Japan's Eneos, Mitsubishi to expand alliance into hydrogen, decarbonised fuels
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2024
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Source: reuters
- Expansion of Alliance: Eneos Holdings and Mitsubishi Corp plan to expand their alliance to include hydrogen and decarbonised fuels, in addition to sustainable aviation fuel.
- Global Supply Chains: Japanese energy companies are focusing on developing global supply chains of low-carbon fuels to combat climate change.
- Feasibility Study: In 2022, Eneos and Mitsubishi agreed to conduct a joint feasibility study for commercializing sustainable aviation fuel (SAF).
- Hydrogen Collaboration: The collaboration will involve the development of hydrogen supply chains using methylcyclohexane (MCH) and creating carbon dioxide (CO2)-free hydrogen supply and demand overseas.
- Promotion of Synthetic Fuels: The companies will work together to promote synthetic fuels made from CO2-free hydrogen.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
