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MOL, Idemitsu Kosan launch VLCC plastic recycling demo test

Author plasticsinfomart 315

The demonstration test will be conducted on the VLCC Suzukasan chartered by the Idemitsu Tanker Co., Ltd., a subsidiary of Idemitsu Kosan, from MOL.

Idemitsu Kosan subsidiary Chemical Recycle Japan Co., Ltd. will use the VLCC waste plastic as raw material, produce generated oil by its technology of recycling of used plastics into oil. Idemitsu Kosan will verify the feasibility of recycling used plastics generated on MOL-operated vessels, including VLCCs, by confirming whether the generated oil produced by this process can be used as a raw material for petrochemical products and fuel oil.

In the future, the companies aim to produce “Renewable Chemicals” and “Renewable Fuel Oil” with its oil refining and petrochemical equipment, using generated oil derived from used plastic generated on VLCC.

The MOL Group has positioned environmental strategy as one of the key elements of its “BLUE ACTION 2035” management plan. Along with initiatives to protect the marine environment, including the collection of marine plastic waste, the entire group is working to reduce the impact of various activities on the global environment as it seeks to address climate change and protect biodiversity. The group contributes to the sustainable growth of people, society, and the Earth, and ensures a prosperous future from the blue oceans.

Toward the realization of a carbon-neutral society in 2050, Idemitsu Kosan has set forth its vision for 2030, “Your Reliable Partner for a Brighter Future,” and its vision for 2050, “Shaping Change.”

Source: safety4sea.com

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