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Mitsubishi Corporation picks stake in India's KIS Group to foray into global biogas business — all about the deal
MINT· 2025-11-05 09:33
Core Insights - Mitsubishi Corporation has acquired a minority equity stake in KIS Group's Indonesian operations, marking its first entry into the global biogas market [1][7] - KIS Group plans to invest $1 billion in renewable gas and biofuels solutions by 2030, focusing on Southeast Asia and India [3][7] - The partnership aims to leverage Mitsubishi's extensive global network to enhance KIS Group's international expansion and accelerate the development of advanced biogas solutions [3][4][7] Company Overview - KIS Group, founded in 2006, provides end-to-end solutions across various sectors including palm oil, sugar, dairy, paper, distilleries, and agro-processing, with a presence in 11 countries [2] - The company aims to expand its portfolio to North and South American and European markets over the next five years, contributing to the global shift towards low-carbon energy sources [4][6] Strategic Implications - The collaboration with Mitsubishi Corporation is expected to propel KIS Group's growth and enhance its technology and market understanding [5][6] - The partnership will focus on co-developing and commercializing advanced biogas, BioCNG, and BioLNG solutions for global markets [3][6]