|
| Friday, 14 April 2023, 10:54 HKT/SGT | |
| |  | |
Source: mazda | |
|
|
|
HIROSHIMA, Japan, Apr 14, 2023 - (JCN Newswire) - Shikoku Electric Power Company, Taiyo Oil Company, Taiyo Nippon Sanso Company, Mazda Motor Corporation, Mitsubishi Corporation, Nam ikata Term inal Company, and Mitsubishi Corporation Clean Energy have agreed to establish the "Council for utilizing Nam ikata Terminal as a Hub for introducing Fuel Ammonia" (hereinafter referred to as the "Council"). The Council, which Mitsubishi Corporation and Shikoku Electric Power Company serve as joint secretariats, shall study the possibility of turning the Namikata Terminal(1) located in Imabari City, Ehime Prefecture, into a hub for clean energies. Ehime Prefecture, Imabari City, Saijo City, Niihama City, and Shikokuch uo City will also participate in the Council as observers.
 | | (Photo Credit: Namikata Terminal Company) |
The Council's agenda will include scheduling, legal and regulatory issues, efficient use of the terminal, measures to grow demand for fuel ammonia in the area and other issues, based on the assumption that the existing LPG tanks owned by Mitsubishi Corporation at the terminal will be converted to ammonia tanks and that the terminal will become a hub handling approximately 1 million tonnes of ammonia per year by 2030.
Since the Government of japan declared that Japan would realize carbon-neutrality by 2050, there have been growing expectations surrounding the potential of ammonia, which has numerous applications, including as a co- firing fuel at thermal power plants, a source of thermoelectricity in general industry, and a source of hydrogen via ammonia cracking technology at hydrogen stations(2). Our belief is that the Namikata Term inal can play an important role as a supply hub to realize the establishment of an efficient supply chain of ammonia, in promoting the utilization of ammonia in the Shikoku and Chugoku regions.
The Namikata Term inal handles approximately 1 million tons of LPG and other petroleum products brought in from Japan and overseas each year. In addition to its four decades of experience as an energy hub, the term inal is equipped with several large-scale low-temperature LPG tanks (45,000 tons/unit) that can be converted to ammonia tanks, docking berths for large vessels and other facilities that can quickly respond to region's demand for ammonia.
The Council shall work to unite public and private interests to reestablish the Namikata Term inal as a clean energy hub, create new clean energy industries in the region and help the sustainable development of the local economy.
(1) Some petroleum-related facilities of the terminal are owned by Taiyo Oil Company and the others are owned by Mitsubishi Corporation. The terminal is operated by Namikata Terminal Company.
(2) Technology to extract hydrogen from ammonia.
For more information, visit https://newsroom.mazda.com/en/publicity/release/2023/202304/230414a.pdf.
Topic: Press release summary
Source: mazda
Sectors: Oil & Gas
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| mazda |
| Oct 31, 2024 16:06 HKT/SGT |
|
Mazda Launches Redesigned Corporate Website |
| Oct 30, 2024 16:09 HKT/SGT |
|
Mazda Production and Sales Results for September 2024 and for April through September 2024 |
| Oct 1, 2024 09:56 HKT/SGT |
|
Release of Mazda Integrated Report 2024 |
| Sept 27, 2024 16:20 HKT/SGT |
|
Mazda Production and Sales Results for August 2024 |
| Sept 24, 2024 15:25 HKT/SGT |
|
Mazda to open new R&D office in Azabudai Hills in early summer 2025 |
| Sept 6, 2024 15:34 HKT/SGT |
|
Panasonic Energy and Mazda to Begin Preparation for Supply of Automotive Lithium-ion Batteries |
| Aug 29, 2024 17:07 HKT/SGT |
|
Mazda Production and Sales Results for July 2024 |
| July 1, 2024 09:53 HKT/SGT |
|
Mazda: Announcement by Ministry of Land, Infrastructure, Transport and Tourism Regarding Applications for Type Designation |
| June 27, 2024 15:02 HKT/SGT |
|
Mazda Production and Sales Results for May 2024 |
| May 28, 2024 11:45 HKT/SGT |
|
Subaru, Toyota, and Mazda Commit to New Engine Development for the Electrification Era, Toward Carbon Neutrality |
| More news >> |
 |
|
|
|
