Environment

Env
Mitsubishi Chemical to Acquire European Engineering Plastics Recycling Companies
Mitsubishi Chemical Corporation recently decided that it will acquire two Swiss engineering plastics recyclers, Minger Kunststofftechnik AG and Minger Plastic AG (collectively, the Minger Group), through its group company Mitsubishi Chemical Advanced Materials as a part of the company’s efforts to promote the circular economy. The acquisition is expected to be completed by the end of February this year.
Shift to cleaner power sparks landmark green bond sale in Japan

In the gusty northeast, a power company is looking to fund offshore wind projects with a landmark sale of green bonds that seeks to muscle in on the growing pool of money available for environmentally friendly investments.

Tohoku Electric Power Co. plans to price what would be the debut green note from a utility with its ¥5 billion offering of 10-year securities Thursday.

JAXA and U.N. food agency join hands on global monitoring of forests
The Japan Aerospace Exploration Agency and the U.N. Food and Agriculture Organization have agreed to cooperate on monitoring forests and mangroves — considered a sponge for greenhouse gases — around the world by using data from observation satellites amid deepening concerns over climate change.