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Osaka-Gunze Limited (Headquarters: Osaka, Japan, President: Toshiyasu Saguchi)[TOKYO:3002] is pleased to announce that the company will launch a new polyolefin-based heat-shrinkable film “GEOPLAS FRG” on February 1, 2022. The product density is less than 1. Compared to other materials, the same thickness product can reduce the usage of plastic resin and is expected to reduce greenhouse gas emissions.
In the near future, the company will realize horizontal recycling of labels Note 1 by density separation recycling process. Gunze will promote the market spread of the product and create a new circular economy for shrink film.
* Note 1: Horizontal recycling is a method in which the collected plastic is pulverized into small pieces, washed, and used for the same purpose as the original container. It is mainly used in PET bottles and is called "bottle to bottle". Gunze will take this one step further and evolve it to "label to label".
Gunze has established "Promoting a basic policy towards a recycling system for plastics" and evolved a strategy of "Conversion to recycled and bio-attributed raw materials” in December 2019. The new product will be a major product in creating a plastic circular economy for shrink label.
Gunze is going to promote the product features which could efficiently be recycled at domestic market. After obtaining the third-party certifications such as The American Association of Plastic Recyclers (APR) and the European PET Bottle Platform (EPBP), the company will promote overseas expansion. The company is also going to develop a polyolefin-based shrink film that does not use petroleum-derived materials by 2030 to contribute to sustainable society through promoting the reduction of petrochemical materials usage and GHG emissions.
Gunze was founded in Kyoto, Japan in 1896, and today operates a diverse business as a leading developer and manufacturer of Plastic Films, Engineering Plastics, Electronic Components, Medical Devices, Apparel, and various other segments. Gunze employs more than 5,800 people worldwide throughout 10 countries.
The Plastic Films business, established in 1962, has a substantial footprint over 20 countries. It has three manufacturing facilities in Japan, and subsidiaries in the U.S., China, and Vietnam. Gunze’s mission will continue to be centered on advancing the quality of life by providing innovative products and solutions.
Gunze Limited
Corporate Communication Department
TEL： 81-6-6348-1314 (Shinji Nonaka)
Plastic Film Company
TEL： 81-6-7731-5800 (Naohito Fukushima)