BEIJING, Aug. 3 --
Osaka-based U.F.O. Group is moving ahead with its plan to build a pilot plant in
China to process waste plastics into light oil products, reflecting its
corporate strategy to diversify its business to clean energy sector, a company
|Pilot plant to turn waste plastics into
light oil in Kobe, Japan.|
U. F.O., short for Universal Factory of Operation,
has bought a piece of land covering 150 mu in Songjiang county of Shanghai for
building the plant to produce light oil products such as gasoline
with waste plastics.
The company President Kinuko Tani said her company is keen
to develop projects with high technology in China and it could start with such
a project. She declined to give details of the plant, but said it is still
at planning stage.
Developed by Dr. Taishi Kurata, the president of Nihon
Quantum Wave Science Research Institute Co., the technology, which involves
quantum physiochemical reaction, is superior to the conventional expertise in a
way that it can treat all kinds of waste plastics, be it polypropylene or
polyethylene, and achieve higher oil recovery rate at a lower cost.
The production cost of gasoline using the new
technology is 10% that of the conventional technology, said Kurata, without
Kurata said his technology is geared for producing
light distillates, as compared with heavy oil produced by conventional
Japan's Kansai Urban Banking Corp. and U.F.O. have
financed the construction of a pilot plant at Kurata's institute in Kobe city
for trial production.
The Kobe facility has a capacity of producing 530
barrels of gasoline per day, according to Kurata.
U.F.O., with its main business in garment
manufacturing in China, is the only authorized Japanese entity to promote the
technology in the country, Tani said, adding she hopes U.F.O.'s efforts could
provide an environmental-friendly alternative for China to raise its energy
supply at an affordable price. Enditem