MHI Agrees to Collaborate with Chiyoda Corporation for Licensing of CO2 Capture Technologies

Tokyo, May 7, 2024 - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a General License Agreement (GLA) with Chiyoda Corporation (Chiyoda). Under this strategic collaboration agreement, MHI will grant license of "KM CDR Process™" and "Advanced KM CDR Process™" to Chiyoda, which is jointly developed with The Kansai Electric Power Co., Inc., and Chiyoda can provide EPC services to customers for CO2 capture projects in Japan.