Nifco Inc.(hereinafter "Nifco")has invested in Biomass Resin holdings Co, Ltd (hereinafter "Biomass Resin HD"), a start-up that contributes to solving social issues by manufacturing, selling, researching and developing resin materials using biomass resources.
Biomass Resin HD develops, manufactures and sells "Rice Resin®", a resin material that utilizes domestically produced non-edible rice. It also plans, manufactures and sells related products made of Rice Resin, and develops related manufacturing equipment. Biomass Resin HD is a company who promotes smart agriculture aimed at securing rice as a raw material for Rice Resin, and at the same time, solves social issues such as reducing food loss by utilizing non-edible rice and eliminating abandoned cultivated land.
Taking this investment in Biomass Resin HD as an opportunity, we will further deepen exchanges between the two companies and consider future collaboration such as the development of Nifco products using the resin material of Biomass Resin HD.
Going forward, Nifco will continue to contribute solving social issues represented by the SDGs and realize its purpose 'Sparking Innovation by fastening small insights with technology for a better world'.
<About Biomass Resin Holdings Co., Ltd>
Name: Biomass Resin Holdings Co., Ltd
Address: EGG JAPAN, New Marunouchi Building, 1-5-1 Marunouchi, Chiyoda city, Tokyo
CEO: Kazuhito Kamiya
Capital : 135,160 Thousand JPY (as of June 2021, including capital reserve)
Established in March, 2020
U R L https://www.biomass-resin.com/
Nifco Inc. published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 04:17:00 UTC.
NIFCO INC. is a Japan-based manufacturing company primarily engaged in synthetic resin business. The Company operates in three business segments. The Molded Synthetic Resin segment manufactures and sells industrial plastics, fasteners, plastic precision molding components and molds. The Bed and Furniture segment is engaged in the production and sale of beds, as well as the import and sale of furniture. The Others segment is engaged in the purchase of accounts receivables and other businesses.