Returnable Inc. has entered into a joint research agreement with Sumitomo Heavy Industries, Ltd. (President & CEO: Toshiro Watanabe, Location: Shinagawa-ku, Tokyo) to verify the potential for development and business application of the liquefaction technology that Returnable possesses.
In this joint research project, we will utilize our oil conversion technology to conduct processing tests on various raw materials, as well as analyze and evaluate the products and consider their potential applications. By combining Sumitomo Heavy Industries, Ltd.'s technological capabilities and evaluation expertise with our accumulated oil conversion technology, we will explore the feasibility of realizing new resource recycling solutions.
In recent years, with the growing demand for a circular economy and decarbonization, expectations for technologies that effectively utilize unused resources and waste have increased. Our company is working to advance resource recycling through liquefaction technology, and through this joint research, we will pursue further technological development and the possibility of social implementation.
Going forward, our company will continue to contribute to the realization of a sustainable society through collaboration with various companies and research institutions.