Ministry of Economy, Trade and Industry

Cross-border eCommerce Enabler Buyandship Secures Initial US$10M in Series B Funding with Strategic Investment from Cool Japan Fund

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Monday, September 11, 2023

RPA, Ministry of Economy, Trade and Industry, Culture, Robotic process automation, Business process automation, Statistics, Research, E-commerce, SEA, Ministry, US, Machine learning, Commerce, Artificial intelligence, Growth, Robotics, UGC, GMV, Automation

HONG KONG, Sept. 11, 2023 /PRNewswire/ -- Buyandship, a leading global cross-border eCommerce platform headquartered in Hong Kong, announced today first closing of its Series B raise with a US$10 million strategic investment led by Cool Japan Fund.

Key Points:

HONG KONG, Sept. 11, 2023 /PRNewswire/ -- Buyandship, a leading global cross-border eCommerce platform headquartered in Hong Kong, announced today first closing of its Series B raise with a US$10 million strategic investment led by Cool Japan Fund.
Through its strong community, data analytics, and logistics network, Buyandship has been a market leader in cross-border ecommerce, having processed US$383 million in GMV in the last fiscal year.
Buyandship has continuously strived to enhance its technological capabilities to drive real value for consumers.
The global B2C e-commerce market was valued at an estimated $4.92 trillion, representing 19.6% of all commerce being conducted electronically in 2021.

MHI Receives Order for Front-End Engineering and Design of Hydrogen Fluoride Production Plant in Kitakyushu City, Fukuoka Prefecture

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Monday, September 4, 2023

Hydrogen, Communication, Fluorine compounds, Ministry of Economy, Trade and Industry, Round 3, Medicine, Sojitz, FEED, Ministry, MHI, Knowledge, Growth, Lithium, Rare-earth element, Orbia, Fluorine

MHI will be in charge of front-end engineering and design of the plant, including utility facilities

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MHI will be in charge of front-end engineering and design of the plant, including utility facilities
- Fluorine compounds are an essential component in semiconductor production and lithium ion batteries, and demand is expected to grow both domestically and overseas
TOKYO, Sept 4, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for the front-end engineering and design (FEED) of a hydrogen fluoride production plant, including utility facilities in Hibikinada Oceanfront Industrial Park in Kitakyushu City, Fukuoka Prefecture.
The order is from Mexichem Fluor Japan Ltd., the Japanese entity of Mexichem Fluor, S.A.de C.V. (Koura), a global corporation involved in raw fluorinated materials and the production of fluorine compounds.
This is a joint project between Mexichem Fluor Japan and Sojitz Corporation, a general trading company.
Fluorine compounds made from hydrogen fluoride are an essential component in semiconductor production and lithium ion batteries.

Mitsubishi Corporation: Participation of Sempra Infrastructure to the Detailed Study regarding the Introduction of e-methane to Japan Utilizing Cameron LNG Terminal

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Wednesday, August 30, 2023

Senior, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Toho Gas, Policy, Cameron, Recycling, Carbon, Mitsubishi Corporation, Ministry, Osaka Gas, Corporation, Ministry of Economy, Trade and Industry, U.S. Department of Energy, Office of Inspector General, CO2, Natural gas, Tokyo Gas, Sempra

The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.

Key Points:

The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.
With the addition of Sempra Infrastructure, the companies seek to advance the energy transition through the global market of liquified e-methane.
"Sempra Infrastructure is excited to bring its essential infrastructure development experience to this collaboration with Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Corporation.
The proposed project is anticipated to produce 130,000 tonnes of e-methane per year that would be liquified to become liquified e-methane at the Cameron LNG terminal in Southwest Louisiana and exported to Japan.

Odaily’s Interview with Seihaku Yoshida Unveils the Potential of Japan’s Web 3 Market.

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Monday, August 28, 2023

In the interview, Seihaku Yoshida discussed HashPort's development history and the status quo of the Japanese blockchain gaming market.

Key Points:

In the interview, Seihaku Yoshida discussed HashPort's development history and the status quo of the Japanese blockchain gaming market.
Seihaku Yoshida: I founded HashPort in 2018 and have been working in the blockchain field ever since.
Seihaku Yoshida: Let's first discuss the development challenges faced by the blockchain gaming industry.
Seihaku Yoshida: Speaking of "THE LAND," we are challenged to create a "Play-to-Earn" Metaverse game that complies with Japanese regulations.

JOGMEC selected a feasibility study on the establishment of an overseas CCS value chain in the "Survey on the Implementation of Advanced CCS Projects"

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Thursday, August 3, 2023

Call, Ministry of Economy, Trade and Industry, Carbon, JOGMEC, Mitsubishi Corporation, Implementation, Ministry, Nippon Steel, Ise, Education minister, CCS, Greenhouse, CO2, Metal, Coal

TOKYO, Aug 3, 2023 - (JCN Newswire) - Mitsubishi Corporation, Nippon Steel Corporation and ExxonMobil Asia Pacific Pte.

Key Points:

TOKYO, Aug 3, 2023 - (JCN Newswire) - Mitsubishi Corporation, Nippon Steel Corporation and ExxonMobil Asia Pacific Pte.
Ltd. have been commissioned to conduct a feasibility study on the establishment of an overseas CCS value chain targeting CO2 emissions from multiple industries in the Ise Bay/Chubu region (hereinafter referred to as the "Study") by the Japan Organization for Metals and Energy Security (JOGMEC) in an open call for the FY 2023 Study on the Implementation of Advanced CCS Projects (hereinafter referred to as the "Call").
CCS is attracting attention as a technology for storing CO2 removed over a long period of time.
Following the conclusion of the Joint Study Agreement, the three companies will examine specific CO2 separation and recovery destinations, overseas storage destinations and related technologies as a supplement to domestic CO2 storage, and the establishment of value chains necessary for commercialization, utilizing their respective expertise.

Seven Companies Announce to Conduct a Joint Study on Japanese Advanced CCS (Carbon Capture and Storage) Project

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Wednesday, August 2, 2023

Nippon Steel announced Carbon Neutral Vision 2050 in its medium- to long-term management plan in March 2021.

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Nippon Steel announced Carbon Neutral Vision 2050 in its medium- to long-term management plan in March 2021.
The vision says that the company aims to reduce CO2 emissions 30% by 2030 from the 2013 level and achieve carbon neutrality in 2050.
Taiheiyo Cement announced Carbon Neutral Strategy 2050 in its medium-term management plan in May 2021.
The seven companies will cooperate with each other in the Study and actively work toward the early social implementation of CCS and the realization of a sustainable society in Japan.

MHI to Issue The Second Series of Transition Bonds

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Friday, July 28, 2023

Carbon, Ministry of Economy, Trade and Industry, Intelligence, Ministry, MHI, SMART Infrastructure Facility, ESG, METI, Renewable energy

MHI was selected as a model example for the "2021 Climate Transition Finance Model Projects" being supported by the Ministry of Economy, Trade and Industry (METI) in March 2022, and issued its first transition bonds in September 2022.

Key Points:

MHI was selected as a model example for the "2021 Climate Transition Finance Model Projects" being supported by the Ministry of Economy, Trade and Industry (METI) in March 2022, and issued its first transition bonds in September 2022.
This will be our second issuance of transition bonds
The Mitsubishi Heavy Industries Group has defined two growth areas: "Energy Transition", which aims to decarbonize the energy supply side, and "Smart Infrastructure", which targets to realize the decarbonization, and promote the energy efficiency, manpower saving in the energy demand side.
As part of the financing necessary for focusing on businesses in these areas, and promote decarbonization, electrification and intelligence in its existing businesses, MHI is utilizing ESG finance such as transition bonds and green bonds.
By issuing the bonds, MHI will diversify its financing methods, promote its energy transition initiatives, and contribute to realizing a Carbon Neutral society.

MHI Selected as Core Company for Development of an HTGR Demonstration Reactor

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Wednesday, July 26, 2023

JAEA, Hydrogen, HTGR, Ministry of Economy, Trade and Industry, Research, Steel, Carbon, Japan Atomic Energy Agency, HTTR, Agency for Natural Resources and Energy, Ministry, MHI, Iron, Agency, Natural Resources, METI, Transport, Uranium mining

TOKYO, July 26, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected by Japan's Agency for Natural Resources and Energy (ANRE), part of the Ministry of Economy, Trade and Industry (METI), as the core company to lead the development of a high temperature gas-cooled reactor (HTGR) program.

Key Points:

TOKYO, July 26, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected by Japan's Agency for Natural Resources and Energy (ANRE), part of the Ministry of Economy, Trade and Industry (METI), as the core company to lead the development of a high temperature gas-cooled reactor (HTGR) program.
As the core company for this project, MHI will coordinate R&D, design, and construction of the HTGR demonstration reactor that ANRE plans to put into operation in the 2030s.
The selection of MHI as a core company reflects the recognition of its wealth of experience with the development of the HTGR, its proactive efforts in research and development, and its vast technical capabilities.
MHI will utilize and apply its accumulated technological expertise in the development of the HTGR demonstration reactor.

Ministerial Approval Granted to Form Research Body "HySE" for Development of Hydrogen Small Mobility Engines to Help Build Decarbonized Society

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Thursday, May 18, 2023

Hydrogen, Chūō-ku, Hysing, India Kawasaki Motors, Suzuki, Ministry of Economy, Trade and Industry, Kawasaki Heavy Industries, Research, Yamaha Motor Company, Toyota, Ministry, International Technical Development Center, Honda, Knowledge, Technical, Renewable energy, Diesel fuel

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To realize a decarbonized society, a multi-pathway strategy to address various issues in the mobility sector is necessary, rather than focusing on a single energy source.
Against this backdrop, research and development targeted at commercialization of mobility with engines powered by hydrogen - deemed a next-generation energy source - is gaining momentum.
The members of HySE will continue to deepen their collaborative relations in order to provide a variety of small mobility options to users and meet their diverse needs, thereby contributing to the realization of a decarbonized society.
There are many challenges in the development of hydrogen-powered engines, but we hope to see the association's activities advance the fundamental research in order to meet those challenges.

HashPort Group Collaborates with Expo 2025 to Innovate Japan through Blockchain

Retrieved on:

Wednesday, August 2, 2023

Tokyo, Japan, Aug. 02, 2023 (GLOBE NEWSWIRE) -- In the past few years, Japan has been strategically facilitating the Web3 revolution.

Key Points:

Tokyo, Japan, Aug. 02, 2023 (GLOBE NEWSWIRE) -- In the past few years, Japan has been strategically facilitating the Web3 revolution.
HashPort Group, as a leader in the core players of the Japanese Web3 market, is constantly expanding its territory and gradually realizing its concept of "innovating Japan with blockchain”.
As the only blockchain company selected as one of the "100 startups with a track record of cooperation with the Ministry of Economy,Trade and Industry in the Japan market, we will leverage the technical capabilities of the HashPort Group to promote the Web3 revolution in Japan through Expo 2025."
Cutting-edge exploration: Launch of THE LAND ELF Crossing, a Metaverse Farming Blockchain Game
As one of the most critical areas for blockchain to become mainstream, blockchain games have long been on the radar of HashPort Group.