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Mitsubishi Chemical, one of Japan’s leading chemical companies, plans to use plastic waste instead of petroleum products as a raw material for its chemical products. This was reported
This was reported by NHK, as reported by Ukrinform.
Mitsubishi Chemical plans to set up a factory in Ibaraki prefecture, north of Tokyo, by the end of March next year as part of its efforts to support decarbonization.
During the implementation of this project, which aims to reduce greenhouse gas emissions, the company will work with Eneos, a wholesale trader in petroleum products, to convert 20 thousand tons of plastic waste into oil annually.
Kato Hiroo, Mitsubishi Chemical’s representative in Ibaraki Province, acknowledges that investing in this project puts an additional financial burden on the company, but also states that the company wants to add value to its products.
A group of Japanese companies is engaged in the development of the world’s first plastic beverage bottles made from petroleum-based materials, Ukrinform reported.
Source: Ukrinform
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