Comments to proposed regulations for fluorinated compounds (PFAS), including fluoroelastomers and fluoropolymers, have been submitted to the European Chemicals Agency (ECHA). If the law is enacted as proposed, PFAS use will be banned after a grace period, which will have a significant impact on a wide range of fields that use fluorine rubber and fluorine resin, including automobiles, semiconductors, medical...
Industry
Toyoda Gosei Strengthens Alliance with Ashimori Industries
Toyoda Gosei has signed a basic agreement with Ashimori Industries and its largest shareholder, Japan Wool Textile, respectively, to strengthen their capital and business alliance in the safety systems business. Safety system products such as airbags, seatbelts, and steering wheels are required to evolve in function and performance with the spread of electric vehicles and automated driving technology. In addition,...
Sumitomo Rubber Joins Sumitomo Riko and Sumitomo Electric to Develop Recycling Technology
Sumitomo Rubber will collaborate with Sumitomo Riko and Sumitomo Electric Industries to develop recycling technologies to realize the Circular Economy. In November 2022, Sumitomo Riko announced the conclusion of a joint development agreement with Lanzatech, a U.S. biotechnology company with carbon capture and conversion technology. Sumitomo Rubber and Sumitomo Electric Industries are now participating in this joint development. By collaborating...
Ube to be Included in MSCI Japan Empowering Women Index (WIN)
Ube has been selected as a component of the MSCI Japan Empowering Women Index (WIN), a stock price index developed by MSCI that select companies that are taking the lead in women’s activities based on disclosed information related to gender diversity. As a result, the company is now included in all six ESG indices managed by the Japan Pension Fund...
Cosmo Energy Group Receives ISCC Plus Certification
Cosmo Energy Group, which includes Cosmo Oil, Maruzen Petrochemical, Keiyo Ethylene, and Chiba Butadiene Industry, has acquired ISCC Plus Certification, an international certification developed by ISCC that realizes and ensures a sustainable and traceable supply chain. It guarantees the traceability of sustainable materials throughout the supply chain and demonstrates that rigorous standards are met. Cosmo Energy Group aims to achieve...
Zeon Invests in Knowledge Palette to Develop AI Drug Discovery Technology
Zeon has recently invested in Knowledge Palette, a company which develops AI drug discovery technology using single-cell transcriptome analysis. Knowledge Palette applies the world’s most accurate single-cell transcriptome analysis technology (Quartz-Seq2) to acquire large-scale data on the state of disease-causing cells. By using this information and AI technology to elucidate the causes of disease outbreaks, the company aims to efficiently...