What is material circulation business?

TBM has set "TBM Pledge 2030" as an ambitious goal to realize the Sustainability Revolution. We aim to circulate 1 million tons of LIMEX and plastics in 50 countries by 2030. First, we aim to build a material circulation platform in Japan, and then expand the knowledge we have gained overseas. In addition to being a material manufacturer, we are developing products using the recycled material "CirculeX", and planning to expand our recycling plant model in Japan and overseas.

Why we need to circulate material

In Japan, it is said that 87% of the waste plastic produced in the country is recycled, but 62%, or 5.1 million tons, is simply incinerated through "thermal recycling," which recovers thermal energy by incineration. Combined with 630,000 tons of waste, approximately 70% is actually being burned. Furthermore, thermal recycling is not recognized as recycling under European and American standards. On the other hand, only 1.77 million tons (21%) and 290,000 tons (4%) of plastics are recycled through "mechanical recycling" and "chemical recycling," respectively.

In order to overcome this situation, the Ministry of the Environment has announced the "Plastic material circulation Strategy" based on the Basic Law for Establishing a Recycling-Oriented Society, with the goal of doubling plastic recycling by 2030. In addition, with the enforcement of the "Act on Promotion of Plastic material circulation" from April 1, 2022, the shift to material mechanical recycling, which circulates resources by reproducing them from product to product, will become even stronger. We sought.

Detailed image of total waste plastic emissions of 8.22 million tons
*Status of production, disposal, recycling and disposal of plastic products (2021)
*Basic Knowledge of Plastic Recycling (2022)

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