Mining and infrastructure solutions provider Orica and Mitsubishi Heavy Industries (MHI) have collaborated to explore opportunities for emission reduction initiatives to pursue both companies’ shared decarbonisation ambitions.
Established through the recent signing of a memorandum of understanding, the partnership will leverage MHI’s reputation for manufacturing excellence and innovation and Orica’s existing presence and emerging opportunities in the global renewable hydrogen and ammonia markets.
The collaboration will explore technology deployment opportunities for renewable hydrogen and renewable ammonia production near Orica’s facilities in Newcastle and Gladstone.
The project also seeks to create demand opportunities for renewable hydrogen and renewable ammonia in the power generation, maritime, industrial and agricultural industries and investigate activities to further reduce emissions from Orica’s existing operations.
“We are delighted to partner with MHI, a company that shares our vision and commitment to a more sustainable future. This collaboration signals another step towards building Orica’s climate resilience and opportunities to support further growth while supporting our customers to achieve their ESG goals. We look forward to working with MHI to explore potential emissions reduction opportunities for our organisations and our customers,” said Andrew Stewart, chief development and sustainability officer at Orica.
“It is a great honour to be able to collaborate with Orica, a leader in decarbonising hard-to-abate industry and developing low carbon fuel value chain in Australia. We are looking forward to contributing to Orica’s Net Zero Ambition through our reliable technology in the future,” said Dr Hitoshi Kaguchi, senior executive vice president at MHI.
The partnership is part of Orica’s commitment to building a strong pathway towards achieving net zero emissions by latest 2050 while positioning the business for a lower carbon world.
Orica’s continued partnerships and investment in decarbonisation and the production of renewable hydrogen and renewable ammonia are expected to support Orica’s sustainability goals. Furthermore, the company also aims to support the individual goals of existing and future customers, including in key Asian growth markets such as Japan.
