FP Corporation
FP Corporation
's cases
FPCO Method Circular Recycling
FP Corporation
The reason why we started recycling food trays is that in the 1980s, there was a non-buying movement in the United States for the negative impact on the environment of plastic food containers of restaurant chains.
Considering Collaborating with DIC Corporation to Realize Chemical Recycling
FP Corporation DIC Corporation
FP Corporation believes that expansion of recycling activities is one of the most effective measures against climate changes and ocean plastic issue and is steadily executing its "FPCO Method recycling" of "Tray to Tray" and "Bottle to Tray" which have been established by FP Corporation as mono-material recycling systems.
Low-foamed PS containers created by Low-foamed PS sheet and New molding technology.
FP Corporation Sekisui Kasei Co., Ltd.
In response to our customers' needs to further reduce the use of plastic in the market, FPCO has been conducting research on product weight reduction utilizing PSP (polystyrene paper) foaming technology in collaboration with SEKISUI KASEI CO., LTD(SEKISUI KASEI).
Collaboration using the world's first new dissolution and separation recycling technology for the complete recycling of polystyrene.
FP Corporation DIC Corporation
In November 2020, DIC and FPCO announced plans to collaborate in the practical implementation of a closed-loop recycling system for polystyrene that maximizes the technologies, as well as the collection and recycling systems, of both companies. In this initiative, colored foamed trays will be recycled into new trays just like conventional white trays using a new dissolution and separation recycling technology, enabling a "tray-to-tray" recycling. Additionally, this effort aims to realize the closed-loop recycling that uses chemical recycling technology to recycle polystyrene to styrene monomer, which is the raw material for polystyrene.
Basic values and policies for initiatives towards circular economy
FP Corporation's basic principle of environmental guideline is "Contribute to realization of sustainable society by harmonizing with the environment with a recognition that conservation and protection of Global Environment is the most critical issue".Based on the principle, we set "Recycling and research and development of alternative materials" as one of its growth strategies.
We strive to realize reduction of GHG emission from the group activities and increase of resource utilization efficiency as well as realizing circular economy along with the company growth in order to achieve its "Carbon offsetting declaration through recycling" with its target year as the end of Mar. 2025.We provide its own eco-products aiming to reduce environmental impact while creating environmental value to our customers.
Market opportunities and our strengths in circular business
It is important to include consumers into the system as well as to implement own technologies and collaborate between industries in order to correspond to changes of demands from customers and society.
FP Corporation's business solution model, which is showing internal collaborations between procurement, R&D, production, distribution, sales and recycling to realize a value chain of reduction of environmental impact and a value chain of providing highly value added products to our customers, is disclosed on its website.
Setting indices/targets
FP Corporation set a target year for "Carbon offsetting declaration through recycling" at FY2025.We believe that the social movements toward carbon neutral and mind shits of customers and consumers toward eco-conscious company activities as good opportunities and set the declaration which aims to realize reduction of GHG emission from the group activities and increase resource utilization efficiency by providing its eco-products.
FP Corporation strives to diversify resources it uses (such as paper and biomass plastics) and to research chemical recycling technologies.
Implementation system
"Carbon offsetting declaration through recycling", a measure to promote sustainability among group companies, was planned and proposed by a collaboration of Environment Management Dept. and Corporate Planning Dept., both directory under the company president.
Above mentioned guidelines and progresses will be periodically reported and published on "FPCO report" and its website.
Reference URL
Growth strategy (Financial result document)
https://www.fpco.jp/dcms_media/other/AnalystMeetingonFY2021.pdf
Carbon offsetting declaration through recycling
https://www.fpco.jp/en/en_esg/en_environmenteffort/en_climate_change.html
Press release:DIC and FPCO explore collaboration in the Practical Implementation of a Closed-Loop Recycling System for Polystyrene that employs Chemical Recycling
https://www.fpco.jp/dcms_media/other/En%E3%80%90Press%20Release%E3%80%91DIC-FPCO_201202(FP).pdf
FPCO report 2020
https://www.fpco.jp/dcms_media/other/Final-E-FPCO_Report_2020.pdf