Two Japanese Companies Kick off Auto Recycling Business

Tsuneishi Corp. and Sojitz Corp. have begun an automobile recycling business through Tsuneishi CRS Corporation, which was founded through joint capital investment.

Tsuneishi CRS obtained permission from the Hiroshima prefectural government to conduct the dismantling and shredding operations required for an automobile recycling business. The facility started operations this month.

Plans call for the facility, with a processing capacity of 14,400 vehicles per year, to recycle 10,800 vehicles in the second year.

The company expects to bring in vehicles mainly in the Chugoku and Shikoku region. In addition, with the aid of the marine transportation system of the Tsuneishi Group, the company will seek to bring in end-of-life vehicles from remote islands in the Setouchi region.

Sojitz will be focusing its efforts on environment-related businesses, in a move toward realization of the recycling of resources and a recycling-based society system.

For its recycling business, the company has established CRS Saitama Co., Ltd., a company engaged in consistent ELV processing in Saitama prefecture.

Further, jointly with Nipponkoa Insurance Co., Ltd., the company provides the NK Recycle Net service, which assists auto mechanical service providers and automobile dealers in appropriately treating end-of-life vehicles.

With Tsuneishi CRS as a strategic base in western Japan, the business of appropriate ELV treatment will be continuously promoted throughout the nation.