LIMEX Pellet was introduced in the global media “Beauty Packaging” as a sustainable material for cosmetic packaging. KEMAS introduced LIMEX Pellet (injection molding grade) as a material that can contribute to the reduction of greenhouse gas, conserve natural resources that are at risk of depletion, and is highly recyclable. TBM and KEMAS collaborates to promote LIMEX cosmetic packaging globally.
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Nikkei’s 2021 “NEXT Unicorn Survey” was announced on December 3rd. TBM ranked 4th with an estimated corporate value of 133.6 billion yen and was introduced as one of the five “unicorns” with a corporate value of more than $1 billion (about 113 billion yen), introduced as a company developing new materials that solve environmental problems.
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TBM has been adopted for the “J-Bridge Escort Programme” among other 5 startups. This program is co-sponsored by the Japan External Trade Organization (JETRO) Kuala Lumpur Office and SUNWAY iLABS, a major Malaysian conglomerate that supports innovation-type entrepreneurship. This program is a program that supports collaboration between Japanese companies and overseas companies. Until March 2022, JETRO and SUNWAY iLABS will support TBM in various cases such as individual guidance by experienced experts, support for Malaysian market research, business matching, and opportunities for pitch events to introduce TBM products and services.
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The launch of TBM and SKC’s new joint venture SK TBMGEOSTONE Co., Ltd was featured in Business Korea. SK TBMGEOSTONE will develop, manufacture, and distribute biodegradable LIMEX using SKC’s PBAT, a highly cost-competitive biodegradable material. TBM and SKC are aiming to launch biodegradable LIMEX in 2022 and start mass production the following year.
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TBM’s CEO Nobuyoshi Yamasaki’s interview article was published on THE WORLDFOLOLIO. Features of LIMEX and insights into TBM’s fabless (factory-less) strategy and visions for international growth are introduced.
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13.5-billion-yen ($123 million) investment by SK Japan Investment Inc., an investment company jointly established by 4 SK Group companies, SK Inc., SKC, SK Materials, and SK Siltron for TBM was featured in Market Watch (DOW JONES NEWSWIRES). Through the alliance, TBM and SK Group companies will collaborate to establish a cost-efficient supply chain and accelerate the global sales expansion of LIMEX by leveraging SK Group’s global supply chain and sales network, as well as TBM’s material development and compounding technology.
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13.5-billion-yen ($123 million) investment by SK Japan Investment Inc., an investment company jointly established by 4 SK Group companies, SK Inc., SKC, SK Materials, and SK Siltron for TBM was featured in The Korea Herald. TBM is the first company to be invested by SK Japan Investment Inc.
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13.5-billion-yen ($123 million) investment by SK Japan Investment Inc., an investment company jointly established by 4 SK Group companies, SK Inc., SKC, SK Materials, and SK Siltron for TBM was featured in Bloomberg. This investment is the biggest funding since the establishment of TBM in 2011. SK Group stated in the article that the deal will help SK sell LIMEX at a competitive price and develop biodegradable LIMEX using SKC’s PBAT in countries such as South Korea and the U.S. According to the article, SK Inc.’s shares rose 0.5% on the next day of the announcement.
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