The project house NEDO of the Japanese Ministry of Economy and Trade METI is funding further topics on the use of CO2 as a raw material with a total of about €100 million over 5 years: 1. Synthesis of lower olefins (IHI) and methanol from CO2 (JFE Steel, RITE), 2. Methane from CO2 via large-scale methanation (INPEX), 3. Fixation of CO2 in concrete, cement, carbonates using steel mill slag (JFE Steel, Kobe Steel, Kobelco Eco-Solutions) and in high-value carbon nanomaterials (Mitsubishi Materials).

NEDO news release, October 15, 2021