The Machinery Company operates businesses related to infrastructure projects, including IPP, water supply, environmental, energy, and transport, and businesses related to machinery, including marine, aerospace, automobile, construction machinery, industrial machinery, and medical devices. In addition, we are proactively developing opportunities in fields such as water and environment business, renewable energy business, solar industry, and biomass field. We position these businesses as ones for environmental protection, contribution to local communities, and others.
Sustainability Action Plans
ESG related activities
Signed a Waste Management Contract with the City of Belgrade
Together with France-based SUEZ, we signed the public-private partnership ("PPP") contract with the city of Belgrade, Republic of Serbia, for a 25-year waste management and resource recovery project. The project involves building and operating an energy-from-waste facility to treat 340,000 tons of municipal waste annually, equivalent to around 70% of the total municipal waste generated in Belgrade, and generate renewable heat and electricity. The project scope also includes the closure and remediation of the existing landfill, construction and operation of a new leachate-controlled landfill site.
We will contribute to Serbia's environmental conservation by reducing waste volume landfilled and greenhouse gas emissions with the introduction of proper waste treatment facility.
A stable supply of water, essential for life
– The largest seawater desalination project in the Sultanate of Oman –
Water demand in the Sultanate of Oman is expected to rise by around 6% per annum. A shortage of potable water arising from population growth and urbanization has become a serious issue for the country. In March 2016, Barka Desalination Company, whose shareholders include ITOCHU Corporation, concluded a contract to build and operate a new seawater desalination plant with a capacity of 281,000 m3 per day at Barka, located in the northern part of Oman. This project is a joint public-private project involving the government of the Sultanate and provides for the construction and operation for 20 years of a reverse osmosis desalination plant with surrounding facilities. The plant began supplying drinking water in June 2018. It will be the largest seawater desalination project in the Sultanate, with a total project cost of approximately $300M. ITOCHU sees the water business as a promising business area in light of soaring water demand arising from rapid worldwide population growth, economic development, global warming and other factors, and has been expanding seawater desalination, water and sewage utilities, and other water businesses. We are keen to promote projects that contribute to the effective utilization of water resources in regions around the world.
Supplying clean electricity with solar power
– Fourth operational solar power plant in Japan –
Recently, the momentum to make effective use of renewable energy as global warming countermeasures has been expanding worldwide. In April 2018, the Saga-Ouchi Solar Power Plant (generation capacity: approximately 17,000 kilowatts), in which we participate, commenced commercial operations. The power plant, which was constructed in Ouchi-cho, Karatsu-shi, Saga, is so far the largest solar power plant in the prefecture. We plan to operate the plant for 20 years jointly with Kyudenko Corporation. The power expected to be generated per year amounts to nearly 24,000,000 kilowatts per hour, equivalent to the amount of electricity consumed by about 4,200 ordinary households annually. As a result, carbon dioxide will be reduced by as much as approximately 11,000 tons every year. This is our fourth operational solar power plant in Japan, following ones in Ehime, Oita, and Okayama. We will continue to proactively promote the renewable energy power generation business globally, so as to contribute to the establishment of a recycling-oriented society while taking into account environmental conservation issues such as the prevention of global warming.