Topics covered on the September 2023 issue:

・This was compiled by “Weekly Japanese Industrial 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

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