Kaneka submitted its commitment at the Our Ocean Conference

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Kaneka submitted its commitment at the Our Ocean Conference

―To tackle the marine plastic pollution problem―

Kaneka Corporation
December 17, 2018

Kaneka Corporation (Headquarters: Minato-ku, Tokyo; President: Mamoru Kadokura) submitted its commitment on the marine plastic pollution at the Our Ocean Conference, which was held in Indonesia on 29 to 30, October 2018.

The commitment includes:
Kaneka announced to invest 2.5 billion JPY to increase the production capacity of Kaneka Biodegradable Polymer PHBH from 1,000 ton/year to 5,000 ton/year. Additionally, Kaneka will start a feasibility study for operating as soon as possible a 20,000 ton/year capacity production plant. Through this investment, Kaneka will supply the global market with about 80,000 ton of PHBH through 2025 which can be used for industrial and consumer products. PHBH related applications can contribute to reducing marine pollution by being (1) fully recoverable into organic fertilizer products via organic recycling, and (2) biodegradable in marine environment in case of accidental losses.

The Our Ocean Conference is an international conference where representatives of governments, business communities, think tanks, and NGOs get together to discuss the marine problems. The first conference was held in the U.S. in 2014, and the fifth conference was hosted by Indonesia.

(Reference) Commitments page in the official website of Our Ocean Conference

https://ourocean2018.org/?l=our-ocean-commitments

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