Tag: Itochu

GoodFuels and ITOCHU team up to scale marine biofuel in Asia

GoodFuels and ITOCHU team up to scale marine biofuel in Asia

May 18, 2022 |

In Singapore, GoodFuels and ITOCHU Corporation announced a new partnership agreement to scale sustainable marine biofuel in Singapore, Japan, and Asia-Pacific. The long-term partnership, which was signed on 12 May 2022, will combine GoodFuels’ deep expertise in sustainable biofuels, extensive client and sourcing portfolio, and strong sustainable impact brand with ITOCHU’s mature trading and supply […]

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Neste and ITOCHU expand SAF cooperation in Japan

Neste and ITOCHU expand SAF cooperation in Japan

February 16, 2022 |

In Finland, Neste and ITOCHU Corporation have expanded their partnership to grow the availability of sustainable aviation fuel in Japan. In the expanded partnership, ITOCHU acts as the branded distributor of Neste MY Sustainable Aviation Fuel™ in Japan making Neste MY Sustainable Aviation Fuel available first at the two largest Japanese international airports; Tokyo Haneda and […]

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ITOCHU teams with euglena on pilot plant in Colombia

ITOCHU teams with euglena on pilot plant in Colombia

December 16, 2019 |

In Japan, ITOCHU announced it has decided to conduct an overseas demonstration project in collaboration with euglena Co., Ltd. to culture euglena for animal feed and biofuel in Colombia, and has concluded a cooperative agreement with the partner company. This project is in addition to the project in Indonesia as announced on June 19, 2019. […]

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Euglena teams with Itochu to demo production with thermal power plant waste heat and CO2

Euglena teams with Itochu to demo production with thermal power plant waste heat and CO2

June 24, 2019 |

In Japan, NNA reports that Euglena has teamed with Itochu on a demonstration project in Indonesia that will produce euglena microalgae from carbon dioxide and waste heat from a nearby thermal power plant beginning next month, but the location of the plant nor the project were released. Euglena still plans to begin commercial microalgae production […]

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Metsä joins with Itochu on pilot plant converting pulp into textile fibers

Metsä joins with Itochu on pilot plant converting pulp into textile fibers

October 24, 2018 |

In Finland, Metsä Group’s innovation company MetsäSpring Ltd. and Japanese Itochu Corporation have established a joint venture to invest approximately EUR40 million in building and operating a test plant with the aim to demonstrate a new technology for converting paper-grade pulp into textile fibers. Business Finland, a Finnish governmental funding agency, participates in the financing […]

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Bunge buys out Itochu’s 20% JV holding in Brazilian sugar mills

Bunge buys out Itochu’s 20% JV holding in Brazilian sugar mills

August 11, 2014 |

In Brazil, Bunge will buy out Itochu’s 20% share of their sugarcane joint venture, leaving Bunge with 100% ownership of the two mills. Itochu is backing out because it sees an uncertain future for the profitability of the mills. Bunge is also potentially divesting its sugarcane holdings in the country for similar reasons.  

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Itochu co-invests with Flint Hills and Benefuel in Nebraska 2G biodiesel plant

Itochu co-invests with Flint Hills and Benefuel in Nebraska 2G biodiesel plant

May 27, 2013 |

In Nebraska, ITOCHU together with ITOCHU ENEX CO has invested in a 50 million gallon per year, next-generation biodiesel fuel project, which Flint Hills Resources Renewables LLC, and Benefuel Inc. are jointly developing in Beatrice. The projected production volume of this facility alone corresponds to approximately 5% of the current biodiesel production in the U.S. […]

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Itochu plans to pull out of PetroVietnam ethanol JV

Itochu plans to pull out of PetroVietnam ethanol JV

April 9, 2013 |

In Vietnam, Itochu intends to pull out of its JV with PetroVietnam for the ethanol plant at Binh Phuoc with slow domestic biofuels sales cited as the reason for the departure. PetroVietnam as instructed the Japanese company to sell its shares to other partners if it is certain it wants to pull out but that […]

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Itochu, Japan Gas Corp postpone Philippine ethanol project, citing equiment

Itochu, Japan Gas Corp postpone Philippine ethanol project, citing equiment

March 14, 2012 |

In the Philippines, Itochu Corp. and Japan Gas Corp’s JV Green Future Innovations has postponed until June the commissioning of its $120 million, 54 million liter ethanol facility in Isabella because of delays in equipment arrival as a result of last year’s typhoon. The facility was expected to launch this spring.

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Itochu invests in ZeaChem; commercializing in 2014

Itochu invests in ZeaChem; commercializing in 2014

March 6, 2012 |

In Colorado, Itouchu announced that it has acquired shares in ZeaChem. Together, ITOCHU and ZeaChem will acquire partners in each region to investigate the expansion of the technology worldwide, in second generation bioethanol business sectors that use ZeaChem’s technology, and in the future in chemicals business sectors that produce from biomass (green chemicals industry), with […]

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