The EU-Japan Centre’s office in Tokyo is regularly publishing "Industry and Policy News”. By screening various Japanese language sources of potential interest, including newly released policy documents, surveys, and official statements, this newsletter aims to provide information in the context of EU-Japan industrial cooperation. The topics of the September 2023 issue are as follows.

The Centre is also publishing on a weekly basis. The weekly releases are available on the following website with a new issue every Friday https://www.eu-japan.eu/news.                                                                                                    

This news was compiled by “Weekly Japanese Industry and Policy News”.

Legislation and Policy News

‒    METI holds the 5th International Conference on Carbon Recycling (2023)
‒    METI doubles development support for hydrogen reduction steelmaking to over JP¥ 400 billion
‒    Development of EV battery supply network in Japan and Canada, leading to tax incentives in the US
‒    Japan Weeks is held, an event where the government and financial world invites foreign money
‒    Prime Minister Kishida gives speech in New York and creates "Special Asset Management Zone" to expand investment
‒    METI holds hydrogen ministerial meeting

Company & Organization News

‒    Mitsui & Co., IHI and others to build a hydrogen and ammonia supply network in the Osaka coastal industrial zone
‒    AGC and Mitsubishi Gas Chemical manufacture and sell methanol from CO2 generated during glass manufacturing process
‒    JERA agrees with Germany's Uniper to sell low-carbon hydrogen and ammonia produced in the United States
‒    Kansai Electric Power considers underground CO2 storage with Australian company
‒    Shin-Etsu Chemical and others develop a new manufacturing method for power semiconductor materials, reducing costs by more than 90%
‒    Itochu participates in large storage battery business
‒    Suzuki refines auto fuel from biogas derived from cow dung in India
‒    Hitachi Systems visualizes forest CO2 absorption using satellite data
‒    Sanyo Special Steel completes "carbon-free hydrogen plant" at European subsidiary
‒    Suzuki begins joint research with Shizuoka University on microplastic identification technology
‒    Honda, BMW Group and Ford Motor established new company ChargeScape in North America
‒    MHI provides CO2 capture technology to offshore oil and gas production, storage and offloading facilities
‒    Honda recycles nylon resin with Toray
‒    IHI considers investment in green ammonia production and sales business in Australia
‒    MHI begins operation of "Takasago Hydrogen Park" that can demonstrate integrated operations from hydrogen production to power generation use
‒    ITOCHU and Peninsula Petroleum jointly develop ammonia bunkering in Spain
‒    Tokyo Stock Exchange opens "Carbon Credit Market", trading starts from October 11
‒    Toshiba establishes decarbonization and circular economy technology base in Germany
‒    Nissan plans to make all new European cars EV by 2030

Other topics

‒    220,000 people climb Mt. Fuji this year, up to pre-coronavirus levels, 38% increase from last year