Majority shareholder of Gasvalpo since 2021 acquisition. Supports the green hydrogen pilot as part of decarbonization efforts, leveraging experience from gas distribution in Australia and Portugal.[1][5]
Marubeni has signed a historic green ammonia offtake agreement with Envision Energy, representing a strategic partnership to facilitate large-scale production, supply, and commercialization of green ammonia globally. This partnership leverages Marubeni's expansive global network and energy trade expertise combined with
Founded in 1858, Marubeni is one of Japan’s largest trading firms. Actively expanding into the hydrogen sector, the company recently agreed to a long-term offtake (purchase) of low-carbon ammonia from ExxonMobil’s Baytown facility, with plans to supply Japanese utility customers and acquire equity in the project[3].
Marubeni is a major trading house with global reach. It is involved as an offtake partner for green ammonia produced by Envision's facility, indicating significant market support for green ammonia adoption in fertilizers, chemicals, and maritime transport industries.[4]
Japanese trading company securing an equity stake in Exxon's Baytown hydrogen project and committing to purchase 250,000 metric tons per year of low-carbon ammonia. Marubeni is pursuing 1.5 million tons/year of hydrogen by 2030.
Marubeni is partnering with Hitachi to launch a new hydrogen fuel delivery project in Japan, leveraging existing delivery networks to supply hydrogen to homes.
