Idemitsu and Environment Energy Co., Ltd. agreed to consider conducting a pilot test of a waste plastic recycling project at the Company’s Chiba Complex. In this test, we aim to utilize the waste plastic decomposition technology of Environment Energy and the oil refining and petrochemical equipment of the Chiba Complex in order to recycle mixed plastics, which are difficult to process using conventional technologies.
Idemitsu does everything from crude oil refining to plastic manufacturing. Leveraging this strength, we will continue actively working to contribute to a low-carbon society by recycling waste plastic into petroleum.
We are also aware of the need to tackle the problem of marine plastic waste by rallying every company in the supply chain. We have joined two industry associations and started sharing and exploring information. We are also working to raise awareness of the problem of marine plastics within the Company.
Established by five Japanese chemical-related associations (Japan Chemical Industry Association, The Japan Plastics Industry Federation, Plastic Waste Management Institute, Japan Petrochemical Industry Association, and Vinyl Environmental Council).
Consisting of 361 business corporations and organizations from plastic supply chains (as of August 27, 2020)