Electrification and Commercial Deployment of Naphtha Cracking Using M-Cracker
First written in FY2024-Q2. 1 of 3 entries say "Reframed", first in FY2024. Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company will steadily bring development projects in business areas including carbon-fiber manufacturing, mining processes and chemical recycling, which it has pursued to date, to Phase 3 (installation of commercial-scale equipment) together with its partners, and advance their implementation in society.」
The Company continues to pursue the commercialization of partnered businesses, including petrochemical processes, by advancing them toward Phase 3 installation of commercial-scale equipment. - FY2024ReframedAnnual report
「Based on the growth strategy described above, the company's priority is to steadily advance development projects undertaken to date, including petrochemical processes, carbon fiber production and turquoise hydrogen production, to Phase 3 (deployment of commercial-scale equipment) together with its partners and generate revenue.」
Although the specific name M-Cracker is not repeated in this document, the electrification and commercialization of petrochemical processes have been reorganized as existing projects targeting Phase 3, or installation of commercial-scale equipment. - FY2024-Q2First statedAnnual report
「(2) Began joint development aimed at commercializing the Company's proprietary M-Cracker technology, which can significantly reduce CO2 emissions in naphtha cracking, a basic chemical production process, by replacing fossil fuels, the conventional energy source, with microwave heating.」
The Company began joint development aimed at commercializing its proprietary M-Cracker technology, which replaces fossil fuels with microwave heating as the energy source for naphtha cracking and significantly reduces CO2 emissions.