Launch study to support chemical recycling in Japan
[Company / organization] Mitsui Chemicals, Inc.
Time started (or to be started)
BASF Japan and Mitsui Chemicals have started a collaborative study on June 1, 2021
Technology and business model
・BASF is currently promoting ChemCycling mainly at its European Verbund sites, where the company can benefit from integrated production networks. BASF has accumulated technologies and know-how of chemical recycling.
・Combining BASF’s expertise in chemical recycling with our assets in Japan, such as our technologies and ethylene crackers, will be a major step to contribute towards building a circular economy in Japan.
Achievements and goals
Achievement:Through cooperation across the value chain, we will evaluate collaborative business models and various options to commercialize chemical recycling in Japan to address the local challenge of plastic waste recycling.
Goal: We want to accelerate discussions with related ministries, agencies, and industry groups for implementation of chemical recycling in Japan, and promote the effective and efficient use of recycled materials in the country.
Reference URL
https://jp.mitsuichemicals.com/en/release/2021/2021_0601.htm
https://jp.mitsuichemicals.com/sites/default/files/media/document/2021/event_210602e.pdf