JEPLAN announces that it has entered into a capital and business alliance agreement with Osaka Gas Co.

Through this alliance, JEPLAN aims to contribute to the promotion of a circular economy that enables both climate change countermeasures and economic activities, as well as to the realization of a sustainable society.

The alliance aims to create new value by leveraging the respective strengths of the two companies, and will promote the recycling of PET bottles and clothing in the Kansai region by utilizing the Daigas Group's network, in addition to reducing costs and CO2 emissions in the chemical recycling process by utilizing the Daigas Group's energy-related solutions. The Daigas Group will also promote resource recycling of PET bottles and clothing in the Kansai region by utilizing the Daigas Group's network.

JEPLAN has proprietary polyethylene terephthalate (PET) chemical recycling technology that enables recycling of waste PET into raw materials (PET resin) of the same quality as those derived from petroleum, over and over again.

JEPLAN operates two own chemical recycling plants in Japan. This has contributed to the reduction of carbon dioxide emissions as well as the reduction of petroleum resource use.