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Mitsubishi Electric Signs Collaboration Agreement with ITRI and TTL Jhunan Brewery in Taiwan for Demonstration Tests of the Capture and Utilization of CO2

1. Mitsubishi Electric collaborates with ITRI and TTL for CO2 capture. 2. Agreement targets sustainability through carbon recycling in beer production. 3. Prior installations of CO2 capture technology demonstrate Mitsubishi's commitment to innovation. 4. Research aims at widespread implementation of carbon capture in various industries. 5. Long-term sustainability trends could enhance Mitsubishi's market position.

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Why Bullish?

The collaboration aligns with global sustainability goals, potentially increasing customer interest and sales, similar to how Tesla's eco-friendly initiatives boosted stock value.

How important is it?

This news supports Mitsubishi Electric's strategic direction towards sustainable technologies, likely attracting environmentally conscious investors and customers.

Why Long Term?

The initiative's success could take time to materialize, akin to how initial uncertainties surrounded Tesla's early green tech projects.

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Will contribute to carbon recycling by capturing and utilizing CO2 in a beer production line

Mitsubishi Electric Corporation (TYO:6503) announced today that it has signed a collaboration agreement with the Industrial Technology Research Institute (ITRI) and the Taiwan Tobacco & Liquor Corporation (TTL) Jhunan Brewery covering their planned demonstration tests of the process of capturing and utilizing CO2. Under this agreement, Mitsubishi Electric, ITRI and TTL will capture CO2 emitted from TTL Jhunan Brewery and purify it for use in a beer production line, aiming to thereby achieve carbon recycling.

In April 2024, Mitsubishi Electric and ITRI concluded a basic agreement to cooperate on research targeting sustainability technologies. Since then, they have been engaged in research and development of carbon dioxide capture and utilization (CCU) technology. In June 2025, Mitsubishi Electric installed a CO2 capture machine developed by ITRI at its Advanced Technology R&D Center in Amagasaki, Hyogo Prefecture, and commenced demonstrations of the capture of CO2 from the flue gas of a gas boiler.

As the next step towards the widespread implementation of CO2 capture technology from flue gases, Mitsubishi Electric and ITRI have signed a collaboration agreement with TTL Jhunan Brewery covering the planned demonstration tests of the process by which TTL Jhunan Brewery will capture and utilize the CO2 emitted during its beverage manufacturing process.

For the full text, please visit: www.MitsubishiElectric.com/news/

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Mitsubishi Electric Corporation

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Public Relations Division

Mitsubishi Electric Corporation

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