development Organization) grant project.」

「In Japan, in anticipation of a full-scale society with large-scale hydrogen consumption, the Company began producing and delivering methylcyclohexane manufactured at facilities of the Next-Generation Hydrogen Energy Chain Technology Research Association installed in Brunei under a demonstration project by the New Energy and Industrial Technology Development Organization, and plans to transport it to Japan by tanker for an ENEOS Co., Ltd. refinery demonstration project. The Company is also conducting several studies relating to ammonia receiving facilities and hydrogen fuel supply.」

「In the hydrogen business, the Company is pursuing more specific studies and discussions toward commercialization and full-scale commercial operations by leveraging the advantages of its SPERA hydrogen technology. In Europe, the Company has begun examining the development of an international hydrogen supply chain in Europe based on commercial-scale hydrogen imports, together with the Port of Rotterdam Authority, Koole Terminals and Mitsubishi Corporation. In Southeast Asia, the Company is pursuing specific studies toward realizing a clean hydrogen supply chain business in Singapore together with Singapore-based Sembcorp Industries, which operates integrated utilities and urban development businesses, and Mitsubishi Corporation.」

「As part of its efforts toward carbon neutrality, the Company is advancing its hydrogen business by participating in cross-industry regional hydrogen introduction projects and developing hydrogen chain solutions, with the aim of pre-commercialization and commercialization from the mid-2020s onward following completion of the international hydrogen supply chain demonstration in December 2020. As part of these efforts, the Company participates in the Chubu Region Hydrogen Utilization Council, which examines the potential for large-scale hydrogen use with the aim of building a supply chain to expand demand for hydrogen and ensure its stable use in the Chubu region.」

「The Demonstration Project for Commercializing the Next-Generation Hydrogen Supply Chain completed demonstration operations in December 2020, demonstrating that the Company's SPERA hydrogen technology (MCH-LOHC process) can be scaled up to commercial scale. Going forward, the Company will pursue further cost reductions to meet expanding demand and contribute to carbon neutrality targeted for 2050 through pre-commercialization and commercialization from the mid-2020s onward.」

「Construction of the Brunei hydrogenation plant and domestic dehydrogenation plant has been completed, hydrogen supply has begun as a fuel for thermal power generation, and demonstration operations are proceeding smoothly.」

「Regarding the Demonstration Project for Commercializing the Next-Generation Hydrogen Supply Chain, undertaken together with Mitsubishi Corporation, MITSUI & CO.,LTD. and Nippon Yusen Kabushiki Kaisha, construction of the Brunei hydrogenation plant and domestic dehydrogenation plant has been completed, and demonstration operations are proceeding smoothly. In Singapore, where our technology has been highly rated for its safety, Mitsubishi Corporation and the Company signed a memorandum of understanding on cooperation toward realizing a hydrogen society in Singapore with five Singaporean private-sector companies, and continue to examine the import, use and commercialization of hydrogen using the Company's proprietary technology. In addition, the Company signed a memorandum of understanding with Australia's Hazer company on cooperation in marketing activities in Japan. By producing hydrogen and graphite from methane gas through Hazer's methane pyrolysis process, the parties aim to produce and supply hydrogen without the need for carbon dioxide storage, and discussions with potential domestic customers are under way.」

「The hydrogen supply chain demonstration project to commercialize the hydrogen supply chain, undertaken by the Next-Generation Hydrogen Energy Chain Technology Research Association, established together with Mitsubishi Corporation, MITSUI & CO.,LTD. and Nippon Yusen Kabushiki Kaisha, is progressing smoothly. Construction of the Brunei hydrogenation plant and the domestic dehydrogenation plant has been completed, and demonstration operations are scheduled for 2020.」

「The company is advancing, as an NEDO project, a demonstration business to transport and supply to Japan hydrogen procured in Brunei in 2020, having established a technology research association with Mitsubishi Corporation, MITSUI & CO.,LTD. and Nippon Yusen Kabushiki Kaisha.」

「In new energy-related businesses, the company established the Next-Generation Hydrogen Energy Chain Technology Research Association with Mitsubishi Corporation, MITSUI & CO.,LTD. and Nippon Yusen Kabushiki Kaisha, and the demonstration project toward commercializing a hydrogen supply chain has now fully begun.」

「In new energy-related businesses, the company established the Next-Generation Hydrogen Energy Chain Technology Research Association with Mitsubishi Corporation, MITSUI & CO.,LTD. and Nippon Yusen Kabushiki Kaisha in preparation for launching demonstration projects in earnest toward commercializing a hydrogen supply chain.」

「In new energy-related businesses, toward realizing a hydrogen society and commercializing a hydrogen supply chain using its proprietary large-scale hydrogen storage and transport technology, the company is planning a demonstration project for implementation in 2020 to procure hydrogen from Asia and use it as fuel at power plants in Japan.」

「In new energy-related businesses, toward realizing a hydrogen society and commercializing a hydrogen supply chain using its proprietary large-scale hydrogen storage and transport technology, the company is planning a demonstration project for implementation in 2020 to procure hydrogen from Asia and use it as fuel at power plants in Japan.」

「In new energy-related businesses, the company is planning a demonstration project for implementation in 2020 in which hydrogen procured from Asia will be used as fuel at power plants in Japan, as part of efforts to commercialize a hydrogen supply chain using its proprietary large-scale hydrogen storage and transport technology toward realizing a hydrogen society.」

「In new energy-related businesses, the company is planning a demonstration project for implementation in 2020 in which hydrogen procured from Asia will be used as fuel at power plants in Japan, as part of efforts to commercialize a hydrogen supply chain using its proprietary large-scale hydrogen storage and transport technology toward realizing a hydrogen society.」

「In new energy-related businesses, the company continues studies and discussions with stakeholders in Japan and overseas toward commercializing a hydrogen supply chain that uses its proprietary technology for the large-scale storage and transport of hydrogen, with the aim of realizing a hydrogen society.」