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BASF, Mitsui Chemicals join forces to promote chemical recycling

 Last Update: 2022-11-08
 Source: Internet
 Author: User

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BASF and Mitsui Chemicals said in a joint statement on June 1 that they had started a collaborative study to promote chemical recycling in Japan
.

"BASF and Mitsui Chemicals will evaluate business models and options for cooperation to commercialize chemical recycling in Japan to meet the challenges of local plastic waste recycling," the statement said
.

From 2025, BASF aims to process 250,000 tons of recycled raw materials per year, replacing fossil raw materials
.

Akio Hirahara, CEO of Mitsui Chemicals, said: "Combining BASF's expertise in chemical recycling with our assets in Japan, such as our technology and ethylene crackers, will be an important contribution to Japan's building of a circular economy.
steps
.
"

As part of the collaboration, BASF and Mitsui Chemicals also plan to expedite discussions with relevant ministries, agencies and industry groups to implement chemical recycling in Japan and promote the efficient use of recycled materials in the country
.

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