Cabot Corporation has acquired a solar power generation facility from Shoko Tsusho. The plant will generate up to 3,500 megawatt hours (MWh) annually, which is equivalent to powering more than 700 average Japanese homes for a year. Located adjacent to Cabot’s carbon black manufacturing facility in Chiba Prefecture, the acquisition increases Cabot’s ability to sell and supply renewable energy from...
Industry
Goodyear Becomes Sole Tire Supplier for WEC and ELMS LMGT3
As a result of the bidding by the FIA (Fédération Internationale de l’Automobile) and ACO (Automobile Club de l’Ouest de France) among the members of the FIA World Motor Sport Council in December 2022, Goodyear has been selected to be the sole supplier of tires for the WEC (FIA World Endurance Championship) and ELMS (European Le Mans Series) LMGT3 categories...
Tokai Carbon and Sekisui Chemical Join Forces to Convert CO2 to Carbon Monoxide
Tokai Carbon and Sekisui Chemical have entered into a partnership with the aim of commercializing a technology for manufacturing various carbon materials and products (CCU) using carbon monoxide (CO) produced by a chemical looping reaction technology for highly efficient conversion of carbon dioxide (CO2) to CO and a technology for collecting and storing CO2 as solid carbon (CCS). As climate...
Nitta Joins the 30 by 30 Alliance for Biodiversity
Nitta has registered to join the 30 by 30 Alliance for Biodiversity, which is working to conserve biodiversity. The alliance was established as a voluntary alliance of the Ministry of the Environment, government, business and NPOs to achieve the 30 by 30 target. 30 by 30 is the G7 2030 Nature Pact agreed at the G7 summit held in the...
Biomass PP from Mitsui Chemicals Subsidiary Adopted for Kuma Kengo-designed Tableware
Biomass polypropylene by Mitsui Chemicals’ subsidiary Prime Polymer has been adopted for tableware designed by Kengo Kuma. Mitsui Chemicals has been expanding the use of derivatives (biomass chemicals and biomass plastics) made from biomass naphtha under the Beplayer brand. This time, in a joint project with hide kasuga 1896 that the company is also participating in, the environmentally conscious brand...
Asahi Kasei Establishes $100M “Care for Earth” Investment Facility
Asahi Kasei has established the “Care for Earth” investment facility as a new initiative to achieve carbon neutrality. The company will invest $100 million globally over a five-year period through fiscal 2027 in early-stage startup companies that are working to solve problems in environmental fields such as hydrogen, energy storage, carbon management, and bio-chemicals. Since 2008, the company has been...