In a collaborative endeavour, Mitsui O.S.K. Lines (MOL) and Idemitsu Kosan have unveiled their joint initiative aimed at addressing the issue of marine plastic waste through recycling.
OL has installed an automated marine debris collection device called Seabin at the Hiroshima Municipal Pier, which is used as a base for tugboats, with the aim of promoting marine environment conservation. Idemitsu Kosan, using the marine plastic waste collected by Seabin as raw material, aims to produce generated oil by its technology of recycling of used plastics into oil.
Through a series of initiatives, Idemitsu Kosan will confirm the availability of generated oil as a raw material for petrochemical products and fuel oils and verify the feasibility of recycling marine plastic waste.
In the future, Idemitsu aims to produce renewable chemicals and renewable fuel oil, with its oil refining and petrochemical equipment, using generated oil derived from marine plastic waste as raw material.
Through the demonstration test, both companies will work to realize a carbon-neutral and recycling-oriented society and to pursue marine environmental conservation.