Japan, Feb. 27 -- Mitsui O.S.K. Lines, Ltd. (MOL), ITOCHU Corporation (ITOCHU), HIF Asia Pacific Pty Ltd , a wholly owned subsidiary of HIF Global (HIF) and JFE Steel Corporation (JFE Steel) announced an agreement to jointly conduct a wide-ranging feasibility study covering on (1) carbon dioxide (CO2) capture in Japan, (2) shipping the CO2 to Australia, (3) production and storage of synthetic fuel (e-fuel) derived from the CO2 in Australia, and (4) establishment of a comprehensive supply chain, including export of e-fuel from Australia.
Role of each company>
Company Name Business Role
ITOCHU Trading Life Cycle Assessment (LCA)*1, economic evaluation, etc.
HIF e-fuel business Selection of e-fuel production area, e-fuel production cost es...