TOKYO -- Japanese oil refiner Idemitsu Kosan will invest 190 billion yen ($1.36 billion) to establish infrastructure for sustainable aviation fuel and imported ammonia as it shifts toward becoming a reliable supplier of greener energy.
Petroleum group to slash refinery capacity in green transition

Idemitsu will install production equipment for sustainable aviation fuel in Chiba prefecture and create a site for receiving imported ammonia in western Japan. (Photo by Kosuke Imamura)
TOKYO -- Japanese oil refiner Idemitsu Kosan will invest 190 billion yen ($1.36 billion) to establish infrastructure for sustainable aviation fuel and imported ammonia as it shifts toward becoming a reliable supplier of greener energy.