MHI and Orica announce collaboration to explore emissions reduction opportunities
Published by Jane Bentham,
Editorial Assistant
Global Mining Review,
Mitsubishi Heavy Industries Ltd. (MHI) and Orica have signed a Memorandum of Understanding to explore potential opportunities for collaboration on emission reduction initiatives, aligned with Orica and MHI’s shared decarbonisation ambitions.
The collaboration will leverage MHI's reputation for manufacturing innovation, as well as Orica's existing presence and emerging opportunities in the global renewable hydrogen and ammonia markets.
The collaboration covers various areas of mutual interest, including:
- Exploring technology deployment opportunities for renewable hydrogen and renewable ammonia production near Orica's facilities in Newcastle and Gladstone, Australia.
- Creating demand opportunities for renewable hydrogen and renewable ammonia in the power generation, maritime, industrial, and agricultural industries.
- Investigating activities to further reduce emissions from Orica's existing operations.
Orica Chief Development and Sustainability Officer, Andrew Stewart, said: "We are delighted to partner with MHI, a company that shares our vision and commitment to a more sustainable future. This collaboration signals another step towards building Orica’s climate resilience and opportunities to support further growth while supporting our customers to achieve their ESG goals. We look forward to working with MHI to explore potential emissions reduction opportunities for our organisations and our customers."
On the signing of the MOU, Dr. Hitoshi Kaguchi, Senior Executive Vice President at MHI responsible for energy transition and the expansion of growth fields, said “It is a great honour to be able to collaborate with Orica, a leader in decarbonising hard to abate industry and developing low carbon fuel value chain in Australia. We are looking forward to contributing to Orica’s Net Zero Ambition through our reliable technology in the future.”
Read the article online at: https://www.globalminingreview.com/environment-sustainability/30112023/mhi-and-orica-announce-collaboration-to-explore-emissions-reduction-opportunities/
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