Nippon Coke & Engineering Co., Ltd. Consolidated Financial Report for Fiscal Year Ended March 31, 2023 Consolidated Financial Report for Fiscal Year Ended. | May 18, 2023
CMB, ITOCHU and Nippon Coke & Engineering Company are setting up a company focusing on local hydrogen production for consumption on the northern island of Kyushu, Japan.
Using Nippon Coke s hydrogen and CMB s hydrogen engine, it is hoped both supply and demand of hydrogen will be fulfilled on the island.
The cooperation ensures an early supply chain based on local production for use on Kyushu to help realise a carbon-free society.
The anticipated initial yearly production will be 500,000 kilograms of hydrogen per year.
Since 2017, CMB has developed a wide variety of hydrogen powered applications, both for the maritime and port industry.