Source: Fibre2Fashion

JFE Steel: JFE Steel & Mitsubishi to launch demonstration project in Japan

JFE Steel, Mitsubishi Gas Chemical, and Mitsubishi Chemical have signed an MOU for a FY2026 demonstration project at Mizushima Complex to produce methanol from steel manufacturing by-product gases. This methanol will be used for propylene production, supporting carbon recycling and GHG reduction. The initiative fosters cross-industry collaboration to advance carbon neutrality and sustainability.

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Est. Annual Revenue
$5.0-10B
Est. Employees
10-50K
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President & CEO

Yoshihisa Kitano

CEO Approval Rating

82/100

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