MHI Receives 'Environmental Business Award' for CO2 Recovery Pla

MHI Receives 'Environmental Business Award' for CO2 Recovery Plant 
- In "eco japan cup 2012," Environmental Business Contest - 
Tokyo, Feb 25, 2013 - (JCN Newswire) -  Mitsubishi Heavy Industries, Ltd. (MHI)
has received an "Environmental Business Award" in the eco japan cup
2012 for its innovative carbon dioxide (CO2) recovery plant. The eco japan cup
is an environmental business contest sponsored primarily by Environmental
Business Women, a general incorporated association, and the Ministry of the
Environment. MHI was cited for its sustained initiatives in technological
enhancement in this area and its track record in promoting related technology,
as well as for the effectiveness of its carbon capture and storage (CCS)
technology toward curbing global warming. 
MHI's CO2 capture technology employs a high-performance chemical
absorption method utilizing the absorption solvent "KS-1(TM)", which
was jointly developed by MHI and Kansai Electric Power Co., Inc. MHI's
technology results in the consumption of significantly less energy than other
recovery methods. Since 1999 MHI has delivered 10 CO2 recovery plants for
chemical plant applications worldwide to capture CO2 from the flue gas of
boilers fired by natural gas or fuel oil, and one other plant is currently
under construction. This track record places MHI as the leader in commercial
applications of CO2 recovery plants. 
In CCS applications, MHI has built a CO2 capture plant on a scale of 500
metric tons per day (mtpd), jointly with Southern Company, a major U.S.
electric utility, at Plant Barry coal-fired power generation plant in the U.S.
state of Alabama. The CCS demonstration for coal-fired flue gas is being
conducted at this plant since June 2011. MHI has also been participating in
various CCS projects around the world, including the technology qualification
program of a 3,400 t/d CO2 capture plant for a gas-fired combined heat and
power (CHP) plant in Norway. The company is thus now in a solid position to
accommodate construction of commercial-scale plants to capture CO2 from the
flue gas of thermal power plants. 
The eco japan cup is an annual event launched in 2006 to promote ecologically
friendly economic activities by cultivating and supporting new ecological
businesses, sponsored by Environmental Business Women, the Ministry of the
Environment, the Ministry of Land, Infrastructure, Transport and Tourism, the
Ministry of Internal Affairs and Communications, the Development Bank of Japan
and Sumitomo Mitsui Banking Corporation. Awards are presented in a number of
categories including business, culture, lifestyle and policy. In 2012, the
seventh year since the contest was introduced, a total of 40 awards were
bestowed. MHI was one of two recipients of the year's Environmental
Business Award, which recognizes ecological products and business operations
that can be expected to make major contributions to society. 
Environmental Business Women is a nongovernmental organization established in
2007. It evolved out of informal talks by female entrepreneurs who created
businesses engaged in environmental pursuits; those discussions were launched
in 2004 upon the suggestion of Yuriko Koike, who was then Minister of the
Environment in Charge of Global Environmental Problems. 
Encouraged by its receipt of the eco japan cup award, MHI now aims to pursue
further advances in CO2 capture technology and contribute to global efforts to
prevent global warming. 
About Mitsubishi Heavy Industries 
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one
of the world's leading heavy machinery manufacturers, with consolidated
sales of 2,820.9 billion yen in fiscal 2011, the year ended March 31, 2012.
MHI's diverse lineup of products and services encompasses shipbuilding,
power plants, chemical plants, environmental equipment, steel structures,
industrial and general machinery, aircraft, space rocketry and air-conditioning
systems. For more information, please visit the MHI website at 
Mitsubishi Heavy Industries
Hideo Ikuno
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