MOL, Idemitsu, HIF partner to develop e-fuel/e-methanol supply chain

In Japan, Mitsui O.S.K. Lines announced the signing of a memorandum of understanding (MOU) on the joint development of a synthetic fuel (e-fuel)/synthetic methanol (e-methanol) supply chain including CO2 marine transport with Idemitsu Kosan and HIF USA LLC and HIF Asia Pacific Pty Limited, subsidiaries of HIF Global, a global producer of synthetic fuels/synthetic methanol.

Under the agreement, the partners will work to develop a synthetic fuel/methanol supply chain, including the transport CO2 as raw material.

The partners will carry out feasibility studies of the CO2 marine transport from Japan to HIF’s overseas synthetic fuels/methanol production plants and of the establishment of a supply chain to transport synthetic fuels/methanol produced by HIF at overseas production plants to Japan.

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