AGC Joins Study to Achieve Carbon Neutrality at Industrial Complex
AGC has announced together with Air Water Inc. that it has joined the memorandum of understanding (MoU) on a joint study into activities for the establishment of a carbon neutral industrial complex in the Goi district of Ichihara City and the Soga district of Chiba City in Japan. The project aims to realize a sustainable society and enhance the international competitiveness of the industrial complex in the districts by studying measures to achieve carbon neutrality among companies in diverse industries.
In this joint study, Yokogawa Electric Corporation and nine other companies in the districts, including energy, petrochemical, chemical, steel, materials, will aim to collaborate and study the commercialization of activities including the following by around 2030 and study the measures that will be required to make the Goi and Soga industrial complex carbon neutral by 2050:
(1) Introduction of an inter-industry energy management system to minimize CO2 emissions,
(2) The recovery and effective utilization of CO2 through inter-industry collaboration, and
(3) Reduction in CO2 emissions through inter-industry collaboration in the utilization of hydrogen and other by-product gasses from existing processes.
AGC has set “promoting sustainability management” as one of the key strategies in its medium-term management plan, AGC plus-2023, and has set a target of net-zero carbon emissions by 2050. Based on this joint study, the company will promote inter-industry collaboration in the industrial complex to further promote measures to achieve carbon neutrality and contribute to the realization of a sustainable global environment.
