December 2, 2020
Others
Start of consideration of carbon recycling business model - Converting CO2 from exhaust gas etc. into "sustainable jet fuel" -
Toshiba Energy Systems Corporation
Toshiba Corporation
Toyo Engineering Co., Ltd.
Idemitsu Kosan Co.,Ltd.
All Nippon Airways Co., Ltd.
Japan CCS Research Co., Ltd.
Toshiba Energy Systems Corporation (Head Office: Kawasaki City, Kanagawa Prefecture, Representative Director and President: Mamoru Hatazawa), Toshiba Corporation (Head Office: Minato-ku, Tokyo, Representative Director and President: Nobuaki Kurumatani), Toyo Engineering Co., Ltd. (Head Office: Chiba Prefecture) Narashino City, President and CEO: Haruo Nagamatsu), Idemitsu Kosan Co.,Ltd. (Headquarters: Chiyoda-ku, Tokyo, President and CEO: Shunichi Kifuji), All Nippon Airways Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Hiroshi Hirako), Japan CCS Research Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, President and CEO: Toshiro Nakajima) has recently announced that it has announced the release of carbon dioxide (CO 2) into carbon monoxide (CO) *1 P2C using *2 CO from exhaust gas etc. due to process 2 Sustainable Jet Fuel (SAF) *3) We agreed to start considering a business model for carbon recycling.
Going forward, we will leverage the knowledge, technology, plant equipment, etc. of each company to jointly identify issues in the supply chain that supplies SAF and consider future business models. Specifically, the SAF will be manufactured using renewable energy and hydrogen, using CO2 separated and recovered from exhaust gas from industrial facilities, and will be integrated throughout the supply chain from upstream to downstream until the flight. We will consider it.
In Japan, NDC for the Paris Agreement ※Four CO shown in 2 CO 2 Environmental innovations such as separation and storage and Resources recovery, conversion of renewable energy into main power sources, expansion of hydrogen use, and decarbonization of fuels are expected. In addition, in the aviation industry, ICAO (International Civil Aviation Organization) has established CORSIA (Carbon Offset and Reduction Scheme for International Aviation). 2 Emission reduction targets have been set, and there is a strong need for stable production and supply of SAF, which is one of the most effective methods for reducing emissions. high CO 2 P2C processes with the ability to reduce CO 2 It is expected to be a next-generation technology for producing SAF using SAF as a raw material.
Each company will jointly consider future business models for the SAF supply chain with the aim of realizing a sustainable society.
- Toshiba Corporation Release
http://www.toshiba.co.jp/rdc/detail/1903_02.htm
http://www.toshiba.co.jp/about/press/2020_10/pr_j3002.htm - P2C: CCU/Power to Chemicals (P2C), a carbon recycling technology, is a technology that uses renewable energy and renewable hydrogen to reuse CO 2 into valuable materials with high environmental value, reducing CO 2 emissions. It will also greatly contribute to the spread and expansion of renewable energy.
- SAF: Sustainable Aviation Fuel (Jet fuel manufactured from sustainable sources with low CO2 emissions during the process from raw material production and collection to combustion)
- Nationally Determined Contribution: Nationally determined greenhouse gas reduction goals and mitigation efforts to achieve them. Japan submitted it to the United Nations Framework Convention on Climate Change Secretariat in March 2020.
Image diagram of P2C process
-Contact information regarding this document-
Toshiba Energy Systems Corporation External Relations and Public Relations Department TEL: 044-331-7200
Toshiba Corporation Corporate Communications Department Public Relations Office TEL: 03-3457-2100
Toyo Engineering Co., Ltd. Public Relations/IR Department TEL: 047-454-1113
Idemitsu Kosan Co.,Ltd. Public Relations Department Public Relations Division https://www.idss.co.jp/contact/advertising_flow/index.html
All Nippon Airways Co., Ltd. Public Relations Department TEL: 03-6735-1111
Japan CCS Research Co., Ltd. Public Relations Department TEL: 03-6268-7610
Regarding news release
contact information
Idemitsu Kosan Co.,Ltd. Public Relations Department Public Relations Division