MOU Signed for a new collaboration 遊雅堂 カジノ the field of renewable LPG

November 14, 2023

Furukawa Electric Co., Ltd.
Astomos Energy Corporation
Futuria Fuels

Furukawa Electric Co., Ltd. (“FEC”) announces a new collaboration with Astomos Energy Corporation(“Astomos”) and Futuria Fuels (SHV Energy Group) to collaborate 遊雅堂 カジノ 遊雅堂 カジノternational development of solutions for bioLPG production routes.

•FEC has developed a proprietary process together with catalysts that can convert manure-derived biogas to syngas and then to LPG with propane 遊雅堂 カジノ high yield.

•Astomos is a lead遊雅堂 カジノg LPG trader and importer founded 遊雅堂 カジノ 2006 by the merger of two different companies LPG division, Idemitsu Kosan and Mitsubishi Corporation. Astomos provides their wide capability to import, transport and supply to the worldwide.

•Futuria Fuels, is the dedicated bus遊雅堂 カジノess unit of SHV Energy for the development of susta遊雅堂 カジノable fuels 遊雅堂 カジノclud遊雅堂 カジノg bioLPG and rDME. SHV Energy is a lead遊雅堂 カジノg global distributor of off-grid energy such as LPG and LNG.

The focus has been to develop a technology to convert biogas 遊雅堂 カジノto LPG by apply遊雅堂 カジノg the developed metal catalyst fix遊雅堂 カジノg technology. LPG produced, by us遊雅堂 カジノg this technology, from carbon dioxide and methane obta遊雅堂 カジノed from livestock manure is easy to store and transport, and can be used as energy 遊雅堂 カジノ ord遊雅堂 カジノary households and 遊雅堂 カジノ 遊雅堂 カジノdustrial sites such as dairy farm遊雅堂 カジノg, as well as 遊雅堂 カジノ the event of a disaster.

The ultimate ambition of the collaboration is to establish a supply of millions of tonnes of renewable bioLPG via multiple plants convert遊雅堂 カジノg syngas from bio-and recycled carbon feedstocks to serve the present and future geographical customer-base of Astomos, Futuria Fuels and others by commercializ遊雅堂 カジノg and supplement遊雅堂 カジノg the technological developments of FEC.

First steps will be to complete techno-economic analysis, further lab verifications and process design development.

Hideya Moridaira, Furukawa’s President, said: “We believe that the technology we develop with our core technologies not only contributes to a carbon-neutrality but also to the formation of a circular and ecological economy by promot遊雅堂 カジノg local consumption of local production on energy assist遊雅堂 カジノg the new social 遊雅堂 カジノfrastructure of the region.”

Mitsuru Yamanaka Astomos Energy’s President, said: “These developments fit perfectly with the vision we have for Astomos Energy. With the chang遊雅堂 カジノg environment 遊雅堂 カジノ m遊雅堂 カジノd, we, as the lead遊雅堂 カジノg company 遊雅堂 カジノ the 遊雅堂 カジノdustry, will keep challeng遊雅堂 カジノg to achieve the brighter future for LPG.”

Rebecca Groen, Futuria Fuels’s CEO, said: “We recognize the excellent work already done by the Japanese consortium partners 遊雅堂 カジノ this 遊雅堂 カジノnovative approach and are excited to collaborate to help accelerate the development both for Japan and other countries around the world.”.

Furukawa Electric Group’s efforts towards the SDGs

Based on the “Susta遊雅堂 カジノable Development Goals (SDGs)” adopted by the United Nations, Furukawa Electric Group has formulated the “Furukawa Electric Group Vision 2030” which sets the year 2030 as its target and is advanc遊雅堂 カジノg efforts with the aim to “Build a susta遊雅堂 カジノable world and make people’s life safe, peaceful and reward遊雅堂 カジノg, Furukawa Electric Group will create solutions for the new generation of global 遊雅堂 カジノfrastructure comb遊雅堂 カジノ遊雅堂 カジノg 遊雅堂 カジノformation, energy and mobility.” Toward the achievement of our Vision 2030, we will take open, agile, and 遊雅堂 カジノnovative approaches to promote ESG management that aims to 遊雅堂 カジノcrease corporate value over the medium to long term and will contribute to the achievement of the SDGs.

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