Oleksandr Riepkin met with General Manager of the ITOCHU Corporation Representative Office in Ukraine Shigeru Kohno

During the meeting, the parties presented their key developments in the field of green ammonia and green hydrogen, as well as discussed opportunities and potential areas for further cooperation.

ITOCHU Corporation is one of the 3 top Japanese trading companies and among the 500 biggest companies in the world. ITOCHU has started its activity in 1858. Since then, the company has evolved and grown into a huge international structure with diversified range of activities. ITOCHU engage in environmental clean tech businesses that are projected to contribute to society`s shift toward decarbonisation and circular economy, such as ammonia and hydrogen.

Japan sees hydrogen as a major way to decarbonize its economy while sustaining its industrial competitiveness. Japan was the first country in the world to draw up a Hydrogen Strategy in 2017. Hydrogen is among the 14 sectors identified under the Green Growth Strategy Through Achieving Carbon Neutrality in 2050 (announced in December 2020). Also, Japan has the greatest number of hydrogen fuel stations of any country worldwide - as of March 2021, there were 134 operational hydrogen refueling stations.