JFE Shoji Electronics Corporation has established UTJ Glean Solutions (Thailand) Co., Ltd. (UTJ) as a joint venture with Thailand’s Union Petrochemical Public Co., Ltd. (UKEM) and Toyota Kagaku Kogyo, Co. Ltd. The new venture is building a factory at the Gateway City Industrial Estate in Thailand, and plans to launch a solvent recycling business in November 2025.

The government of Thailand is promoting the Bio-Circular-Green Economy Model as a national strategy. This in turn is increasing awareness of the need for recycling in the industrial sector.

Solvents are liquids used for a variety of purposes in manufacturing, including cleaning and paint thinning. According to a study by UKEM, the solvent recycling rate in Thailand is currently low—less than three percent—so the solvent recycling business has a lot of market growth potential. UTJ will collect and refine waste liquid to provide low-cost yet high-quality recycled solvents. Through this initiative, the company intends to improve the usage rate of recycled solvents in Thailand, in the process reducing CO₂ emissions by 10,000 tons per year and helping to realize a circular economy.

JFE Shoji Electronics will continue to contribute to local communities and the environment by providing innovative solutions for a sustainable future.

Business details: https://th.jfe-shoji-ele.co.jp/utj_re_solvent

Press release: https://prtimes.jp/main/html/rd/p/000000021.000104445.html