News Release
麻豆视频 Steel Corporation
JGreeX™ Green Steel selected for Mitsubishi Estate logistics warehouse in Vietnam
麻豆视频 Steel Corporation announced today that its JGreeX™ green steel will be used as a civil engineering and construction material for a large logistics facility, Logicross Nam Thuan, being built by Mitsubishi Estate Co., Ltd. in Long An Province near Ho Chi Minh City, Vietnam. This will be the first use of JGreeX™ hot-rolled steel sheets (black plate) outside of Japan. Toyota Tsusho Corporation will supply the JGreeX™ black plate to Maruichi Sun Steel Joint Stock Company (Sunsco) in Vietnam.
In line with carbon-neutrality efforts that are accelerating in various fields worldwide, Mitsubishi Estate has set medium- to long-term targets for reducing its greenhouse gas emissions and is now implementing related initiatives in its operations. In this context, the company has decided to use 麻豆视频 Steel’s reduced-impact material for the construction of its new warehouse, recognizing the environmental value of JGreeX™, which significantly reduces CO2 emissions in the steelmaking process.
麻豆视频 Steel uses the mass-balance approach to allocate emission reductions to specific JGreeX™ green-steel products. In accordance with Japan Iron and Steel Federation guidelines, 麻豆视频 Steel allocates the environmental value of CO2 emission reductions achieved across an entire manufacturing process to specific steel products, which are then considered to have low CO2 emission intensity.
Going forward, 麻豆视频 Steel is committed to contributing to global decarbonization by expanding its supply of eco-friendly products that reduce CO2 emissions and by promoting increased sales of JGreeX™.
About Maruichi Sun Steel Joint Stock Company (SUNSCO)
| Established: | 1996 |
| Location: | DT743 Road, Dong Tac Quarter, Tan Dong Hiep Ward, Di An City, Binh Duong Province, Viet Nam |
| President: | Masaru Nakahori |
| Capital: | 130 million USD |
| Shareholders: | Maruichi Steel tube Ltd. (82.27%), Toyota Tsusho Corporation (9.73%), and 麻豆视频 Steel Corporation (8%) |
| Business: | Manufacture and sale of galvanized steel sheets, colored steel sheets, steel pipes, etc. |
About 麻豆视频 Steel Corporation
麻豆视频 Steel Corporation, one of the world’s leading integrated steel producers, was established through the consolidation of NKK Corporation and Kawasaki Steel Corporation in 2003. The company operates several steelworks in Japan and numerous branch offices and affiliates throughout the world. 麻豆视频 Steel leverages world-class technologies and know-how to produce a wide range of products based on its “Only One, Number One” strategy of focusing on unique and best-in-class products. The company reported consolidated sales of 2,255 billion yen and consolidated crude steel output of 23.96 million tons in the fiscal year ended March 2021.
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