Asahi Kasei and Mitsui & Co to establish US biomethanol supply and procurement system

In Japan, Asahi Kasei Corp and Mitsui & Co., Ltd. will establish a supply and procurement system for bio-methanol produced in the United States. Through this system, Asahi Kasei plans to use the bio-methanol procured from Mitsui to produce engineering plastics in Japan with a lower carbon footprint than the current product lineup.

In the United States, Mitsui procures RNG (renewable natural gas) generated from municipal waste landfills in the form of biogas, and uses it in the mass-balance approach to produce bio-methanol at Fairway Methanol, a local joint venture. Asahi Kasei and Mitsui have acquired the International Sustainability & Carbon Certification (ISCC PLUS certification) in their supply chains in order to reliably convey their sustainability features to final products.

This will enable Asahi Kasei to procure bio-methanol manufactured by Mitsui, and to sell various types of engineering plastics made with this raw material allocated using the mass-balance approach.