TANAKA PRECIOUS METAL GROUP Co., Ltd. has made a strategic business alliance with JEPLAN, INC. to decrease CO2 emissions and enhance the recycling of organic materials in precious metal recovery processes. The partnership is an important move toward the creation of a decarbonized, circular society by combining JEPLAN's cutting-edge chemical recycling technology with TANAKA's experience in precious metals that spans many years.
Historically, TANAKA has incinerated precious metal-containing waste materials as well as plastics, which have emitted enormous amounts of CO2. With its own technology in polyethylene terephthalate (PET) recycling, both companies are in the process of incorporating chemical recycling technology for plastic-containing process waste like syringes and wiping cloths. This will cut CO2 emissions by up to 90 percent as opposed to traditional practices.
Key highlights:
“This partnership marks a critical evolution in our recycling practices. It aligns with our long-standing commitment to sustainability while ensuring the efficient recovery of precious metals.” said Koichiro Tanaka, Group CEO of TANAKA PRECIOUS METAL GROUP.
Masaki Takao, President and CEO of JEPLAN, added, “Our mission is to circulate our world. Through this collaboration, we’re extending our technology into new sectors and accelerating the realization of a circular economy.”
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Aside from cutting emissions, the collaborative effort will also enable the recycling of plastic materials, making the company even more resource-efficient. The company already has operations setup in PET recycling facilities in Kawasaki and Kitakyushu, and JEPLAN is also strengthening its technology by domestic and foreign licensing.
The partnership highlights a collective endeavor in balancing business innovation with eco-friendliness.
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