TSE:8031Trade Distributors
Mitsui (TSE:8031) Faces A Valuation Test Following Its Low Carbon Ammonia Bet
Mitsui’s low carbon ammonia bet and fresh bond issue
Mitsui (TSE:8031) is in focus after investing in Blue Point One, a joint venture building a low carbon ammonia plant in Louisiana, and completing a new US$750 million fixed income issuance.
This combination of project spending and funding activity gives you fresh context for thinking about Mitsui stock, especially if you follow decarbonization themes and balance sheet flexibility in large Japanese trading companies.
Over the past year...