The University of Tokyo, Osaka University, RIKEN, Ube Industries, Ltd., Shimizu Corporation, Chiyoda Corporation, and Furukawa Electric Co., Ltd. have jointly applied to the New Energy and Industrial Technology Development Organization (NEDO) for their project entitled "Moonshot Research and Development Program / Realization of sustainable resource circulation to recover the global environment by 2050".

On August 1, 2020, Ube Machinery Corporation, Ltd., the core company of the UBE Group’s machinery business, absorbed two of its subsidiaries via merger as part of a realignment of its injection molding machine business. The two subsidiaries absorbed into Ube Machinery are U-MHI Platech Co., Ltd. and U&M Plastic Solutions Co., Ltd.