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Monthly Japanese Industry and Policy News March 2023

Topics covered on the March 2023 issue:

・This was compiled by Weekly Japanese Industrial and Policy News.

Legislation and Policy News
-    Extension of mid-drying period by cultivation of paddy rice is newly approved in J-Credit
-    Zero Carbon City International Forum 2023 was held
-    METI held Asian Zero Emission Community (AZEC) Ministerial Meeting and AZEC Public-Private Investment Forum
-    Cabinet decided on Japanese government's participation in WTO MPIA (Multilateral Provisional Appellate Arbitration Arrangement)
-    A bill to partially revise the Unfair Competition Prevention Act was approved by the Cabinet
-    METI announced interim report on Hydrogen Security Strategy
-    METI starts acceptance of subsidies for purchasing clean energy vehicles for FY 2022 supplementary budget
-    Government procurement by the Ministry of the Environment, giving preferential treatment to eco-certified companies 
-    METI formulates research and development plan for "Decarbonization of Thermal Processes in the Manufacturing Field"
-    Japan-U.S. important minerals supply chain strengthening agreement entered into force

Survey and Business Data
-    Decarbonization of Japanese electricity achieved 90% by 2035, Japan-U.S. research institute estimates
-    Japan ranks second worst for 7 consecutive years in 29 countries for ease of working for women

Company & Organization News
-    German Evonik to build new fumed alumina production plant for EV batteries in Mie pref.
-    Japan's main rocket "H3" No. 1 launch failure
-    Sojitz and JOGMEC sign Japan's first supply agreement with an Australian company for heavy rare earths
-    MOL to build clean hydrogen and ammonia supply network in Thailand
-    Osaka Gas to manufacture and export synthetic methane derived from non-fossil energy in Australia
-    Nippon Express releases a CO2 emissions calculation tool for international transportation
-    Sumitomo Corporation starts collaboration with Israeli company on commercial production of green hydrogen
-    UK emerging quantum computer to be offered to Japanese companies at a low price from the second half of the year
-    Mitsubishi Chemical Group considers world's first PC resin chemical recycling business
-    Toray triples production capacity for hydrogen production equipment components
-    GE introduces offshore wind turbine with the world's largest output to the Japanese market
-    Marubeni starts demonstration of injection and delivery of green hydrogen in gas distribution pipes in Portugal
-    CHITOSE GROUP starts operation of world's largest 5ha algae production facility
-    JERA acquires European offshore wind power company Parkwind
-    Itochu and Resonac produce ammonia from waste clothing
-    JOGMEC strengthens relationship with Saudi Aramco to build ammonia value chain
-    230 Japanese companies submit a statement to the G7 meeting, demanding decarbonization

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