K.K. Planic (Headquarters: Omaezaki-shi, Shizuoka, President: Tadatoshi Koike, hereinafter referred to as Planic) announces that the Omaezaki Plant started full-operation on October 11, 2022.

Planic is one of the largest manufacturers of recycled plastics in Japan*. Planic processes crushed mixed plastics from cars and home appliances, and plastic products used at home. The plastics processed at the plant become recycled raw materials that can be used again for automobile parts and home appliances.

It has been technologically challenging to recycle mixed plastics used in automobile parts and they have undergone heat recovery instead of material recycling. However, the latest technology that Planic has introduced first in Japan enables 'car-to-car recycling' to produce high-quality recycled plastics used as raw materials for automobile parts. The Omaezaki Plant collects approximately 40,000 tons annually and aims to produce approximately 32,000 tons of recycled raw materials. Planic will contribute to the circular economy by recycling instead of heat recovery.

Roles of shareholders

Planic was established in December 2018 as a joint venture of Veolia Japan K.K., Toyota Tsusho Corporation and Kojima Sangyo Co., Ltd.

As a global company providing comprehensive environmental services, Veolia Japan provides engineering management, plant operation support, and raw material procurement from local governments. As one of Japan's leading general trading companies, Toyota Tsusho supports the procurement of raw materials derived from cars and home appliances, as well as the sales of product resins.?As an automobile parts manufacturer, Kojima Sangyo supports resin compounds and automobile parts production technology. By leveraging the strengths of each company, the shareholders will create synergies and support Planic business.

Planic will contribute to the reduction of CO2 emissions and achieve a circular economy in Japan by promoting plastic material recycling through the operation of the Omaezaki Plant while also contributing to the local community through the creation of new employment opportunities.

About Veolia Japan K.K.

Veolia is a global company based in France and provides comprehensive environmental services. In Japan, Veolia develops business in three fields: water, waste treatment, and energy. Since its establishment in 2002, Veolia Japan has continued to provide services throughout the country based on the experience and networks it has cultivated globally, the technologies developed by each group company in their respective business fields, and the trust of local communities. With a mission of 'Resourcing the world', Veolia Japan provides innovative solutions to municipalities and industries to realize the circular economy.

About Toyota Tsusho Corporation

As a trading company involved in manufacturing, the Toyota Tsusho Group considers it a vital mission to consider the environment and secure and stably provide resources. Toyota Tsusho Group involves businesses which support the circular economy at each stage of the lifecycle of industries. For example, it has been a part of the circular economy in the car recycling business since the 1970s. All employees work together to contribute to the resolution of social issues by striving to become a 'leading circular economy provider'.

About Kojima Sangyo Co., Ltd.

Kojima Sangyo is a trading company as a material procurement department of the Kojima Press Industry Group, which manufactures and sells automobile parts. Kojima Sangyo also manufactures materials for automobile parts with its own compounding technology. Since the 1990s, Kojima Sangyo has also been proactively involved in the recycling of repaired and replaced bumpers into automobile parts. Kojima Sangyo contributes to the reduction of CO2 emissions and a car-to-car circular economy by making use of the manufacturing know-how of the Kojima Press Group to the raw materials Planic produces for automobile parts.

Contact:

E: taro@toyota-tsusho.com

T: 0525845000

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