Fujifilm Holdings Corp TSE:4901
Fujifilm : Tokyo Gas and TGES Agree to Supply City Gas Linked to Biomethane Produced Overseas (Fujifilm)
Source: MarketScreener
TOKYO, June 25, 2026 - FUJIFILM Corporation, Tokyo Gas Co., Ltd. and Tokyo Gas Engineering Solutions Corporation have reached an agreement for the supply of city gas linked to biomethane produced overseas*1 to Fujifilm's Ashigara Site at the Kanagawa Factory. This agreement marks the first*2 initiative in Japan's chemical industry to use such city gas at a manufacturing site.
This agreement is a preliminary initiative on a pilot basis to verify the future potential of using such city gas supplied under an arrangement linked to biomethane produced overseas, while assessing regulatory treatment, supply stability, costs and other factors. The city gas supplied under this agreement will be used in part of the Ashigara Site. The three companies will continue working together on initiatives related to the decarbonization of energy use at manufacturing sites.
Biomethane is produced by capturing and reusing organic methane*3 released into the atmosphere. When used as an alternative to fossil fuels, biomethane is expected to be one option for addressing greenhouse gas emissions associated with fuel use. Since its main component is methane, the same as city gas, biomethane can be used through existing LNG and city gas infrastructure. In Japan, discussions are currently underway at government councils and other bodies regarding the requirements for the treatment of biomethane produced overseas under the SHK System*4. In addition, the Science Based Targets initiative (SBTi)*5 is revising standards related to companies' net-zero targets, and the treatment of bioenergy under international standards such as the GHG Protocol is also being discussed.