Topics covered on the March 2024 issue:
・This was compiled by “Weekly Japanese Industrial and Policy News”.
Legislation and Policy News
- Offshore wind power generation expands into EEZ
- Japan, the US, South Korea and Australia will contribute $33 million to IPEF's decarbonization fund
- Bank of Japan cancels negative interest rate
- 747 organizations participate in GX League
- Next-generation fighter jets can now be exported to third countries
- Digital Agency will formulate data distribution guidelines this fall
- A council on nuclear fusion with 50 companies launches
Survey and Business Data
- Global PC demand will increase by 0.4% in 2024, recovering due to replacement demand
Company & Organization News
- Toshiba signs contract with Belgian company for hydrogen production equipment technology
- Murata Manufacturing reduces fossil fuel consumption by up to 53% during exhaust gas treatment
- JOGMEC signs joint copper exploration agreement in Ecuador
- Mitsubishi Corporation develops lithium mine in North America, moves away from China through local refining
- JAPEX creates new businesses such as CCS/CCUS and blue hydrogen in Canada
- Itochu and Softbank invest in U.S. nuclear fusion power generation startup
- Google establishes cyber defense base in Tokyo, first in Asia Pacific
- Idemitsu Kosan invests in Australian company producing SAF
- Sumitomo Mitsui FL and TES enter storage battery recycling business with pole companies
- Private small rocket explodes and launch failure
- Mitsui E&S succeeds in hydrogen combustion operation for the first time in the world in a large marine engine
- Hitachi Zosen tests methanation in Oman
- PET bottle recycling factory by France's Veolia and others begins operation
- Mitsui O.S.K. Lines, Idemitsu Kosan, and HIF jointly develop synthetic fuel/synthetic methanol supply chain
- Eight Gas companies including Tokyo Gas and Osaka Gas establish international organization to promote synthetic methane
- Sakana AI evolves through new methods and “combination” of multiple technologies
- JERA considers purchasing ammonia from Exxon
- NEC and Skyloom collaborate to develop 100Gbps space optical communication technology
- JX Nippon Oil & Gas Exploration Corporation collaborates with Chevron subsidiary on CCS
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