Idemitsu Kosan and Mitsubishi Corporation have announced a collaboration to enhance the import of low-carbon ammonia by linking their respective import terminals and gas carriers. This partnership aims to promote the use of low-carbon ammonia in various industrial applications. Additionally, Mitsubishi Corporation has chosen Idemitsu Kosan Co. as a partner for a potential joint equity stake and ammonia offtake agreement. The companies are focusing on developing sustainable solutions within the ammonia market, aligning with the global shift towards cleaner energy sources. This joint effort underscores their dedication to reducing carbon emissions and promoting eco-friendly practices in the industry. Moreover, Mitsubishi Corp. is exploring investment opportunities in ExxonMobil's blue hydrogen project located in Baytown, Texas. This strategic move signifies the company's interest in expanding its presence in the hydrogen sector and supporting initiatives that contribute to a greener future. The collaboration between Idemitsu Kosan and Mitsubishi Corporation reflects a positive outlook on advancing low-carbon technologies and fostering sustainable growth in the energy market.