Commissioning of FY2024 "Engineering Design Work for Advanced CCS Projects (CCS Project for the Southern Offshore Malay Peninsula)"
Oct 10, 2024
Mitsubishi UBE Cement Corporation (“MUCC”, Head Office: Chiyoda-ku, Tokyo; President: Makoto Koyama), in collaboration with The Kansai Electric Power Co., Inc., Kyushu Electric Power Co., Inc., Cosmo Oil Co., Ltd., The Chugoku Electric Power Co., Inc., Electric Power Development Co., Ltd., Mitsui & Co., Ltd., and Resonac Corporation, was commissioned by the Japan Organization for Metals and Energy Security (“JOGMEC”) to conduct a survey [1] of the CCS (Carbon Capture and Storage) Project for the Southern Offshore Malay Peninsula in FY2024 under the terms of the "Engineering Design Work for Advanced CCS Projects."
The MUCC mid-term management strategy, “Infinity with Will 2025 — MUCC Sustainable Plan 1st Step,” positions global warming as one of the most pressing issues facing the MUCC Group. Accordingly, the company has formulated an intermediate target for 2030 and a business strategy aimed at achieving carbon neutrality and the MUCC Group aim to work together to achieve carbon neutrality in 2050 [2]. In achieving this goal, MUCC recognizes that decarbonization through electrification or hydrogenation is difficult in the cement industry because CO₂ emissions from raw materials are unavoidable. Therefore, MUCC positions CCS and carbon recycling as one of the key technologies to achieve our carbon neutrality.
This work will serve to study and evaluate the CCS value chain that spans from the separation, capture, liquefaction, and temporary storage of CO₂ emitted by several industries (cement, chemicals, petroleum refining, and power generation) in the Kyushu, Chugoku, and Kinki regions, to the transportation and storage of the liquefied CO₂ for permanent geological storage in the southern offshore Malay Peninsula, currently under development by Mitsui & Co., Ltd, etc. MUCC will be responsible for the separation, capture, liquefaction, temporary storage, and shipment of CO₂ emitted at MUCC’s Ube Cement Plant, and the studies will include verification of the technical requirements and cost evaluation of the value chain. Based on the joint studies into CCS conducted between Malaysia and Japan for which an MOU was concluded on April 2, 2024 [3], MUCC will continue to conduct this work in cooperation with Mitsui & Co., Ltd.
By carrying out this work, MUCC will investigate the early implementation of CCS and strive to become an industry leader in carbon neutrality by taking on the challenge of new initiatives in collaboration with local governments and other industries.
Reference
- [1] Press release issued by JOGMEC on June 28, 2024
Advanced Efforts for Commercialization of CCS- JOGMEC selects Nine projects as Japanese Advanced CCS Projects - - [2] Press release issued by MUCC on April 5, 2023
MUCC Group Formulates 2030 Goals toward Carbon Neutrality - [3] Press release issued by MUCC on April 2, 2024
MUCC Concludes MOU with Mitsui on Joint Studies for CCS between Malaysia and Japan
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