December 20, 2023
Diverse Resources conservation and Resources circulation
Toyo Seikan Group Holdings and Idemitsu Kosan Begin Demonstration Experiments for Resources Plastic Scraps
Toyo Seikan Group Holdings, Ltd.
Idemitsu Kosan Co.,Ltd.
Toyo Seikan Group Holdings, Ltd. and Idemitsu Kosan Co., Ltd. (hereinafter "Idemitsu Kosan") today announced the joint start of a demonstration test on the recycling of "plastic scrap material", *1 (Recycling of used plastics into oil, *2).
In the demonstration test, Chemical Recycle Japan Co., Ltd., a subsidiary of Idemitsu Kosan, will use the plastic scrap material occurs in the manufacturing process of plastic products at the plants of Toyo Seikan Group as raw material, produce generated oil by its technology of recycling used plastics into oil.
Through a series of these initiatives, Idemitsu Kosan will confirm the availability of using generated oil as a raw material for petrochemical products and fuel oils, and verify the feasibility of recycling plastic scrap material. In the future, Idemitsu aims to produce "Renewable Chemicals" and "Renewable Fuel Oil"
*3 with its oil refining and petrochemical equipment, using generated oil derived from plastic scrap material as a raw material.
Aiming to realize through these initiatives
Aiming to realize through these initiatives
Aiming to realize through these initiatives
Toyo Seikan Group, through its "Eco Action Plan 2030" established in 2019, is striving to realize three types of societies: a zero-carbon society, a zero-waste society, and a society coexisting with nature. We are promoting business activities that consider the global environment across the entire group.
In realizing a zero-waste society, we will switch materials used for our products from fossil-based to recycled and renewable materials, including plant-based plastics. By minimizing the use of exhaustible resources and promoting product designs that can be easily resourced after use, we aim to evolve from one-way to circular products and systems. We will enhance the effectiveness by concretizing measures to reduce environmental impacts and steadily promote initiatives towards realization.
出光興産は2050年カーボンニュートラル社会の実現に向け、2030年ビジョン「責任ある変革者」、2050年ビジョン「変革をカタチに」を掲げています。昨年11月に発表した中期経営計画（対象年度：2023～2025年度）では、下記の「3つの事業領域」の社会実装を通して「人々の暮らしを支える責任」と「未来の地球環境を守る責任」を果たしていくことを表明しました。
The initiative to recycle plastic scrap material is an important initiative for social implementation of " Diverse resource conservation / circulation solutions", one of the three business areas stated in the company's medium-term management plan.
Through the demonstration test, both companies will work to realize a carbon-neutral and recycling-oriented society.
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"Plastic scrap material" is scrap occurs in the process of manufacturing plastic products, such as caps, bottles, and pouch films.
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油化ケミカルリサイクル：使用済みプラスチックやプラスチック端材を油化して、生産した生成油を原料に「リニューアブル化学品」や「リニューアブル燃料油」を製造する再資源化の手法。出光興産の以下リリースをご参照ください。
2023年4月20日付
使用済みプラスチックを原料とした油化ケミカルリサイクル商業生産設備への投資決定について -
"Renewable Chemicals" and "Renewable Fuel Oil" are chemicals and fuel oil produced from generated oil by the recycling of used plastics technology.
【Corporate Profile】
■Toyo Seikan Group Holdings, Ltd.
- Head office
- Osaki Foret Bldg., 2-18-1 Higashi-Gotanda, Shinagawa-ku, Tokyo
- Representative
- Ichio Otsuka, President
- Main business
- Management of group companies
■ Idemitsu Kosan Co.,Ltd.
- Head office
- 2-1, Otemachi 1-chome, Chiyoda-ku, Tokyo
- Representative
- Shunichi Kito, Representative Director, President & Chief Executive Officer
- Main business
- The company operates globally in the areas of fuel oil, petrochemicals, lubricants, electronic materials, electric power and renewable energy, oil and gas development, and coal.
■Chemical Recycle Japan, Co., Ltd.
- Head office
- 6F RBM TsukijiSquare, 1-18-8 Shintomi, Chuo-ku, Tokyo
- Representative
- President Masahiko Okamura
- Main business
- As a subsidiary of Idemitsu Kosan Co., Ltd., the company engages in procurement of used plastics, Recycling of used plastics into oil using its own facilities, and sales of generated oil.
[Contact information]
Toyo Seikan Group Holdings, Ltd. Corporate Communication Group
Sustainability Department
(Email) tskg_contact@tskg-hd.com
Regarding news release
contact information
Idemitsu Kosan Co.,Ltd. Public Relations Department, Public Relations Division