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Fukuvi Chemical Hits Limit Up on Breakthrough in Recycled Plastics for Construction Materials◇
Fukuvi Chemical Industry <7871> Surged to \1,019, Up \150 from the Previous Trading Day, Hitting the Daily Limit Up and Remaining Bid-Only at That Level. At 11:00 a.m. on the 10th, the Company Announced, Together with Idemitsu Kosan <5019>, Takenaka Corporation, Chemical Recycling Japan (CRJ), and Prime Polymer (PRM), That They Had Successfully Manufactured Recycled Plastics from Used Plastics and Applied Them to Construction Materials. This Announcement Attracted Strong Buying Interest.
CRJ Produced Chemical Recycling Oil Equivalent to Light Crude Oil from Used Plastics Using Its Proprietary Technology. This Was Then Used by Idemitsu Kosan to Manufacture Chemical Products, Which PRM Processed into Recycled Plastics. Fukuvi Chemical Successfully Applied These Materials to Support Legs for Dry-Type Sound-Insulating Double Floors, Overcoming Technical Challenges. Going Forward, the Five Companies, Including Takenaka Corporation, Will Leverage the Expertise and Results from This Initiative to Further Promote Recycling and Resource Circulation of Used Plastics Generated at Construction Sites.
Note: The "◇" at the end of the title indicates that the article contains multiple stock issues.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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