Suntory, Others Set Up Plastic Recycling JV

Suntory, Others Set Up Plastic Recycling JV

   Tokyo, June 30 (Jiji Press)--A group of 12 Japanese companies including Suntory Holdings Ltd. said Tuesday that they have established a joint venture to develop technology to recycle used plastic.
   The group, also including Toyobo Co. <3101> and Rengo Co. <3941>, invested a total of 2.5 billion yen in R Plus Japan Ltd. The company hopes to reduce plastic waste that contributes to marine pollution by putting its technology into practical use by 2027.

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