Taiyo Nippon Sanso and Suzuki Shokan have established a Joint Venture and are constructing a new compressed hydrogen plant in Anegasaki, Chiba with a production capacity of 1000 m3/h.
The new JV company, in which both companies contribute equal shares of the capital, is called Keiyo Suiso and will commence supplying gas at the end of September.
The complex in Chiba plans to construct a pipeline to re-supply hydrogen from one location, named the Ring III project. This will be achieved by linking together the hydrogen pipelines of 6 different plants, namely Idemitsu Kosan, Cosmo Oil, Kyokuto Petroleum Industries, Mitsui Chemicals, Sumitomo Chemicals and Maruzen Petrochemicals.
Once linked, the complex in Chiba can increase the recovery and reuse of the by-product hydrogen from each of the pipeline processes. The Ring III project was established with the purpose of increasing the ability of the complex to compete on an international scale, bringing 2 significant factors to the merchant hydrogen market.
Firstly, is the obtaining of a source by Taiyo Nippon Sanso as the company will refine the hydrogen collected from the 6 plants and handle the engineering for the re-supply of the hydrogen. The company has also entered into a contract with Idemitsu Kosan to take over its surplus hydrogen, enabling the firm to obtain a gaseous hydrogen base in Chiba.
The second significant factor is that Suzuki Shokan overhauls its business, entering into consultation with Taiyo Nippon Sanso and arriving at the establishment of the Joint Venture. The company had taken over a source from Maruzen Petrochemicals, but with the present Ring III project the prospect has arisen that it may no longer be able to take over the source from Maruzen and so it entered into the Joint Venture.
The new plant, on-stream by the end of August, is scheduled to commence supplying hydrogen at the end of September.