Mitsubishi Chemical Corporation
Mitsubishi Chemical Corporation
's cases
Design, development, manufacturing and sales of bio-engineering plastic "DURABIO" which is bio-based polycarbonate resin derived mainly from plant-based raw materials
Mitsubishi Chemical Corporation
DURABIO™ is a bio-based polycarbonate resin whose main raw material is plant-derived isosorbide. It features excellent performance, offering higher resistance to impact, heat, and weather than conventional engineering plastics.
Commercialize Acrylic Resin Molecular Recycling Operations
Mitsubishi Chemical Corporation
Regarding the polymer decomposition technology, it is being considered to develop new technology including joint development with the outside as well as existing technology, and especially to verify new one with pilot scale facilities.
Collaborative research on recycling of PET plastics through chemical recycling
Kirin Holdings Company,Limited Mitsubishi Chemical Corporation Kirin Beverage Company,Limited
Kirin Holdings Company, Limited and Mitsubishi Chemical Corporation, Limited have launched a joint project in December 2020 to study and commercialize technologies for recycling PET through chemical recycling.
Development and demonstration project of new biomass and biodegradable plastic films for agriculture
Mitsubishi Chemical Corporation
The National Agriculture and Food Research Organization: Evaluation of biodegradability and collection of basic information for stable production of enzymes
Basic values and policies regarding circular economy initiatives as a corporation.
Mitsubishi Chemical Holdings Corporation (MCHC), our parent company, launched KAITEKI management in 2011 and has treated the improvement of sustainability as part of its corporate value. In the medium- to long-term basic management strategy, KAITEKI Vision 30, which was announced at the 2020 analysts meeting, the company formulated its ideal vision for 2030 through backcasting by determining the image of society and the company it should aim for in 2050. One of the five measures to contribute to the improvement of environmental and social sustainability is the promotion of Circular Economy (CE).
KAITEKI is an original concept of the MCHC Group that proposes a way forward in the sustainable development of society and the planet, in addition to serving as a guide for solving environmental and social issues.
Market opportunities and strengths of the company in circular business
We provide a wide range of products and services, from basic chemicals to functional products, on a global scale. As a member of society and as an integrated chemical company, we are promoting CE by developing our own technologies and collaborating with various partners, for example, in establishing a recycling system for plastics.
Setting indicators and targets
MCHC has created its own management of sustainability (MOS) indices to visualize the degree of contribution to sustainability, and is using the indices to evaluate the progress of management aimed at improving sustainability, one of its management axes. In line with the update of materiality and the formulation of the medium-term management plan, we have improved the items and operation methods of the MOS indices and have been using them since fiscal 2016. We Mitsubishi Chemical Corporation are also implementing and evaluating management aimed at improving sustainability based on the MOS indices.
Implementation system
In order to strengthen our efforts to address social issues related to sustainability, the Circular Economy Department was established in April 2020 (Circular Economy Division from April 2021). While we have been working to solve sustainability-related issues in each of our businesses, the CE Division is seeking new products, services, and business models that transcend the boundaries of conventional businesses and companies from a global perspective and scale. We will also actively promote collaboration with our business partners, academia, start-ups, etc.
Reference URL
CSR Report: