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JFE Holdings, Inc.
³Ô¹Ï±¬ÁÏ͵ÅÄ Corporation
Japan Suiso Energy, Ltd.

JFE Group and Japan Suiso Energy Sign Land-lease Agreement
for Demonstration of World’s First Liquefied Hydrogen Supply Chain

JFE Holdings, Inc. (JFE), ³Ô¹Ï±¬ÁÏ͵ÅÄ Corporation (³Ô¹Ï±¬ÁÏ͵ÅÄ) and Japan Suiso Energy, Ltd. (JSE) jointly announced today that they have agreed to lease approximately 21 hectares of land on Ohgishima, a reclaimed island in Tokyo Bay where ³Ô¹Ï±¬ÁÏ͵ÅÄ operates the Keihin facility of its East Japan Works, for JSE’s

 

The agreement marks a major step forward for the ongoing demonstration project, which is aimed at establishing large-scale hydrogen liquefaction and transportation technologies for an international liquefied-hydrogen supply chain to be commercialized in the 2030s. The undertaking was selected as a Green Innovation Fund Project by Japan’s New Energy and Industrial Technology Development Organization (NEDO) in August 2021 and is scheduled to run until fiscal 2030 (ending March 2031).

 

JFE and the city of Kawasaki agreed on February 1, 2021 to repurpose land on Ohgishima following the JFE’s suspension of blast furnace operations and other upstream processes at the Keihin facility. A separate agreement was reached on May 28 this year to develop a section of the island known as the Ohgishima District Lead Area. Both agreements will help facilitate JFE’s sustainable development of the area and contribute to carbon-neutrality initiatives in Japan.

 

The demonstration, which is positioned as a lead project in Kawasaki’s future land use plans, is the first step in the reuse of Ohgishima. Hereafter, JFE and the city will cooperate in the development of roads and transportation access, as well as facilities for receiving liquefied-hydrogen tankers.

 

Ohgishima was selected as the liquefied hydrogen receiving site for the project because it is located in one of Japan’s key industrial areas, the Keihin Industrial Zone between Tokyo and Yokohama, where it is well positioned to meet hydrogen demand. ³Ô¹Ï±¬ÁÏ͵ÅÄ, which owns the land, has entered into a lease reservation agreement with JSE, which was established in 2021 to help create a global supply chain for liquefied hydrogen on a commercial scale.

 

In the coming future, ³Ô¹Ï±¬ÁÏ͵ÅÄ will begin removing buildings from the site, after which JSE will begin constructing demonstration facilities. The plan is to complete the facilities in fiscal 2028 and receive a liquefied hydrogen carrier in fiscal 2029, before completing the demonstration in fiscal 2030 and starting to supply hydrogen to Japan in the same year.

 

The three companies look forward to leading the way toward a hydrogen-powered society in Japan from Ohgishima, contributing to the sustainable development of both the local area and the nation as well as bringing Japan closer to carbon neutrality.

 

View of demonstration site

View of demonstration site
 

Agreement signing ceremony

Agreement signing ceremony
 

About ³Ô¹Ï±¬ÁÏ͵ÅÄ Corporation

³Ô¹Ï±¬ÁÏ͵ÅÄ Corporation, one of the world’s leading integrated steel producers, was established through the consolidation of NKK Corporation and Kawasaki Steel Corporation in 2003. The company operates several steelworks in Japan and numerous branch offices and affiliates throughout the world. ³Ô¹Ï±¬ÁÏ͵ÅÄ leverages world-class technologies and know-how to produce a wide range of products based on its “Only One, Number One” strategy of focusing on unique and best-in-class products. The company reported consolidated sales of 2,255 billion yen and consolidated crude steel output of 23.96 million tons in the fiscal year ended March 2021.

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