IHI Corporation (IHI) is a Japan-based engineering and heavy-industry company, formerly known as Ishikawajima-Harima Heavy Industries Co., Ltd. Headquartered in Tokyo, it designs, manufactures, and constructs equipment and large-scale facilities for energy, chemical, and infrastructure markets worldwide.
In the chemical sector, IHI provides EPC services for petrochemical, refinery, and gas-processing plants; supplies core process equipment such as pressure vessels and reactors, heat exchangers, compressors, and other turbomachinery; and is a major builder of large cryogenic storage tanks and terminals, including for LNG and ammonia. The company’s portfolio also includes boilers, gas turbines, and environmental systems used in industrial utilities. IHI develops and applies technologies relevant to the energy transition, such as hydrogen and ammonia handling and carbon capture, and supports customers with lifecycle engineering, maintenance, and modernization services.
Also known as Ishikawajima-Harima Heavy Industries Co., Ltd..
chemXplore tracks 2 projects involving IHI, of which one is active.
IHI's role on them: Owner, EPC, Developer, and Offtaker.
1 new construction.
Offtakers are recorded on this project For subscribers
Targeting: Ammonia (1)
Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.
Low-carbon ammonia from India will be supplied to Japan for power, chemical and industrial use; certification enables price-gap support under the Hydrogen Society Promotion Act.
The joint venture aims to establish an ammonia terminal in Japan by 2030, supporting decarbonization and energy transition with safe, efficient storage and distribution.
