Its roles Investor / Financier Offtaker
Mitsubishi Corporation (三菱商事株式会社), headquartered in Tokyo, Japan, is Japan's largest sogo shosha (general trading company). Established in 1954, it operates globally across diverse sectors including energy, metals, machinery, and chemicals through eight business groups.
In the chemical industry, its Materials Solution Group—particularly the Basic Materials Division—focuses on trading, manufacturing, and sales of petrochemicals (olefins, aromatics, plastics) and basic chemicals (PVC, methanol, ammonia, chlor-alkali products). The group invests in key projects such as Saudi petrochemical facilities via SPDC Ltd., methanol production in Trinidad and Tobago (CGCL) and Venezuela (METOR), and subsidiaries like Mitsubishi Corporation Plastics Ltd. and Mitsubishi Shoji Chemical Corp. With over 900 consolidated companies and 62,000 employees, it maintains a vast network for supply chain management and sustainability initiatives in materials.
Also known as Mitsubishi Shoji Kabushiki Kaisha.
chemXplore tracks 2 projects involving Mitsubishi Corp, of which one is active.
Besides this one, the record holds 1 completed project.
Closest to start-up first.
The 1 that is completed, on hold or cancelled are in the record. See all 2 in chemXplore →
Notice to Proceed issued for LNG Canada Phase 2 after FID; contract mainly lump-sum with some cost-plus; JGC to recognise US$7.5bn in fiscal 2026 after FEED update.
Notice to proceed issued; US$7.5bn share to be recognized in Q3 FY2026; Phase 2 adds one storage tank and two trains, doubling output to ~28 Mtpa.
Phase 2 will double Kitimat LNG output to 28 mtpa; Shell’s 40% stake adds nearly 6 mtpa, with commercial operations targeted in the early 2030s.
Planned for 12 wells (6 producers/6 injectors), currently 5 producers and 3 injectors are tied in; Mero averaged about 740 mbpd in Q2 2026; PRM monitoring and HISEP separation are being deployed.
Record oil, NGL and gas output reached 3.34 MMboed in Q2, up 14.1% YoY; operated production 4.87 MMboed; refinery utilisation 101.2% and derivative imports at pandemic-low.
Turning agricultural residues into bio‑based chemicals; trialled at 50,000‑L fermentation scale; pilot‑scale bio muconic and adipic acid targeted by 2028; pathway to 100% bio‑based nylon 6,6 and expanded market access.
Supply chain uses renewable naphtha from waste and residues to make drop‑in renewable nylon fiber for outdoor apparel, targeting product use in August 2026.
Limited notice to proceed issued to begin early planning and key activities for the proposed Phase 2 expansion at the LNG Canada Kitimat export facility, supporting an FID that would double 14 Mtpa.
