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Business deals

Japan's Marubeni looks to import industrial CO2 from South Korea

Trading house seeks to secure supply as production falls

Japan will import carbon dioxide from South Korean hydrogen factories run by Approtium. (Photo courtesy of Approtium)

TOKYO -- Japanese trading company Marubeni plans to import industrial-use carbon dioxide from a South Korean hydrogen producer as production dries up due to the global shift away from fossil fuels.

Marubeni has signed a memorandum of understanding with Approtium, South Korea's largest hydrogen producer, for exclusive negotiations on shipments to Japan.

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