For Realization of a Circular Economy Under Toray Group Sustainability Vision, “a world where resources are sustainably managed” is one of perspectives of the world that we aim to realize by 2050. Society has so far faced various issues such as resource depletion, marine
pollution from significant garbage inflow, and 2CO emis- sions. To solve these issues, Toray has positioned measures to realize a circular economy that effectively uses resources, as a key theme in “Project AP-G 2022.”
Toray Industries, Inc. Integrated Annual Report 2020 68 Realizing a Circular Economy through Various Technologies and Products Toray is contributing to the realization of “a world where resources are sustainably managed”—the so-called circular economy—through various technologies in such areas as recycling of plastics, utilization of biomass in raw materials, use of renewable and hydrogen energy, and reuse of water. For example, Toray is engaging in material recycling*1 and recycling within our operating processes, which reuse plastic products such as fibers and textiles, resins, and films. In addition, we have already produced nylon fiber products through chemical recycling*2 that turns unrecyclable plastics into basic chemicals such as monomer and gas. Furthermore, Toray is promoting the development of products made using plant-derived raw materials rather than petroleum, and membrane-integrated biotechnology that effectively produces these raw materials. Moreover, Toray technologies are being used in areas including materials for wind turbine blades that generate energy used in manu- facturing processes, materials for equipment that produces hydrogen used to generate renewable energy, and water treatment membranes for recycling wastewater.
*1 Material recycling: a recycling process that uses heat to convert used plastic bottles and remnants produced during manufacturing processes into yarn, staple fiber, and other materials. *2 Chemical recycling: a recycling process that breaks down through depolymerization used products and remnants produced during manufacturing processes into monomers that are manufactured back into chips and then recycled into yarn, staple fiber and other materials.