Marubeni Corp, PT Pertamina to develop BECCS at pulp mill
Japanese trading and investment business conglomerate, Marubeni Corporation, has agreed to develop decarbonisation projects, including BECCS, with PT Pertamina - an Indonesian state-owned oil and natural gas enterprise.
The companies signed a memorandum of understanding to jointly develop a range of projects, including a BECCS project at Marubeni’s pulp mill in Indonesia, producing biomass fuel and creating carbon credits.
Marubeni initiated investing in PT’s Tanjungenim Lestari Pulp & Paper (TEL) facility in South Sumatra in 1995 and PT Musi Hutan Persada, a forest plantation company adjacent to TEL, in 2003. Through this integrated production process from wood to pulp, Marubeni has consistently aimed to supply more sustainable pulp to Asian customers for decades. The proposed BECCS project will be a new initiative for the carbon-negative production of pulp.
PT Pertamina has committed to contributing to the Indonesian Government’s 2060 carbon neutrality target by reducing greenhouse gas emissions by 30% compared to 2010 and developing 10.2 GW of renewable energy facilities by 2026.
Marubeni is enhancing its climate change strategy through the development of CCUS to achieve the Marubeni Long-Term Vision on Climate change announced in March last year and is committed to contributing to the sustainable and economic development of Indonesia through these joint projects.
The companies signed a memorandum of understanding to jointly develop a range of projects, including a BECCS project at Marubeni’s pulp mill in Indonesia, producing biomass fuel and creating carbon credits.
Marubeni initiated investing in PT’s Tanjungenim Lestari Pulp & Paper (TEL) facility in South Sumatra in 1995 and PT Musi Hutan Persada, a forest plantation company adjacent to TEL, in 2003. Through this integrated production process from wood to pulp, Marubeni has consistently aimed to supply more sustainable pulp to Asian customers for decades. The proposed BECCS project will be a new initiative for the carbon-negative production of pulp.
PT Pertamina has committed to contributing to the Indonesian Government’s 2060 carbon neutrality target by reducing greenhouse gas emissions by 30% compared to 2010 and developing 10.2 GW of renewable energy facilities by 2026.
Marubeni is enhancing its climate change strategy through the development of CCUS to achieve the Marubeni Long-Term Vision on Climate change announced in March last year and is committed to contributing to the sustainable and economic development of Indonesia through these joint projects.
