On July 25, 2022, our company and JFE Shoji Corporation (President and CEO: Toshifumi Kobayashi, Location: Chiyoda-ku, Tokyo), a core trading company of the JFE Group, agreed to jointly work on business related to refined oil derived from waste tires, and signed a memorandum of understanding regarding business cooperation.
1. Purpose of the business alliance
The aim is to establish a cooperative relationship regarding operations related to refined oil derived from waste tires, in order to expand the business areas of both parties.
2. Details of the business partnership
We will work together on matters related to refined oil derived from waste tires (*).
*Details are omitted for this release.
*No decisions have been made regarding investment in our company.
3. Overview of Business Partners
Company Name: JFE Trading Co., Ltd.
Location: 1-9-5 Otemachi, Chiyoda-ku, Tokyo
Representative's title and name: President and Representative Director, Toshifumi Kobayashi
Business activities: Domestic trading, import/export, and international trading of steel products, steel raw materials, equipment and materials, real estate, etc.