Mitsubishi Heavy Industries and Taiwan Fertilizer Sign MoU for Joint Study on Developing Fuel Ammonia Value Chain in Taiwan

Tokyo, August 7, 2024 - Mitsubishi Heavy Industries, Ltd. (MHI) has entered into a Memorandum of Understanding (MoU) with Taiwan Fertilizer Co., Ltd. (TFC) to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan. This is in support of Taiwan's "2050 Net-Zero Emissions" goal.