Idemitsu and Mitsubishi Corporation are collaborating on a groundbreaking project to develop a supply chain for low-carbon ammonia and hydrogen. The joint study includes the efficient operation of clean ammonia carriers and transshipment terminals, participation in ExxonMobil's low-carbon hydrogen and ammonia production project in Baytown, Texas, and the procurement of ammonia. The project aims to produce virtually carbon-free hydrogen with a significant reduction in CO2 emissions and low-carbon ammonia, with plans for a final investment decision in 2025. The goal is to commence production by 2029, making it the world's largest facility of its kind. In Japan, both companies are working on establishing ammonia terminals to facilitate its transportation and usage in various industries by 2030. Ammonia's environmental benefits, such as its CO2-free combustion and compatibility with existing infrastructure, position it as a key player in decarbonization efforts across energy, transportation, and chemical sectors.