Singapore, April 19, 2026 (GLOBE NEWSWIRE) —
The CCUS Hub Examine is investigating the technical and business feasibility of frequent infrastructure within the Asia-Pacific area as an emissions discount possibility for hard-to-abate industries (primarily steelmaking).First milestone full with Section 1 of the Examine assessing greater than 3,000 potential hub places and narrowing the record to 5 key hubs in India (two hubs), Indonesia, Malaysia, and Australia.The 5 key hubs spotlight the alternatives and business feasibility for large-scale CCUS adoption and supply the scope of research for Section 2.In Section 2, the recognized hubs might be additional outlined and optimised, with a concentrate on business mannequin growth and extra rigorous regulatory hole evaluation.The aim of the Examine is to ship tailor-made evaluation that helps {industry} understanding of CCUS. The Examine additionally goals to extend public understanding of CCUS in Asia.The Examine welcomes three new {industry} companions: Kawasaki Kisen Kaisha, Ltd. (“K” LINE), Kobe Metal LTD, and Low Emission Know-how Australia (LETA).
An {industry} Consortium growing a first-of-its-kind Carbon Seize, Utilisation and Storage (CCUS) Hub Examine for Asia has recognized 5 hubs as potential storage choices after assessing over 3,000 website places.
The Examine focuses on the seize, transport, and long-term storage of carbon dioxide emissions (CO₂) from hard-to-abate sectors, together with metal, cement and chemical substances.
The Consortium, comprised of main steelmakers ArcelorMittal Nippon Metal India, JSW Metal, Hyundai Metal Firm, and different worth chain gamers, BHP, Chevron, and Mitsui & Co., Ltd., commits to sturdy {industry} collaboration in advancing CCUS pathways. It welcomes three new companions, which can deepen the Examine’s enter throughout the worth chain and increase the dimensions of the chance geographically:
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“K” LINE joins because the strategic professional in delivery know-how for carbon dioxide. Kobe Metal LTD. brings deep technical steelmaking expertise and abatement commitments. LETA gives industry-leading experience on international lower-emissions applied sciences.
The {industry} Consortium commenced a prefeasibility research in August 2025 to judge the event alternative of CCUS hubs throughout Asia.
By means of a high-level choices research, Section 1 of the mission assessed greater than 3,000 potential storage websites throughout the Asia-Pacific. This course of narrowed the sphere to 5 hubs positioned in India (two hubs), Indonesia, Malaysia, and Australia – every chosen for his or her potential efficiency throughout the complete CCUS worth chain, together with seize, aggregation, transport, export to storage, utilisation approaches together with know-how and business readiness and market analysis, and the coverage and business situations wanted for deployment.
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The 5 hubs had been chosen on the idea of them offering a various set of traits, serving to the Examine look at essential commerce‑offs, form the CCUS growth pathway, and pinpoint the sensible steps required for feasibility. The chosen hubs signify regional and worldwide places and embrace each onshore and offshore storage.
The findings thus far display that no matter which hub is chosen, sturdy coverage assist, focused incentives, and clear regulatory frameworks are important to creating CCUS commercially viable.
Section 2 of the Examine will undertake detailed engineering and business evaluation of the 5 shortlisted hubs. This contains maturing engineering definition and growing potential implementation roadmaps to handle key alternatives and challenges. The work will culminate in conceptual growth plans outlining the enterprise case, worth chain design, CO₂ forecasts, and potential pathways to abatement realisation for every hub.
By leveraging shared infrastructure and economies of scale, the Examine seeks potential purposes for captured CO₂ in industrial processes, or transport captured CO₂ through pipeline or delivery to storage websites.
The aim of the Examine is to ship tailor-made evaluation that helps {industry} understanding of CCUS. The Examine additionally goals to extend public understanding of CCUS in Asia.
The CCUS Hub Examine is being delivered by Hatch as Mission Administration Officer in collaboration with Tempo CCS, McDaniel, and International CCS Institute.
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The Consortium continues to welcome new companions and emphasises that CCUS stays a important pathway for industries wanting to realize internet zero emissions.
Quotes from the Consortium events
“K” LINE: Michitomo Iwashita, Senior Managing Company Officer
“We believe that CCUS will play a vital role in realizing a carbon neutral society in the future. In particular, for hard to abate sectors such as the steel industry, CCUS represents an indispensable solution for achieving decarbonization.
“Through our participation in this consortium, we will deepen collaboration with industry partners and actively contribute, from the perspective of maritime transportation, to the establishment of a sustainable CO₂ value chain.”
LETA: Mark McCallum, CEO
“This is exactly the kind of serious, cross-industry and international collaboration that demonstrates how industries critical to the world’s economies including mining, steel, cement and power generation, can all work together to address the challenges of decarbonisation.
“The consortium has identified a number of decarbonisation opportunities across the region, as well as the technologies and policies that will be needed to unlock investment and action.”
Kobe Metal LTD: Yoichiro Yamazaki, Govt Officer for the Know-how Technique & Planning Division and companywide technical growth
“Decarbonising hard-to-abate industries will require scalable solutions, collaboration and enabling policy and regulatory frameworks. The Study has reached an important milestone and provides a strong foundation for further technical definition going forward.
“We joined the Consortium to bring steelmaking expertise and to play an active role in advancing practical approaches to CCUS deployment that support emissions reduction and the long-term sustainability of the industry. We look forward to continuing to work with partners to help develop actionable routes toward real-world implementation.”
ArcelorMittal Nippon Metal India: Dr. Arvind Bodhankar, Chief Sustainability Officer
“The study has delivered critical and encouraging insights, highlighting the strength and success of the Consortium’s collaborative approach.
“As we transition to Phase 2, I am confident the work will progress effectively, providing greater clarity through detailed engineering, commercial analysis, and strengthening pathways toward large-scale deployment.
“As outlined in ArcelorMittal Nippon Steel India’s Climate Action Report 2024, Carbon Capture, Utilisation and Storage (CCUS) is one of the key levers to achieve the net zero goal for our company.
“We have consistently supported credible, collaborative initiatives that accelerate large-scale CO₂ emissions reduction.
“We strongly advocate sustainable steelmaking as both a competitive imperative and a responsibility to the communities around us, particularly for the generations to come.”
BHP: Dr Ben Ellis, Vice President Advertising and marketing Sustainability
“BHP is committed to supporting our steelmaking customers to decarbonise as demand for high quality steel continues to grow to expand energy networks, build infrastructure and support a growing population.
“With more than 1 billion tonnes of production a year in Asia coming from blast furnace capacity that is relatively early in its production life, it’s important for industry to progress technologies to lower the emissions intensity of existing steelmaking assets while new commercial pathways to decarbonise steelmaking are developed over time.
“Innovative solutions—like the potential of CCUS—are an essential part of decarbonising hard-to-abate sectors such as steelmaking. This study will play an important role in leveraging shared knowledge and resources across the industry with many of the world’s leading steelmakers mentioning carbon capture, utilisation and storage (CCUS) in their decarbonisation plans.”
Chevron Australia New Energies (CANE): David Fallon, Australia’s Decrease Carbon Execution Basic Supervisor
“Chevron Australia looks forward to the outcomes of the CCUS Hub study. We believe in the critical role carbon capture and storage (CCS) can play in a lower carbon world.
“We continue to leverage our expertise and global reach to advance CCS technologies and scale lower carbon solutions across the value chain including in the hard-to-abate sector.”
Hyundai Metal Firm: Yonghee Kim, Vice President, Course of R&D Sub-Division
“As we conclude Phase 1 of the project, we have not only identified five highly promising CCUS hubs, but also laid a strong foundation for large-scale CO₂ reduction through close collaboration among the Consortium members.
“The participation of new Consortium members is expected to further enrich perspectives and strengthen cross-industry cooperation.
“Hyundai Steel remains committed to leading the development of CCUS and other low-carbon technologies, contributing to enhanced sustainability across the industry.”
JSW Metal: Prabodha Acharya, Chief Sustainability Officer
“The completion of Phase 1 of the CCUS Hub Study marks an important milestone in building the foundations for largescale industrial decarbonisation in India and the Asia -Pacific region.
“As one of India’s leading steel producers, JSW Steel is taking a leadership role in advancing CCUS as a critical enabler for hard-to-abate sectors, alongside renewable energy, efficiency, and process innovation.
“This Phase 1 work reflects JSW’s commitment to convening industry partners, technology providers, and policymakers to develop shared infrastructure and credible, investable pathways that can accelerate India’s net zero transition while strengthening industrial competitiveness.”
Mitsui & Co., Ltd.: Hideaki Konishi, Managing Officer, Mineral & Metallic Assets BU COO
“Mitsui welcomes the new member companies joining the CCUS Hub Study Consortium and looks forward to further strengthening cross‑industry collaboration in Phase 2, which will involve detailed analysis of five shortlisted hubs.
“Identifying promising hub candidates across the Asia-Pacific region through this Study represents an important step toward establishing viable pathways for large-scale CO₂ reduction.
“By bringing together diverse expertise across industries, Mitsui will work with the Consortium partners to support the deployment of the CCUS hub in Asia and accelerate progress toward achieving net zero emissions by 2050.”
Hatch: Jan Kwak, Managing Director, Local weather Change Applied sciences
“Hatch is fiercely committed to the pursuit of a better world through positive change and continues to deliver world-class project delivery, professional services and engineering solutions for the metals, energy and infrastructure industries.
“Working with the CCUS Consortium, we realise a shared vision – one where we create unprecedented outcomes for our environment, businesses, and communities as we tackle some of the hardest-to-abate industries.
“We’re proud to support the Consortium and clients around the world to mitigate greenhouse gas emissions and meet their carbon neutral commitments.
“This study represents real, tangible progress and proves CCUS is the best technology for advancing carbon abatement efforts.”
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Concerning the Consortium Members
“K” LINE: Based in 1919, is among the world’s main delivery firms, working a diversified fleet throughout a variety of maritime transportation sectors. Constructing on its intensive expertise in liquefied fuel carriers, together with LPG carriers since 1974 and LNG carriers since 1983, “K” LINE has expanded into LCO₂ transportation enterprise.
Particularly, we’re accumulating hands-on expertise and operational know-how in LCO₂ transportation by means of participation in a number of CCS-related initiatives comparable to “Northern Lights” in Norway and a few government-supported initiatives in Japan.
Based mostly on these experiences, “K” LINE is nicely positioned to contribute to the secure and dependable LCO₂ transportation within the CCUS worth chain.
Particularly, we goal to assist the decarbonisation of hard-to-abate sectors, together with the metal {industry}, by means of a spread of sensible initiatives, comparable to working LNG-fuelled bulk carriers, transporting direct diminished iron (DRI), and in addition offering LCO₂ transportation options.
The “K” LINE Group is actively selling a spread of initiatives geared toward supporting its personal decarbonisation efforts and people of society in accordance with its long-term environmental pointers, “K” LINE Environmental Imaginative and prescient 2050 – Blue Seas for the Future.
LETA: Low Emission Know-how Australia (LETA) is a not-for-profit funding fund that accelerates the event and deployment of know-how options to cut back and take away greenhouse fuel emissions from hard-to-abate industrial sectors together with metal, cement, chemical substances, and energy era.
Since 2006, LETA members have contributed greater than $400 million to low emissions initiatives, unlocking a complete funding of $1.1 billion. LETA brings collectively {industry}, authorities, and analysis to drive sensible, scalable pathways to internet zero for industries that can’t merely electrify.
Kobe Metal, Ltd. (KOBELCO): Is a Japan-based diversified producer with three core enterprise areas: supplies, equipment and electrical energy. Based in 1905, KOBELCO’s Supplies enterprise contains steelmaking and associated merchandise that assist a variety of industries.
KOBELCO is dedicated to reaching carbon neutrality by 2050 and is advancing initiatives that mix know-how growth with sensible course of transition.
As a part of its decarbonisation efforts, KOBELCO is exploring pathways together with hydrogen and carbon seize and storage (CCS).
Recognising that progress relies upon not solely on know-how but additionally on enabling situations, KOBELCO works with stakeholders throughout the worth chain—together with suppliers, prospects, governments and {industry} our bodies—to assist construct GX provide chains and the market and coverage frameworks wanted for sustainable decarbonisation.
BHP: Is a worldwide sources firm. With greater than 90,000 staff and contractors, we work in additional than 90 places worldwide and our merchandise are offered globally.
We’re targeted on the sources the world must develop and decarbonise. Inhabitants development, urbanisation and enhancing dwelling requirements are international traits that underpin sturdy demand for the commodities we produce. Demand for important commodities is anticipated to extend because the world seeks to decarbonise. Our mission pipeline and concentrate on steady enchancment in current operations depart us nicely positioned throughout our 4 key commodity pillars of copper, potash, iron ore and steelmaking coal within the a long time forward.
We’re partnering with prospects and others to attempt to speed up decarbonisation in steelmaking. BHP’s 2030 targets embrace supporting {industry} to develop metal manufacturing know-how able to 30 per cent decrease GHG emissions depth relative to traditional blast furnace steelmaking, with widespread adoption anticipated post-2030.
ArcelorMittal Nippon Metal India (AM/NS India): Is a three way partnership between ArcelorMittal and Nippon Metal, two of the world’s main metal manufacturing organisations. A number one built-in flat carbon metal producer in India, the corporate has a crude metal capability of 9 million tonnes each year with state-of-the-art downstream services.
It produces a completely diversified vary of flat metal merchandise, together with value-added metal, and has a pellet capability of 20 million tonnes. The corporate can also be organising an 8.2 million tonnes each year built-in metal plant in Andhra Pradesh. With the goal to make metal manufacturing climate-neutral, ArcelorMittal Nippon Metal India has strategic plans to transition its enterprise to cleaner know-how and is seeking to strengthen its sustainability roadmap by means of clear vitality sources viz., renewable energy, pure fuel, carbon seize utilization and/or storage and inexperienced hydrogen. ArcelorMittal Nippon Metal India is the one built-in metal firm in India to obtain the Inexperienced Metal Certificates from the Union Ministry of Metal.
Hyundai Metal Firm: Established in 1953 as Korea’s first metal producer, is a member of Hyundai Motor Group and a recognised chief in high-performance metal supplies. Hyundai Metal has paved the best way for sustainable development by launching its blast furnace enterprise within the 2010s as a brand new development engine, along with its current electrical arc furnace-based operations.
Hyundai Metal has served as a main mover in Korea’s metal {industry} and is now actively endeavor the institution of an abroad manufacturing base to safe a basis for future development. Hyundai Metal goals to realize net-zero carbon emissions by 2050, emphasising sustainable practices and modern carbon-neutral applied sciences to fulfill government-mandated carbon discount necessities and change into a low-carbon steelmaker.
JSW Metal: Is the flagship firm of the US$23 billion JSW Group, a diversified Indian conglomerate with pursuits spanning vitality, infrastructure, cement, paints, realty, mobility, defence, sports activities, and enterprise capital.
Over three a long time, JSW Metal has advanced into India’s main built-in metal producer with a consolidated crude metal capability of 35.7 MTPA (together with 1.5 MTPA within the US), set to develop to 43.4 MTPA in three years.
Its Vijayanagar plant in Karnataka is India’s largest single-location metal facility at 17.5 MTPA. JSW Metal is recognised for sustainability and operational excellence, incomes accolades just like the Metal Sustainability Champion (2019–2026), Deming Prize for TQM, and prime rankings in CDP disclosures and international sustainability indices. It ranks 1st globally in S&P International CSA Rating 2025 and eighth in World-Class Steelmaker Rankings by WSD.
Dedicated to local weather targets, JSW Metal targets a 42% CO₂ discount by 2030 and net-zero emissions by 2050, aiming to energy steel-making totally with renewables by 2030. It’s additionally licensed as a Nice Place to Work and recognised amongst India’s greatest employers in well being and wellness.
Chevron Australia New Energies (CANE): Is a subsidiary of Chevron, one of many world’s main built-in vitality firms and thru its Australian subsidiaries, has been current in Australia for greater than 70 years.
With the ingenuity and dedication of hundreds of staff, Chevron in Australia operates the Gorgon and Wheatstone pure fuel services and is a major investor in exploration, operates one of many world’s largest built-in CCS initiatives at Gorgon, and delivers high quality fuels and lubricants primarily through its Caltex community of service stations throughout Australia.
Globally, Chevron goals to develop its oil and fuel enterprise, decrease the carbon depth of its operations, and develop new companies in renewable fuels, carbon seize and offsets, hydrogen, energy era for knowledge facilities, and rising applied sciences, by means of numerous subsidiaries together with CANE.
Mitsui & Co., Ltd.: Is a worldwide buying and selling and funding firm with a presence in additional than 60 nations and a various enterprise portfolio masking a variety of industries.
Mitsui & Co., Ltd. identifies, develops, and grows its companies in partnership with a worldwide community of trusted companions together with world main firms, combining its geographic and cross-industry strengths to create long-term sustainable worth for its stakeholders.
Mitsui & Co., Ltd. has set “Global Energy Transition” as one in all Key Strategic Initiatives within the Medium-term Administration Plan 2026.
Hatch: Is a worldwide engineering, mission supply, {and professional} providers agency. We work with shoppers across the globe to design and construct options with them.
With seven a long time of enterprise and technical expertise within the mining, vitality, and infrastructure sectors, we all know and perceive {industry} challenges and reply with options which might be smarter, extra environment friendly, and modern.
We draw upon our 11,000 workers with expertise in over 150 nations to problem the established order and create optimistic change for our shoppers, our staff, and the communities we serve.
CCUS Consortium Members
CCUS Consortium Members
