en.Wedoany.com Reported - Mizuho Group (Mizuho) and three other Japanese companies have launched a joint research initiative aimed at developing a resource recycling business model that converts waste plastics from the semiconductor industry into materials for automotive manufacturing. The project focuses on the Kyushu region in southern Japan, which is attracting large-scale semiconductor investments from companies such as TSMC and is also a traditional automotive manufacturing hub.
The consortium consists of Mizuho Bank, material recycling company Ishizaka, compounding company Nishiki, and molding company Nifco. Each partner contributes its expertise: Mizuho provides sustainable business knowledge and financial capabilities, Ishizaka offers advanced waste sorting technology and recycling chain development, Nishiki supplies compounding technology from raw materials to finished products, and Nifco is responsible for product design, mold manufacturing, production, and product function evaluation for development.
The project specifically targets European End-of-Life Vehicle (ELV) regulations while building a high-value-added circular model for waste plastics. Raw materials include conductive compounds used for semiconductor trays.
Upon project success, Mizuho Bank will provide financial and business support for commercial-scale operations. Key success factors include: Nifco verifying the processability of automotive parts using recycled materials and evaluating their mechanical properties, durability, and consistent quality; and Nishiki developing recycled compounds that meet stringent automotive industry standards.
This collaboration represents a significant step toward establishing a sustainable plastic recycling infrastructure connecting the semiconductor and automotive industries.
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