TBM presents LIMEX Bag, a product containing zero petroleum derived resin, at the G20 Innovation Exhibition
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. See the press release>>
New Material LIMEX Chosen for Yoshinoya Menus
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 Raises Capital of 1.55 Billion Yen in Creating Synergy with Companies, Bringing Aggregate Capital Raised to Over 10 Billion Yen
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.