Japanese Industry and Policy News October-November 2021 now available online

The EU-Japan Centre in Tokyo is regularly publishing “Industry and Policy News” from various Japanese language sources of potential interest, including newly released policy documents, surveys, and official statements, in the context of EU-Japan industrial cooperation and is pleased to announce the October-November 2021 issue: https://www.eu-japan.eu/sites/default/files/imce/October%20-%20November%20%202021.pdf

Topics covered in this issue:

Legislation and Policy News
· Ministry of Economy, Trade and Industry adopted Takasago Thermal Engineering “World’s First Hydrogen and Oxygen Generation Project on the Moon”
· Supply and demand of power for winter 2021, the toughest in 10 years
· Government decides 6th energy basic plan / NDC

Survey and Business Data
· Domestic vehicle sales decreased by 31% in October 279,341 units, the lowest ever
· Trade deficit JPY 985 billion, first half of FY 2021, import surge due to soaring crude oil

Company & Organization News
· Sumitomo Corporation acquires additional forest assets in New Zealand, with an area of 52,000 ha
· Five companies including Toyota expand fuel options by utilizing internal combustion engines
· Osaka Gas participates in the supply and demand adjustment market in Europe, Invests in Dutch company that adjusts supply and demand by EV control
· MOL, Japan Engine and Dry Bulk agree on demonstration operation of marine hydrogen fuel engine
· Mitsui collaborates with France’s Forsee, a storage battery business, to expand sales in Japan and Asia
· Mitsui O.S.K. Lines (MOL), Mitsubishi Shipbuilding and Namura Shipbuilding started development of large ammonia transport ship sailing with ammonia
· Toda Corporation operates approximately 28 MW onshore wind farm in Brazil 
· Mitsubishi Heavy Industries Engineering completes demonstration experiment on CO2 capture liquid, recovery rate is 99.8%
· FUJIFILM contributes to “Decarbonization of Data Centers” by utilizing magnetic tape

Other Topics
· China’s September new energy vehicle sales, share of NEV in total exceeded 20%

This entry was posted in News. Bookmark the permalink.