October 25, 2019

Marubeni Corporation

Marubeni Tetsugen Co., Ltd

Marubeni Metals Corporation

Tottori Resource Recycling, Inc.

Strategic Partnership for Solar Panel Recycling

Marubeni Corporation, Marubeni Tetsugen Co., Ltd, Marubeni Metals Corporation (hereinafter, "Marubeni Group"), and Tottori Resource Recycling, Inc. (hereinafter, "Tottori Resource Recycling") have entered into a Strategic Partnership Agreement today, to jointly undertake a solar panel recycling business by utilizing the patented glass forming technology of Tottori Resource Recycling.

Aiming for the maximum 1.5 °C temperature increase target set by the Paris Agreement, governments have announced a goal of reducing greenhouse gas emissions to zero (net zero) by 2050. The shift to renewable energy will continue to progress and solar power generation is also expected to increase significantly.

On the other hand, solar panel waste is estimated to grow 10 times in 10 years and 200 times in 20 years. Solar panels are dismantled and recycled for each part. However, tempered glass, which accounts for more than 70% of the panel weight, is difficult to recycle, and is currently disposed of in landfills. It has been pointed out that disposal of tempered glass will become a major social problem in terms of the environment. (*1)

Marubeni Group and Tottori Resource Recycling will collect solar panel and use tempered glass as raw materials, and manufacture formed porous glass material utilizing the patented technology of Tottori Resource Recycling. This glass foaming technology makes it possible to detoxify and immobilize harmful substances such as heavy metals contained in glass. The manufactured formed porous glass material enhances the soil by increasing the water retention capacity in the soil, and in the water, it improves the water quality by becoming a habitation for microbes that purify water.

Marubeni Group and Tottori Resource Recycling will transform the tempered glass, which is said to be difficult to recycle, into a valuable product that is friendly to the global environment. By reducing waste and improving the environment, we aim to provide diversified solutions to environmental issues in order to realize a sustainable society.

(*1) Related press release from Ministry of Environment (Japanese) https://www.env.go.jp/press/files/jp/110514.pdf

Solar Panel Recycling Flowchart

Solar Panel

Panel Dismantling

Glass

Glass Separation

Processing

Glass

Formed Porous Glass

Forming

Material

< Company Profile>

Company Name

Marubeni Corporation

Office

Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome,Chuo-ku, Tokyo, 103-6060, Japan

Incorporated

December 1, 1949

Paid-in Capital

JPY 262,686 millionAs of Mar, 2019

Main Business

Marubeni Corporation and its consolidated subsidiaries use their broad business

networks, both within Japan and overseas, to conduct importing and exporting (including

third country trading), as well as domestic business, encompassing a diverse range of

business activities across wide-ranging fields including lifestyle, ICT & real estate

business, forest products, food, agri business, chemicals, power business, energy, metals

& mineral resources, plant, aerospace & ship, finance & leasing business, construction,

auto & industrial machinery, and next generation business development. Additionally, the

Marubeni Group offers a variety of services, makes internal and external investments, and

is involved in resource development throughout all of the above industries.

Website

https://www.marubeni.com/en/

Company Name

Marubeni Tetsugen Co., Ltd

Office

1-21 Agebacho, Shinjuku-ku, Tokyo 162-0824 Japan

Incorporated

July 1981

Paid-in Capital

JPY 490 million

Main Business

Domestic sales, import and export of raw materials for the production of iron & steel,

minerals, powder metallurgy materials, special metals, etc.

Website

https://www.marubeni-tetsugen.co.jp/en/

Company Name

Marubeni Metals Corporation

Office

1-7Kudan-Kita4-chome,Chiyoda-ku, Tokyo 102-8250 Japan

Incorporated

January 11, 1983

Paid-in Capital

JPY 1,300 million

Main Business

Domestic sales, import and export of non-ferrous and aluminum products

Website

https://www.marumet.co.jp/english/

Company Name

Tottori Resources Recycling, Inc.

Office

583 Higashi-sono,Hokuei-cho,Tohaku-gun, Tottori, 689-2202, Japan

Incorporated

December, 2001

Paid-in Capital

JPY 40million

Main Business

Producing foam glass by clean recycling processpatented technology

Inventing and selling solutions based on foam glass

Website

https://www.t-rrl.jp/en/

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Marubeni Corporation published this content on 25 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2019 02:15:03 UTC