Toyoda Gosei has invested in Helical Fusion, a startup focused on commercializing nuclear fusion power generation, seen as a promising future energy source. Nuclear fusion power generates high-output energy from CO2-free nuclear reactions, using abundant fuel sources like deuterium found in seawater. Considered easier to control than nuclear fission used in traditional nuclear power, it is driving a global race...
Sumitomo Rubber Industries and NEC Corporation signed a memorandum of understanding to form a strategic partnership aimed at building a globally competitive research and development framework and exploring new business opportunities. The collaboration seeks to transform traditional R&D approaches in manufacturing, address societal challenges, and create new core businesses. The two companies have previously collaborated, notably in 2022, when they...
Osaka-based trading company Hanwa has announced that its Thai subsidiary, Hanwa Thailand, has signed a basic agreement with Thai waste tire collection and tire chip manufacturing companies Pralan Energy and R&T (2018). The agreement covers the supply of tire chips, which will be promoted as an alternative to coal fuel both domestically and internationally. Around the world, large quantities of...
Bridgestone has announced that it has signed an agreement to transfer to SBS Holdings 66.6% of the shares in its wholly owned subsidiary Bridgestone Logistics. Through this partial transfer, Bridgestone aims to strengthen management resources and support the continued growth of Bridgestone Logistics. Bridgestone Logistics has been advancing initiatives to enhance the efficiency and sustainability of tire logistics. These efforts...
Bridgestone has signed an agreement to transfer ownership of its group company Bridgestone Carbon Black (Thailand) to Tokai Carbon and its Thai subsidiary, Thai Tokai Carbon Product. Bridgestone is restructuring its in-house carbon black operations by focusing on areas where collaboration with partners who possess specialized expertise, global networks, and resources can add value. Tokai Carbon, a global partner whose...
ENEOS and Mitsubishi Chemical have completed the construction of a chemical recycling facility at Mitsubishi Chemical’s Ibaraki Plant in Kamisu City, Ibaraki Prefecture. The facility, which had been under development since July 2021, is designed to support the launch of a plastic-to-oil conversion business. The new facility uses supercritical water hydrolysis technology developed by UK-based Mura Technology to chemically break...
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