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Marubeni and MOL Establish a New Company Venture in the Nature-based Carbon Removal Credit Business to “Open the Way to a Sustainable Future Through the Power of People and Forests”

Marubeni Corporation and Mitsui O.S.K. Lines, Ltd. announced that the two companies have entered into a shareholders agreement to jointly establish a new company, called Marubeni MOL Forests Co., Ltd., to create, purchase, sell, and retire nature-based carbon removal credits. The new company, Marubeni MOL Forests, will operate under the philosophy: “Open the way to …