MOL PLUS’ Investment in Kyoto Fusioneering Led to MOL’s Decision to Join J-Fusion, where Representative of Kyoto Fusioneering Serves as Chairman

~ Exploring Possibilities for Collaboration in Fusion Industry on Medium- to Long-term Timeline ~

· News

TOKYO—MOL PLUS Co., Ltd. (CEO: Takuya Sakamoto; Headquarters: Minato-ku, Tokyo) today announced that investment in Kyoto Fusioneering Ltd. (Representative: Satoshi Konishi; Head Office: Kyoto-fu) (Note 1) led to the decision by Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) to join the Japan Fusion Energy Council (J-Fusion).

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J-Fusion is a council chaired by Satoshi Konishi, a Representative of Kyoto Fusioneering. It was established after the Secretariat of Science, Technology and Innovation of the Cabinet Office formulated a national strategy for the commercialization of fusion energy (nuclear fusion power generation, Note 2), which will become a new industry. The council is composed of private companies, universities, research institutes, public institutions, and national organizations, and plays a coordinating role in creating rules for the development of the fusion energy industry (to enable domestic and foreign companies and organizations to conduct nuclear fusion business in Japan) and in deepening cooperation with related overseas organizations.

 

MOL PLUS will contribute to creating the fusion energy industry by collaborating, over the medium to long term, in meeting the shipping-industry transport needs that arise in the process of using fusion energy and in the development of offshore business.

 

MOL PLUS continually works to generate synergetic effects based on startup companies’ innovative ideas and technologies combined with the MOL Group’s resources, through investment in and collaboration with startups, with the aim of creating new businesses PLUS new value to the ocean shipping industry and society.

 

 

(Note 2) Overview

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For further information, please contact:

MOL PLUS (website: https://en.molplus.net/)

Tel: +81-3-3587-7643/Email: molplus@molgroup.com