Building a Circular Economy by Recycling Resources
As we continue to promote the recycling of wastepaper both in and outside Japan, we are also accelerating our multifaceted approach to realizing a circular society. This includes our comprehensive recycling business, which aims to efficiently recycle plastic and other waste, and our renewable energy power generation business focused on solar and woody biomass power.
In line with the segment policy put forth in OVOL Medium-term Business Plan, which is to contribute to a sustainable society and the future of the planet through a circular business model, we are actively advancing resource recycling and fostering a circular society. In the wastepaper recycling business, we are building a collection network centered around the group company Fukudasansho and ensuring a stable supply to paper manufacturers both within and outside the group, while also strengthening the collection of classified documents for wastepaper recycling. In addition, we are expanding our global wastepaper collection network, with bases in the U.S. and India. Beyond our wastepaper recycling business, we are also actively growing our comprehensive recycling business with a focus on recycling waste plastics.
At Eco-Port Kyushu, we integrate both “material recycling”, where waste plastic is sorted and recycled as a raw material, and “thermal recycling”, which involves recycling waste materials as solid fuel. As a result, we are achieving more efficient recycling and reducing the use of fossil fuels. Furthermore, to comply with the Plastic Resource Circulation Act implemented in 2022, we are planning the construction of a second plant, and scaling up business operations with new investments as part of OVOL Medium-term Business Plan 2026.
In the renewable energy business, we are continuing our efforts in power generation using woody biomass and solar energy in order to respond to the growing societal demand for a shift toward energy with low environmental impact. In parallel, we have also established a biomass fuel business in Malaysia that collects and sorts palm kernel shells (PKS). While focusing on the Japanese market, the business also supplies to power plants both within and outside our group. In addition, we aim to strengthen our business base by constructing an even more stable supply system, advancing plans for a third yard as part of our main business, and expanding our fuel business while also developing new products. By doing this, we are pursuing our goals under OVOL Medium-term Business Plan 2026 to strengthen cooperation with business partners, maximize existing businesses, and forge relationships with new suppliers and customers.
Moreover, we are realizing greater group synergy and accelerating efforts to capture new revenue opportunities through information sharing and collaboration across the group. Finally, we are investing in the development at retention of human capital, such as those with expertise in operations and facilities, while working to build a business foundation that enables individuals with diverse specializations to thrive. Through these initiatives, our group is committed to promoting the utilization of recycled resources and renewable energy, thereby contributing to the creation of a sustainable society and a brighter future for the planet.
The Japan Pulp & Paper Group is developing its business with the aim of creating a circular economy in order to realize its mission to carve a better future for society and the environment. The business of recycling wastepaper, which is becoming increasingly important as a raw material for papermaking, and the papermaking business, which uses wastepaper as a raw material, work together to contribute to the resource cycle. In regard to the energy cycle, we are promoting power generation using renewable energy.