On July 25, 2022, our company and JFE Shoji Corporation (President & 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 alliance. 1. Purpose of the Business Alliance: The purpose is to build a mutually cooperative relationship regarding business related to refined oil derived from waste tires in order to expand the business areas of both companies. 2. Details of the Business Alliance: Refined oil derived from waste tires […]
Returnable Co., Ltd. participated as a presenter at a meeting of the Liberal Democratic Party's Parliamentary League for the Promotion and Expansion of Renewable Energy (Renewable Energy Parliamentary League, Chairman: Masahiko Shibayama, Member of the House of Representatives). At the meeting, we explained the current status and future potential of commercializing "refined oil derived from waste tires" as a biofuel. We were also able to deepen discussions with the relevant ministries regarding efforts to decarbonize airports and consideration of adopting FIT (Feed-in Tariff) as a sustainable renewable energy fuel. [Further explanation follows…]