Japanese heavyweights get behind CCS
Nippon Steel and Mitsubishi among a slew of major Japanese companies launching CCS initiatives as government sets out long-term roadmap
Major energy and industrial companies in Japan have stepped up their efforts to accelerate the development of CCS as the government sets out a roadmap to support the sector’s growth to 2050. Nippon Steel, the country’s largest steelmaker, and conglomerate Mitsubishi signed a MoU with ExxonMobil’s Asia Pacific unit to jointly study CCS in Japan and the wider Asia Pacific region. The three companies will conduct research on capturing emissions from Nippon’s domestic steelworks and evaluate the development of associated infrastructure. Their work will include a detailed evaluation of Asia Pacific CO₂ storage opportunities in countries including Australia, Malaysia and Indonesia, where several m

Also in this section
4 March 2025
Rising power demand has boosted the prospects for CCS as some more established transition technologies come under pressure
27 February 2025
Governments working at pace to create compliance and voluntary markets and carbon tax regimes, with Indonesia, Malaysia, Singapore among the frontrunners
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing