2020-03-31
Mitsubishi Hitachi Power Systems, Ltd.
Mitsubishi Heavy Industries Engineering, Ltd.
Mitsubishi Gas Chemical Company, Inc.

MHPS, MHIENG and MGC selected to conduct research oneffective recycling of CO2 to produce methanol-- The collaborative research project commissioned by NEDO aiming atdeveloping carbon capture and utilization (CCU) technologies -Mitsubishi Hitachi Power Systems (MHPS), Mitsubishi Heavy Industries Engineering (MHIENG) andMitsubishi Gas Chemical Company (MGC) were selected by the New Energy and Industrial Technology
Development Organization (NEDO) to conduct joint research on the effective recycling of carbon dioxide(CO2) emitted from the refinery at Tomakomai City, Hokkaido Japan where the CO2 is captured and storedby the existing demonstration plant. Further utilizing of the demonstration plant currently employed for
CO2 Capture and Storage (CCS), the three companies will collaborate on research activities for CO2
Capture and Utilization (CCU) in order to produce methanol from captured CO2. The research is expected
to run until February 2021.
MHPS, as a leader of the consortium proposed using captured carbon dioxide to synthesize methanol,
which is well known as a key fuel and raw material in a wide range of industries. The process will combine
captured CO2 with hydrogen (H2) obtained either as a by-product from refineries or from water electrolysis
within the existing CCS facilities. More information on the overall process is shown in Annex A.
The scope of the research includes performance assessment of key components of the proposed
facilities with relevant technology survey, basic engineering for optimizing plant configuration, conducting
an economic feasibility and its future outlook. The integration of CCU facilities with CCS facilities isexpected to bring a benefit of sharing CO2 recovery functions and enhancing the interoperability of bothfacilities.
The consortium will conduct a survey project based on the assumption that an additional 20 ton/day classcarbon-recycled methanol synthesis plant will be installed adjacent to the existing CCS facility. MGC will
provide supply chain expertise related to methanol production and synthesis catalysts, as well as process
technology for methanol production in cooperation with MHIENG. MHIENG will leverage its track recordof EPC* for a number of large-scale methanol plants, while MHPS will deploy its experience with EPC fora variety of business. Combining the strengths of these three companies will ensure a smooth
implementation of the project.
The insights from the research also can be applied to various sources of CO2 emissions in the future. By
studying technologies to capture, store and recycle carbon effectively, MHPS, MHIENG and MGC areactively contributing to the establishment of a carbon-free society and driving economic development
while ensuring environmental conservation.
Note*EPC refers to Engineering, Procurement and Construction, which covers the design and procurement ofequipment and construction of power plants and chemical plants

1/2About Mitsubishi Hitachi Power Systems, Ltd.
Mitsubishi Hitachi Power Systems, Ltd. (MHPS), headquartered in Yokohama, Japan, is a joint venture
formed in February 2014 by Mitsubishi Heavy Industries, Ltd. and Hitachi, Ltd. integrating their operationsin thermal power generation systems and other related businesses. MHPS today ranks among the world’s
leading suppliers of equipment and services to the power generation market, backed by 100 billion yen incapital and approximately 20,000 employees worldwide. The Company’s products include GTCC (gas turbinecombined-cycle) and IGCC (integrated coal gasification combined-cycle) power plants, gas/coal/oil-fired(steam) power plants, boilers, generators, gas and steam turbines, geothermal power plants, AQCS (airquality control systems), power plant auxiliary equipment and solid-oxide fuel cells (SOFC). For more
information, please visit the Company's website at https://www.mhps.com
Follow us at https://twitter.com/MHPS_Global, or http://www.linkedin.com/showcase/mhps

About Mitsubishi Heavy Industries Engineering, Ltd.
Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), headquartered in Yokohama, Japan, was founded
as an engineering company of the Mitsubishi Heavy Industries Group on January 1, 2018. MHIENG takes
over the engineering business of the chemical plants and transportation systems of Mitsubishi HeavyIndustries and extends them with newly added environmental facilities. MHIENG has provided numerous
Engineering, Procurement and Construction (EPC) projects covering large-scale infrastructure, such as
chemical plants, environmental plants, and transportation systems, in many countries and regions aroundthe world. The Company readily meet diversified customer expectations by undertaking all phases fromproject planning to basic design, detailed design, procurement, manufacture, construction, commissioning,
after-sales service, and Operation & Maintenance (O&M), and capital participation in businesses.
For more information, please visit the Company's website: https://www.mhiengineering.com/

About Mitsubishi Gas Chemical Company, Inc.
Mitsubishi Gas Chemical Company, Inc. (MGC), headquartered in Tokyo, is a unique technology-orientedmanufacturer producing more than 90% of its products using proprietary technologies. Committing itself tocreating new technology and value, MGC boasts a broad range of products, from basic chemicals such as
methanol, xylene, and hydrogen peroxide to high-performance products such as engineering plastics,foamed plastics, materials for printed wiring board and oxygen absorbers. MGC will continue to societal
growth and harmony by creating a wide range of value through chemistry. For more information, please visit
MGC’s website: https://www.mgc.co.jp/eng/

Press Contacts:
Mitsubishi Hitachi Power Systems, Ltd.
Corporate Communications GroupTEL: +81-45-200-7163
Mitsubishi Heavy Industries Engineering, Ltd.
Corporate Communication Department
Mitsubishi Heavy Industries, Ltd. (Mitsubishi Heavy Industries Engineering, Ltd.)
Tel: +81-(0)3-6275-6200
Mitsubishi Gas Chemical Company, Inc.
Corporate Communications Division
TEL: +81-3-3283-5040

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Attachment■ANNEX A: The process of CCS and CCU

CO2 captured from refineries, power plants and other power generation-related facilities can be combinedwith hydrogen (H2) to generate methanol. H2 can be processed either from water electrolysis or as aby-product of the refineries and other facilities. The methanol can then be used as raw material forchemical products, as well as fuel for electric power generation and transportation. Since methanol isused as an important basic raw material in a wide range of chemical and energy applications such as
chemical products and fuels, stable growth in methanol demand is expected.

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