27th October, 2020
Marubeni CorporationJGC Holdings Corporation
Juhua Group Corporation

Commencement of Feasibility Study for Minimization of CO2 Emissionsby Utilization of By-product Hydrogen in ChinaMarubeni Corporation (Masumi Kakinoki: President & CEO; hereinafter, “Marubeni”) and JGC Holdings
Corporation (Masayuki Sato: Representative Director Chairman and Chief Executive Officer; hereinafter,“JGC HD”) have been selected by the New Energy and Industrial Technology Development Organization(Hiroaki Ishizuka: Chairman; hereinafter, “NEDO”) for the “Feasibility Study for Minimization of CO2Emissions by Utilization of By-product Hydrogen in China” (hereinafter, “FS”). This FS is part of NEDO’sprogram, “International Demonstration Project on Japan’s Energy Efficiency Technologies”. Marubeni andJGC HD will conduct FS together with China’s national chemical enterprise, Juhua Group Corporation (HuZhongming: Chairman; hereinafter, “Juhua”) and results of the study will be obtained within FY 2021.
China has categorized hydrogen and the fuel cell industry as their “Strategic Emerging Industry” as part of
the “13th Five-Year Plan for the Development of Strategic Emerging Industries” and the “White Paper onChina Hydrogen and Fuel Cell Industry” was also issued in 2019. Since then, interest in the developmentof hydrogen and its related technologies has been growing rapidly. On the other hand, despite the factthat China is already one of the largest hydrogen producers in the world, there is still room for the furtherdevelopment since utilization of by-product hydrogen remains around 70%.
Since 2005, Marubeni and JGC HD have been conducting a project on Greenhouse Gas collection anddecomposition, jointly with Juhua. During the “Japan-China Energy Conservation and Environment Forum”
in 2019, Marubeni concludes a Memorandum of Understanding with Juhua to cooperate in the constructionof a hydrogen industry cluster and its development on a nationwide scale. Now with JGC HD, FS will bepursued as part of this agreement.
Juhua’s chemical plant, located in Quzhou City, Zhejiang Province, is rich in hydrogen resources such as
by-product hydrogen (18,500Nm3/h) from electrochemical process during production of caustic soda andhydrogen from coal gasification. FS will evaluate the feasibility of Japanese Technologies (Hydrogen MixedCombustion Engine and Polymer Electrolyte Fuel Cell) for “Local Production for Local Consumption
Business Model” by utilizing by-product hydrogen. Once feasibility is confirmed, we will move on to theDemonstration Phase and pursue deployment to other areas in China and other South Eastern Asian
chemical industries.

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Juhua’s Chemical plant (Quzhou City, Zhejiang Province)

Contact Information for the FS
Marubeni Corporation
New Energy Business Development Dept. [Person in Charge：Mr. Yuzuki]
Address: Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, 103-6060 Japan
Tel: +81-3-3282-4533 (direct)
JGC Holdings Corporation
Corporate Communication Group, Group Management Development Dept.
[Person in Charge：Mr. Yamagami / Mr. Minami
Address: 2-3-1, Minato Mirai, Nishi-ku, Yokohama, Kanagawa Pref., 220-6001, Japan
E-mail：yamagami.akihiro@jgc.com / minami.seiji＠jgc.com
Juhua Group Corporation
Hydrogen Energy Office [Person in Charge: Mr. Shi]
Address: Juhua Central Avenue, Kecheng District, Quzhou City, Zhejiang Province, 324-004 China
Tel: +86-570-3097-353 (direct)

Media Organizations Contact Information
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Marubeni Corporation
Corporate Communications Dept., Media Relations Sec. [Person in Charge：Mr. Takagi]
Address: Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, 103-6060 Japan
Tel: +81-3-3282-2375 (direct)
JGC Holdings Corporation
Corporate Communication Group, Group Management Development Dept.
[Person in Charge：Mr. Yamagami / Mr. Minami
Address: 2-3-1, Minato Mirai, Nishi-ku, Yokohama, Kanagawa Pref., 220-6001, Japan
E-mail：yamagami.akihiro@jgc.com / minami.seiji＠jgc.com
Juhua Group Corporation
Hydrogen Energy Office [Person in Charge: Mr. Shi]
Address: Central Avenue, Juhua, Kecheng District, Quzhou City, Zhejiang Province, 324-004 China
Tel: +86-570-3097-353 (direct)3