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Billion-dollar Mitsubishi chemical plant economically questionable, energy group says

  • A $1.3 billion chemical plant in Louisiana by Mitsubishi is considered economically questionable and increases greenhouse gas emissions, according to the IEEFA report.
  • The IEEFA report labeled the Mitsubishi project as "the wrong project, at the wrong place and time."
  • The facility is projected to release over 780,000 tons of carbon dioxide annually, despite alternatives being available.
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Billion-dollar Mitsubishi chemical plant economically questionable, energy group says

An energy group says a $1.3 billion chemical production facility to be built in Louisiana by Japanese conglomerate Mitsubishi Chemical Group is economically questionable and unnecessarily increases greenhouse gas emissions.

·United States
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, July 22, 2024.
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