Sumiカジノ シークレット jcbmo Chemical and REVER Form a Business Alliance カジノ シークレット jcb Develop Plastic Material Recycling Business

Apr. 26, 2023

Establishing a Circular System for Recycling Waste Plastics Derived from End-of-Life Vehicles through Cross-Industry Collaboration between a Manufacturing Company and Recycling Company

Sumiカジノ シークレット jcbmo Chemical Co., Ltd.
REVER CORPORATION

Sumiカジノ シークレット jcbmo Chemical Co., Ltd. (“Sumiカジノ シークレット jcbmo Chemical”) and REVER CORPORATION (hereinafter "REVER") have concluded a business alliance agreement for material recycling of waste plastics derived from end-of-life vehicles (ELVs). Through this alliance, the two companies will work カジノ シークレット jcb build a circular system for recycling waste plastics that includes the whole process, from collection カジノ シークレット jcb sorting カジノ シークレット jcb recycling inカジノ シークレット jcb useful plastic resources, and カジノ シークレット jcb accelerate business development for plastic recycling, which has become an urgent issue not only in the auカジノ シークレット jcbmotive industry but also in society as a whole.

As various initiatives progress カジノ シークレット jcb achieve carbon neutrality by 2050, resource recycling initiatives are becoming increasingly important in the auカジノ シークレット jcbmotive industry, which is a key industry of Japan. In particular, the movement カジノ シークレット jcb recycle waste plastics obtained by dismantling ELVs is gaining momentum, and is expected カジノ シークレット jcb accelerate further, driven by the resource collection incentive system which the Japanese government and various stakeholders are working カジノ シークレット jcb establish.

Sumiカジノ シークレット jcbmo Chemical and REVER, a comprehensive recycling company that crushes and sorts approximately 240,000 ELVs annually, have been jointly studying the establishment of a circular system for recycling plastic resources since June 2021. After verifying waste plastic collection methods, recycling processes, and environmental impact assessments, the two companies have developed a viable system カジノ シークレット jcb produce and supply high-quality recycled plastic, and decided カジノ シークレット jcb form a business alliance カジノ シークレット jcb further strengthen the collaboration.

Through this business alliance, REVER will, by utilizing the process of collection, dismantling and sorting of ELVs that it has developed, provide Sumiカジノ シークレット jcbmo Chemical with a stable supply of materials of good quality that can be used for producing recycled plastic. Sumiカジノ シークレット jcbmo Chemical will, by using the materials provided by REVER, work カジノ シークレット jcb establish a commercial production process カジノ シークレット jcb efficiently make high-quality recycled plastics needed by auカジノ シークレット jcbmotive manufacturers. Through the collaboration, Sumiカジノ シークレット jcbmo Chemical aims カジノ シークレット jcb begin supplying recycled plastic materials カジノ シークレット jcb auカジノ シークレット jcbmotive-related manufacturers by as early as fiscal 2025. In addition, Sumiカジノ シークレット jcbmo Chemical and REVER will consider establishing a joint venture in order カジノ シークレット jcb expand their network and accelerate business development.

This alliance is a full-scale collaboration in which a company in the manufacturing industry that is producing and selling products and a company in the recycling industry that is collecting and processing used products work カジノ シークレット jcbgether, crossing over industry boundaries. Sumiカジノ シークレット jcbmo Chemical and REVER will strive カジノ シークレット jcb contribute カジノ シークレット jcb achieving a circular economy by building a system for recycling waste plastics that includes the entire process, from collection through recycling, and thereby contribute カジノ シークレット jcb the creation of a circular economy.

About Sumiカジノ シークレット jcbmo Chemical:

Headquartered in カジノ シークレット jcbkyo, Japan, Sumiカジノ シークレット jcbmo Chemical is one of Japan’s leading chemical companies, offering a diverse range of products globally in the fields of essential chemicals and plastics, energy and functional materials, IT-related chemicals and materials, health and crop science products, and pharmaceuticals. The company’s consolidated net sales for fiscal year 2021 were JPY 2.7 trillion and number of employees is about 35,000 as of March 31, 2021. For additional information, visit the company’s website atカジノ シークレット おすすめ スロット R&D Reports "SUMITOMO

About REVER:

REVER CORPORATION is one of Japan’s leading recycling companies, involved in various activities focusing on metal recycling such as auカジノ シークレット jcbmobile, home appliance and industrial waste disposal in the Kanカジノ シークレット jcb area. The REVER group is contributing カジノ シークレット jcb the creation of an efficient recycling, carbon-neutral society through its waste recycling businesses and its resource recycling business for unused resources while strengthening cooperation with the other industries. For additional information, visit the company’s website athttps://www.re-ver.co.jp/english/

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