Japan: Taiheiyo Cement, ITOCHU, Nippon Steel, Mitsubishi Heavy Industries, INPEX, Taisei, and ITOCHU Oil Exploration have been chosen by the Japan Organisation for Metals and Energy Security (JOGMEC) to lead the engineering design work for key carbon capture and storage (CCS) initiatives. This selection marks a step towards Japan's ambitious goals to achieve carbon neutrality by 2050 and a 46% reduction in greenhouse gas emissions from financial year 2013 (FY13) levels by FY30.
The project encompasses front end engineering design (FEED) and appraisal drilling as critical next steps following a comprehensive feasibility study conducted in FY23. This prior study involved detailed assessments of CO₂ separation, capture, transportation and storage processes. The CCS initiative involves shipping CO₂ captured at Nippon Steel’s Kyushu Works in the Oita area and Daiichi Cement's Kawasaki plant, part of the Taiheiyo Cement Group, to designated storage sites.
