Sumitomo Corporation concludes agreement with Eneos and SEDC Energy on clean hydrogen supply chain

Start of FEED for hydrogen production to commence the operation by 2030

Sumitomo Corporation together with ENEOS Corporation and SEDC Energy have signed a Joint Development Agreement for the establishment of a clean hydrogen supply chain utilizing renewable energy in Malaysia.

The clean hydrogen supply chain to be jointly developed under the Agreement aiming approximately 90,000 tons per year of clean hydrogen production (including 2,000 tons of hydrogen for local consumption in Sarawak), converting the hydrogen to MCH, an efficient form of hydrogen transportation, and exporting MCH to Japan.

The clean hydrogen will be electrolyzed by renewable energy from hydropower in Sarawak, Malaysia. We will begin the Front End Engineering Design (FEED), aiming to commence the commercial operation by 2030. SC will take lead in evaluating the project feasibility and financing arrangements.

ENEOS will take lead in the technical part of MCH production, maritime transportation to Japan. SEDC Energy will be responsible for securing electricity and take lead in the technical part of hydrogen production.