Idemitsu and Mitsubishi team up to establish Japanese e-methanol and biomethanol supply system

In Japan, Idemitsu Kosan Co. and Mitsubishi Gas Chemical Company have agreed to establish a supply system for e-methanol and biomethanol in Japan by March 2026. The new supply system for e-methanol and bio-methanol, targeted at marine fuel applications, is expected to accelerate demand, and expand the market.

In response to the growing demand for e-methanol and biomethanol in the marine fuel sector, the two companies will combine their accumulated knowledge and infrastructure to establish a supply system designed to meet and stimulate market demand. Specifically, the collaboration has three goals:

• Reduce supply costs by jointly operating and efficiently utilizing each other’s methanol storage tanks, bunkering vessels and other facilities.

• Work together to support the development of effective approval procedures by respective authorities and guidelines and related systems at ports where methanol is supplied as marine fuel.

• Explore opportunities for joint procurement of e-methanol and biomethanol.