Idemitsu Kosan is on track to proceed with a final investment decision (FID) this year for a clean hydrogen and ammonia project in the United States, as reported by Japanese media. The project, developed in collaboration with compatriot Mitsubishi Corporation, marks a significant step towards sustainable energy solutions. The joint venture between Idemitsu Kosan and Mitsubishi Corporation demonstrates a strategic shift towards cleaner energy alternatives, expanding beyond their traditional presence in the oil and ammonia markets. The partnership is poised to bring together the strengths and expertise of both companies to drive innovation and investment in the hydrogen sector. This move not only signifies a commitment to environmental sustainability but also reflects the growing interest and opportunities in the hydrogen market. The project's focus on clean hydrogen and ammonia production aligns with global efforts to reduce carbon emissions and transition towards greener energy sources. The collaboration between Idemitsu Kosan and Mitsubishi Corporation highlights a proactive approach to diversifying energy portfolios and exploring new market opportunities. By combining their resources and knowledge, the two companies aim to contribute to the development of a more sustainable and environmentally friendly energy landscape. The upcoming final investment decision underscores a positive outlook on the potential of hydrogen and clean energy initiatives in the US market.