• Notice

Asahi Kasei joins European Bioplastics

July 29, 2022
Asahi Kasei Corp.

Asahi Kasei joined European Bioplastics (EUBP), an association of companies involved in bioplastics, in June 2022.

Founded in Germany in 1993, EUBP has around 70 member companies from the entire bioplastics value chain. EUBP aims to advance the economic and regulatory framework in Europe to allow for the bioplastics market to grow and flourish, while promoting coherent standards, certifications and guidelines for transparent claims about bioplastics and their environmental benefits.

Since the European Commission announced its “Green Deal” in 2019, various environmental policies have been launched across the European Union. Asahi Kasei will contribute to the establishment of regulatory frameworks conducive to the dissemination of bioplastics by proactively offering opinions in EUBP working groups. At the same time, involvement in EUBP will enable Asahi Kasei to quickly discern trends in European environmental policy, which may be leveraged in Japan and other regions.

In Asahi Kasei’s medium-term management plan ending in 2024, the Environment & Energy is identified as a priority field for provision of value. Asahi Kasei expects that its membership in EUBP will foster greater value creation in the area of the environment.