Sumitomo Chemical : Securing a Stable Supply of Clean Ammonia
December 23, 2021 at 12:17 am EST
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Securing a Stable Supply of Clean Ammonia
Dec. 23, 2021
Ube Industries, Ltd.
Sumitomo Chemical Co., Ltd.
Mitsui Chemicals, Inc.
Mitsubishi Gas Chemical Company, Inc.
Ube Industries (Head office: Ube, Yamaguchi, Japan; President and Representative Director: Masato Izumihara), Sumitomo Chemical (Head office: Chuo-ku, Tokyo, Japan; Representative Director and President: Keiichi Iwata), Mitsui Chemicals (Head office: Minato-ku, Tokyo, Japan; President and CEO: Osamu Hashimoto) and Mitsubishi Gas Chemical (Head office: Chiyoda-ku, Tokyo, Japan; President and Representative Director: Masashi Fujii) have agreed to launch a joint study into securing a stable supply of clean ammonia.
Ammonia is widely used as a raw material for fertilizers and chemical products. Meanwhile, ammonia is expected to see strong growth in global demand in the coming years, as it will be used as a next-generation energy source as part of efforts to achieve carbon neutrality, taking advantage of its properties, such as not emitting carbon dioxide during combustion and having a high hydrogen content. The "Sixth Strategic Energy Plan," announced by the Japanese government in October 2021, points out that it is necessary to ensure a stable supply of ammonia as a fuel. In particular, it highlights the need to secure stable supplies of clean ammonia, such as blue ammonia-ammonia generated by leveraging carbon dioxide capture, utilization and storage (CCUS) technology to either use or separate, collect and store underground the carbon dioxide emitted from ammonia production using fossil fuels as raw materials-and green ammonia, derived from renewable energy sources.
In response to these circumstances, the four companies, on top of each company's respective efforts, will start studying measures for securing clean ammonia, with the aim of making stable and competitive supplies of clean ammonia available in Japan.
Contact (Japanese syllabary order)
Ube Industries, Ltd.
General Affairs & Public Relations Group
TEL:+81-3-5419-6110
Sumitomo Chemical Co., Ltd.
Corporate Communications Dept.
TEL:+81-3-5201-0220
Mitsui Chemicals, Inc.
Corporate Communications Dept.
TEL:+81-3-6253-2100
Mitsubishi Gas Chemical Company, Inc.
Public Relations Dept.
Administrative & personnel Division
TEL:+81-3-3283-5040
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Sumitomo Chemical Co. Ltd. published this content on 23 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2021 05:16:08 UTC.
Sumitomo Chemical Co Ltd is one of the Japanese largest chemical groups. The group is also manufacturing and marketing pharmaceutical products. Net sales break down by family of products as follows:
- petrochemical and plastic products (25.8%): ethylene, polyethylene, propylene, elastomers, agricultural films, etc.;
- pharmaceutical products (23.9%): ethic drugs, radiopharmaceutical products, etc.;
- telecommunication chemical products (18.9%): optic films, pigments, filters, etc.;
- agrochemical and fine chemistryproducts (18.5%): insecticides, herbicides, fertilizers, food additives, etc.;
- functional chemical products (10.7%): methanol, caustic soda, aluminum hydroxide, alumina, nitric acid, acrylonitrile, active pharmaceutical ingredients, polymeric additives, resorcine, colorants, etc.;
- other (2.2%).
Net sales break down geographically as follows: Japan (31.7%), China (19.2%), Asia (19.5%), North America (17.7%), Europe (4.2%) and other (7.7%).