Chemical companies are reportedly rebuilding GX around economic security and promoting feedstock diversification through resource circulation. Attention is expected to focus on reviews of circularity strategies and future support measures.
Chemical companies have positioned GX as a pillar of economic security and announced plans to promote feedstock diversification through resource circulation. The move is also regarded as important from the perspectives of environmental regulation and stable supply.
The plastic circularity strategy is expected to be reviewed during FY2027, with bioplastics set to be the focus. Companies are preparing to accelerate research and development of circular materials.
The Ministry of Economy, Trade and Industry announced plans to provide a total of approximately ¥14 billion in support to 2 companies to commercialise perovskite technology. The aim is reportedly to accelerate research and development and promote industrialisation.
Other initiatives cited include creating opportunities in inks and packaging materials, a circular methanol demonstration project, a demonstration project for SAF feedstock production in Indonesia, development of PP fibre dyeing, a demonstration project for solar-cell sheet manufacturing, confirmation of GHG reductions through PMMA chemical recycling, and measures to address surplus carbon dioxide emission allowances carried forward.