TSE:4188Chemicals
Japan Ethylene Decarbonization Alliance Could Be A Game Changer For Mitsubishi Chemical Group (TSE:4188)
Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical Group have formed a joint operating entity to decarbonize and consolidate ethylene production in western Japan, backed by selection for METI’s Fiscal 2025 HtA Support Program and a ¥21.20 billion investment plan including subsidies.
A particularly interesting aspect is the planned use of Asahi Kasei’s Revolefin™ technology to produce bioethanol-based, lower-carbon ethylene and propylene, potentially reshaping how basic chemicals are...