Initiation of “Technology Development for Para-xylene Production from CO2”

We, University of Toyama, Chiyoda Corporation, Nippon Steel Engineering Co., Ltd., Nippon Steel Corporation, HighChem Company Limited, and Mitsubishi Corporation (hereinafter collectively referred to as the “Group”) are pleased to announce that the Group has jointly applied for and been selected by NEDO for “Development of Technologies for Carbon Recycling and Next-Generation Thermal Power Generation / Development of Technologies for CO₂ Reduction and Utilization / Development of Technologies for CO₂ Utilization for Chemicals”.