Investment News: Mercuria's Strategic Move into Recotech
In a major development for the recycling industry, Mercuria Investment, a core subsidiary of Mercuria Holdings, has announced its investment in Recotech Co., Ltd. through the Mercuria Supply Chain Investment Limited Partnership (MSCF). This alliance marks an important step in addressing the challenges in resource circulation and waste management.
Recotech is on a mission to transform what was once considered "waste" into invaluable resources. Their vision, "From Major Consumption Centers to Major Supply Centers," aims to utilize urban waste generated daily in metropolitan areas as raw materials that can support various industries. By redefining these materials, Recotech is paving the way towards a more sustainable future and optimizing supply chain processes.
The startup focuses on implementing its resource circulation data platform, known as "pool," across various sectors, including commercial facilities and manufacturing plants. Furthermore, Recotech is collaborating with facilities managed by the city of Yokohama to create a comprehensive overview of waste and its potential reutilization from waste collection points to the entire supply chain. This innovative approach is necessary for strengthening the recycling industry's operations and efficiency.
The MSCF targets innovative technologies and business models that solve challenges within logistics and supply chains. Their strategy not only provides financial support for the growth of these startups but also promotes cooperation between them and Limited Partner (LP) investors, thereby fostering business development. By investing in Recotech, MSCF recognized the company’s strong potential to tackle structural inefficiencies in waste logistics, thereby optimizing the entire recycling supply chain.
Recotech’s deep understanding of the industrial waste sector underpins their essential approach to resource management. They will leverage this knowledge to enhance the operations of the recycling supply chain effectively. Mercuria Investment's support will be instrumental in fostering Recotech's growth and advancing their innovative initiatives in the circular economy.
About Recotech Co., Ltd.
- - Company Name: Recotech Co., Ltd.
- - Headquarters: 5th Floor, Risona Kudans Building, 1-5-6 Kudans Minami, Chiyoda, Tokyo, Japan
- - CEO: Ei Nogasaki
- - Business Overview: Operations of the next-generation measurement management system "pool" (for waste producers), procurement platform for PCR materials (for procurement businesses), provision of 100% domestically sourced PCR materials - pool resin, and Circularity Design Consulting.
- - Website: Recotech
About Mercuria Investment Co., Ltd.
- - Company Name: Mercuria Investment Co., Ltd.
- - Headquarters: 3rd Floor, Narihaya Town Building, 1-3-3 Uchiyu, Chiyoda, Tokyo, Japan
- - CEO: Toshihiro Toyoshima
- - Business Overview: Investment advisory, asset management, and Type II financial instruments business.
- - Website (Venture Investment Strategy): Mercuria Ventures
Mercuria Investment operates under the mission of "Changing Japan’s present with the power of funds." With this investment in Recotech, they aim to contribute significantly to sustainability and environmental responsibility, while nurturing innovative solutions in waste management.
For further queries regarding this release, please contact:
- - Company: Mercuria Holdings Co., Ltd. - Business Planning Department
- - Phone: 03-3500-9870
- - Email: [email protected]
- - Website: Mercuria