Toyo Seikan : and Idemitsu to Launch a Demonstration Test for the Recycling of Plastic Scrap Material
December 19, 2023
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Toyo Seikan Group Holdings, Ltd. and Idemitsu Kosan Co., Ltd. (hereinafter "Idemitsu Kosan") today announced the joint start of a demonstration test on the recycling of "plastic scrap material", (Recycling of used plastics into oil).
In the demonstration test, Chemical Recycle Japan Co., Ltd., a subsidiary of Idemitsu Kosan, will use the plastic scrap material occurs in the manufacturing process of plastic products at the plants of Toyo Seikan Group as raw material, produce generated oil by its technology of recycling used plastics into oil. Through a series of these initiatives, Idemitsu Kosan will confirm the availability of using generated oil as a raw material for petrochemical products and fuel oils, and verify the feasibility of recycling plastic scrap material. In the future, Idemitsu aims to produce "Renewable Chemicals" and "Renewable Fuel Oil" with its oil refining and petrochemical equipment, using generated oil derived from plastic scrap material as a raw material.
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Aiming to realize through these initiatives
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For inquiries about this press release, please contact
Toyo Seikan Group Holdings, Ltd.
Corporate Communication Group
Sustainability Department
(Email) tskg_contact@tskg-hd.com
Idemitsu Kosan Co., Ltd.
Public Relations Division Public Relations Section
https://www.idemitsu.com/jp/contact/newsrelease_flow/index.html
Toyo Seikan Group Holdings Ltd. published this content on 20 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 December 2023 05:29:38 UTC.
Toyo Seikan Group Holdings, Ltd. is a Japan-based packaging container manufacturer. The Company operates in four business segments. The Packing Container Related segment is engaged in the manufacture and sale of cans for canning and other metal products, plastic, glass and paper products, as well as the contract manufacture and sale of aerosol products and general goods filing. The Steel Plate Related segment is engaged in the manufacture and sale of steel and processed steel plates. The Functional Material segment offers disk substrates, optical function films, glazes and gel coat. The Real Estate segment is engaged in the leasing of buildings and commercial facilities. The Others segment is engaged in the manufacture and sale of hard alloy, machineries and tools, agricultural materials, the sale of petroleum products, as well as the insurance agency business.
TOYO SEIKAN GROUP HOLDINGS, LTD. 
