The World’s First Initiative for Bio-Paraxylene origin “Biomass to PET Bottles”

Mitsubishi Corporation, is pleased to announce that MC, Suntory Holdings Limited and ENEOS Corporation have reached an agreement to build a supply chain for sustainable PET bottles derived from biomass *1 such as used cooking oil applying a mass balance approach*2 to allocate bio-based materials . The supply chain is as follows, and bio-based feedstock supplied by NESTE Corporation (President: Matti Lehmus, hereinafter “NESTE”) will be used as a raw material to replace fossil naphtha. ① NESTE will supply bio-based feedstock produced from to replace fossil naphtha. manufactures bio-naphtha from…

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TotalEnergies and ENEOS join forces to Develop B2B Solar Distributed Generation across Asia

TotalEnergies and ENEOS signed a joint venture agreement to develop onsite B2B solar distributed generation across Asia[1]. The 50/50 Joint Venture between two major players in the field plans to develop 2 GW of decentralized solar capacity over the next five years. This partnership will capitalize on the strengths of both companies. TotalEnergies will leverage its expertise on this market segment and its global footprint and ENEOS will use its expertise in renewables and its strong brand mainly in Japan to lower the costs of decentralized solutions offered to industrial…

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