TBM hereby announces that three new external directors, Ms. Yoshie Usuba, Ms. Eiko Nakazawa, and Mr. Yoo Ji Han, have been appointed at the extraordinary general meeting of shareholders in March 2022. Ms. Usuba has experience in human resources and organizational development at a company she founded, as well as research and practice in the promotion of ethical education. Ms. Nakazawa has global business knowledge and extensive experience in the field of IT and DX in the U.S. and Japan. Mr. Yoo Ji Han is Vice President of SK SUPEX Council, the highest advisory board of our business partner SK Group in Korea.

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TBM has set GHG (greenhouse gases) emissions reduction targets through the Science Based Targets initiative (“SBTi”), with levels required to meet the goals of the Paris Agreement and became a signatory of The Climate Pledge, a commitment co-founded by Amazon and Global Optimism.
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TBM announces that “LIMEX Sheet”, which is mainly made of limestone, has been adopted for the table menu of Michelin-starred Hong Kong dim sum restaurant “Tim Ho Wan” in Japan, owned by WDI Group.
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TBM announces that “Bio LIMEX Bag,” an environmentally friendly bag made mainly from limestone and plant-based resin, has been adopted as a carrier bag for Toyota brand stores of Toyota Mobility Tokyo.
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TBM announces the launch of “LIMEX Sheet 80μm”, a thin sheet suitable for catalogs, annual reports, labels, packaging, and other paper alternative products with environmental consciousness. LIMEX Sheet 80μm is produced with 100 percent renewable energy in the second self-owned LIMEX production factory “Tagajo Factory”, which was completed in 2021 with a subsidy from the Ministry of Economy, Trade, and Industry.
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TBM announces that Tagajo Factory in Miyagi Prefecture has switched its electricity to virtually 100 percent renewable energy. Tagajo Factory manufactures LIMEX Pellet and LIMEX Sheet, which contains 50 percent or more inorganic material such as calcium carbonate, an innovative material geared toward environmental sustainability.
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TBM signed a sales contract with PT. Kemas Indah Maju to tackle environmental issues by introducing LIMEX Pellet as plastic alternatives in the injection molding for the beauty industry.
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TBM announces the establishment of Southeast Asia’s first local subsidiary TBM VN Co., Ltd in Hanoi, Vietnam. TBM VN will accelerate TBM’s global expansion by enhancing LIMEX’s supply chain partnering with local manufacturers in Southeast Asia.
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TBM hereby announces that two new external directors, Mr. Mitsunobu Koshiba, the Honorary Chairman of JSR Corporation, and Mr. Woncheol Park, the Vice President of the “SK SUPEX Council”, the highest advisory committee of SK Group, and a director Mr. Hiroshi Udagawa, Senior Executive Officer and General Manager of Corporate Finance Office of TBM, have been appointed at the extraordinary general meeting of shareholders in August 2021.
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TBM today announces the establishment of a joint venture “SK TBMGEOSTONE Co., Ltd” with SKC Co., Ltd., a major chemical material company of SK Group to develop, manufacture, and distribute biodegradable LIMEX using SKC’s PBAT, a highly cost competitive biodegradable material.
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TBM today announces the start of a project to construct one of the largest recycling plants in Japan with the latest technology of automatic identification and sorting of “LIMEX”, a material mainly made from limestone, and general plastic wastes, recycling them into pellets.
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TBM announced today that they agreed on a capital and business alliance with SK Group. SK Japan Investment Inc. invested US$123M in TBM, and TBM signed an agreement with SKC, a major chemical material company of the SK Group, to establish a joint venture company to develop, manufacture, and sell biodegradable LIMEX using SKC’s PBAT, a highly cost competitive biodegradable material.
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TBM is pleased to announce that they are now ready to accept orders for the HPM (High Performance Masterbatch) to manufacture the “LimeAir Bag” from worldwide location.
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TBM and Bioworks are pleased to announce that Bio Face Cool and Bio Face Lite Cool are now ready for pre-ordering from worldwide locations. These cool feeling fabric masks are knitted with biomass-based yarns, which lead to a comfortable usage of face masks even in humid summer season. They could be washed and reused, which lead to reduction of single use plastic and CO2 emission.
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TBM and Bioworks are pleased to announce that Bio Face LiteTM is now ready for pre-ordering from worldwide locations. Bio Face LiteTM is knitted with biomass-based PLA (polylactic acid) yarn and could be washed and reused for around 30 times. Bio Face LiteTM is affordable compared with 30 pieces of disposable mask that is priced around US$0.20 – US$1.00 per piece depending on the regions.
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TBM and Bioworks are pleased to announce the development of Bio Face, a washable and reusable antibacterial face mask, to contribute to fulfill the shortage of face masks worldwide, due to the COVID-19 pandemic. TBM and Bioworks are looking for partner companies and organizations that can market and distribute Bio Face masks. Most of the disposable face masks are single use plastic products, made of petroleum-derived resin. Bio Face is made of PLA (Polylactic Acid) yarn developed through collaboration with SHIMA SEIKI MFG., LTD., the world’s leading manufacturer of knitting machines, and can be washed and reused. PLA, the main raw material of Bio Face, is biomass based and highly biocompatible. Bio Face is mildly acidic (close to human skin), antibacterial, and comfortable. TBM and Bioworks start to accept pre-orders from Japan and overseas starting from today.
TBM and Bioworks will promote the reuse of face masks to help fulfill the increasing demand and shortage of face masks worldwide, and at the same time pursue to improve the environmental footprint by using renewable biomass-based resources. Production of Bio Face outside of Japan is also planned.
* “Bio Face” is applied for trademark registration by Bioworks Co., Ltd
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TBM would like to announce that it has become ready to productize its ongoing project of developing a LIMEX bag made of limestone, containing zero petroleum derived resin.Furthermore, between June 14th (Friday) to 16th (Sunday) 2019, TBM will be involved in the ‘G20 Innovation eExhibition’ at the ‘G20 Ministerial Meeting on Energy Transitions and Global Environment for Sustainable Growth’ hosted by the Ministry of Economy, Trade and Industry, and the Ministry of Environment in Karuizawa of Nagano prefecture. At this exhibition, TBM will present various LIMEX products that can potentially replace paper and plastic, in addition to the new LIMEX Bag made of zero petroleum derived resin.
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TBM announces that LIMEX paper products are is now used for the menus of Yoshinoya, a food service chain operated by Yoshinoya Co., Ltd. (headquarters: Chuo-ku, Tokyo, president: Yasutaka Kawamura) . Taking this opportunity, TBM will propose the replacement of other Yoshinoya store items with LIMEX products and consider ways to upcycle using LIMEX through discussions with Yoshinoya.

TBM has conducted third-party share allocations to JR East startup Co., Ltd., Sanyo Chemical Industries, Ltd., and the SBI Group (in alphabetical order ). With the rights offering, active investment will be conducted towards: establishment of a mass production plant to increase production volume in Japan and strengthen product competitiveness (Tagajyo manufacturing plant, construction expected to complete in 2020); marketing and human resource recruitment for accelerating domestic expansion; research and development; and joint development.
TBM will collaborate with the above companies to create synergy and engage in joint development and marketing of LIMEX products and realize accelerating growth of LIMEX.

TBM and Kanagawa Prefecture will promote the development of a circular community through the upcycling of LIMEX, aimed at contributing to the 2030 Agenda for Sustainable Development Goals (SDGs) adopted by the United Nations. Prior to launching the upcycling model demonstration project, TBM and Kanagawa Prefecture will form the Kanagawa Upcycle Consortium, which invites local municipalities, companies, and associations in Kanagawa Prefecture as partners. The two parties will set up a secretariat to form the consortium and lead the world in establishing a circular community development model unique to Kanagawa Prefecture.