BASF, Mitsui Chemicals starts study to promote chemical recycling
Nurluqman Suratman
01-Jun-2021
SINGAPORE (ICIS)–BASF and Mitsui Chemicals have started a collaborative study to promote chemical recycling in Japan, the two firms said in a joint statement on Tuesday.
“BASF and Mitsui Chemicals will evaluate collaborative business models and various options to commercialize chemical recycling in Japan to address the local challenge of plastic waste recycling,” they said in a statement.
From 2025, BASF aims to process 250,000 tonnes of recycled feedstock annually, replacing fossil raw materials.
“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,” said d Akio
Hirahara, the managing executive officer of
Mitsui Chemicals.
As part of their cooperation, BASF and Mitsui Chemicals also plan 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.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.
Want to learn about how we can work together to bring you actionable insight and support your business decisions?
Need Help?