UAE’s clean energy company, Masdar, Mitsubishi Chemical Group Corporation and INPEX have signed an agreement to explore production of the world’s first commercial-scale polypropylene made from CO2 and green hydrogen in Abu Dhabi.
The green hydrogen and CO2 will be converted to e-methanol which will subsequently be converted to propylene and polypropylene.
Masdar’s CEO, Mohamed Jameel Al Ramahi, says, ‘We are very excited to be partnering with flagship Japanese companies, Mitsubishi Chemical Group and INPEX. Our organisations share a firm belief in the power of innovation to create a better tomorrow.’
Mitsubishi Chemical Group’s CEO, Jean-Marc Gilson, says: ‘The chemical industry is now faced with the dual challenge of reducing its GHG emissions..With that focus in mind, our ambition to use CO2 as a key starting raw material is a very important stepping stone towards a sustainable future and we are looking forward to using our expertise to contribute to the success of this project.”
‘This initiative is fully aligned with our decarbonisation efforts as well as our long-term commitment to Abu Dhabi, which is one of our core business areas. We hope to leverage this opportunity to enhance our clean energy solutions and help realize a net-zero society by 2050,’ adds INPEX president and CEO Takayuki Ueda.